2390 Fairgrounds Rd
$700,000
2390 Fairgrounds Rd Salem, OR 97301
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About this listing
DESCRIPTION
Investment Opportunity! Recently renovated building with vaulted ceilings and an
open concept. Currently leased to a marijuana retailer through August 31, 2031 with
one (1) Five (5) year option remaining. Lease is NNN, Landlord is currently grossing
$50,676 in annual rent.
Conveniently situated just a short distance from Interstate 5, the property offers easy
access to regional transportation routes, facilitating seamless connectivity for
commuters and visitors. Additionally, the property is only a few minutes away from
downtown Salem, ensuring proximity to the city's bustling commercial and cultural hub.
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Building Size
4,068 sqft
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Lot Area
0.36 acres
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Year Built
1928
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Zoning
MU1
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Year Last Renovated
2020
Details
- • Max Contiguous Area: 4068.0
- • Min Divisible Area: 4068.0
