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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: 36 Days
  • MLS #: 829065
$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 © 2025 Willamette Valley Multiple Listing Service



Description

Investment Opportunity! Recently renovated building with vaulted ceilings and an openconcept. Currently leased to a marajunia retailer through August 31, 2026 with two (2)Five (5) year options. Lease is NNN, Landlord is currently grossing $49,200 in annualrent. Tenant has stated they are willing to extend for another 5 year term. Conveniently situated just a short distance from Interstate 5, the property offers easyaccess 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 © 2025 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: 2025-06-22T00:08:55.903.
www.suelongrealty.com/homes/163918749
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2390 Fairgrounds NE Salem, OR 97301

  • Price: $700,000
  • Status: Active
  • On Site: 36 Days
  • 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 an openconcept. Currently leased to a marajunia retailer through August 31, 2026 with two (2)Five (5) year options. Lease is NNN, Landlord is currently grossing $49,200 in annualrent. Tenant has stated they are willing to extend for another 5 year term. Conveniently situated just a short distance from Interstate 5, the property offers easyaccess 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

© 2025 Willamette Valley Multiple Listing Service. All rights reserved.


Willamette Valley MLS logo © 2025 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: 2025-06-22T00:08:55.903.
 
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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 © 2025 Willamette Valley Multiple Listing Service