2390 Fairgrounds Rd NE, Salem, OR 97301, Salem, OR 97301
sale
$700,000
|
Retail
Courtesy Of Coldwell Banker Commercial Mountain West Real Estate
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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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- MLSID: 946JJT
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