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Listing provided courtesy of COLDWELL BNKR/COMMERCIAL DIV: 503-588-3508.

2390 Fairgrounds NE

Salem, OR 97301
  • $700,000
  • STATUS: Active
  • ON SITE: 511 Days
  • MLS #: 829065
UPDATED: 65 min ago
$700,000
  • 0
    BEDS
  • 0.36
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,068
    SQFT
  • $172
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1928
County:

School Ratings & Info

Listing provided courtesy of COLDWELL BNKR/COMMERCIAL DIV: 503-588-3508. Listing information © 2026 Willamette Valley Multiple Listing Service



Description

Investment Opportunity! Recently renovated building with vaulted ceilings and anopen 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 forcommuters and visitors. Additionally, the property is only a few minutes away fromdowntown Salem, ensuring proximity to the city's bustling commercial and cultural hub.

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Willamette Valley MLS logo

'IDX Member: Keller Williams Mid-Willamette' © 2026 Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. Data last updated: 2026-10-10T00:08:44.057.

IDX Member: Keller Williams Mid-Willamette
www.suelongrealty.com/homes/163918749
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2390 Fairgrounds NE Salem, OR 97301

  • Price: $700,000
  • Status: Active
  • On Site: 511 Days
  • Updated: 65 min ago
  • MLS #: 829065
0
Beds
0
Baths
0
½ Baths
0.36
Acres
4,068
SQFT
$172
$/SQFT
1928
Built
Neighborhood:
20 CENTRAL SALEM
County:
Marion
Area:
20 CENTRAL SALEM
Property Description
Investment Opportunity! Recently renovated building with vaulted ceilings and anopen 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 forcommuters and visitors. Additionally, the property is only a few minutes away fromdowntown Salem, ensuring proximity to the city's bustling commercial and cultural hub.
Property Features

Commercial Type Retail New Construction No Source Of Square Feet Owner Zoning MU1

© 2026 Willamette Valley Multiple Listing Service. All rights reserved.


Willamette Valley MLS logo

'IDX Member: Keller Williams Mid-Willamette' © 2026 Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. Data last updated: 2026-10-10T00:08:44.057.

IDX Member: Keller Williams Mid-Willamette
 
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Keller Williams Mid-Willamette
201 NW 3rd St
Corvallis OR, 97330
Listing provided courtesy of COLDWELL BNKR/COMMERCIAL DIV: 503-588-3508. Listing information © 2026 Willamette Valley Multiple Listing Service