For Sale
Retail Investment Opportunity - Fairgrounds Rd
2390 Fairgrounds Rd NE,
Salem, OR 97301Represented by
Mountain West Real Estate
Salem, OR 97301Represented by
Mountain West Real Estate
Asset Snapshot
Community Center
Office Subtype
1928
Year Built
2020
Year Renovated
1
Floor Count
1
Building Count
0.36 Acres
Land Area
100%
Occupancy
Offering Summary
Investment Overview
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.Investment Highlights
- 4,068 SF building
- Built in 1928
- Zoned MU1
- Located in Salem
- 100% occupancy
How it Works
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Listing Syndicated From
For Sale
$700,000
Asking Price
Investment Sales Brokers
