2390 Fairgrounds Rd
$700,000
2390 Fairgrounds Rd, Salem, OR 97301
For Sale
Retail
Active
Last Updated: 09/23/2026
4,068 sqft
Building Size
0.36 acres
Lot Area
Details:
Building Size: 4,068 sqft
Lot Area: 0.36 acres
Year Built: 1928
Zoning: MU1
Year Last Renovated: 2020
Highlights:
- Max Contiguous Area: 4068.0
- Min Divisible Area: 4068.0
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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Listing ID: 1630c89c-ebac-4fa8-ad9e-fbe03c89abb9
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Location
Gallery