Retail Investment Opportunity - Fairgrounds Rd

For Sale

2390 Fairgrounds Rd NE, Salem, OR 97301

This Salem property for sale is located at 2390 Fairgrounds Rd NE. The general use of Retail Investment Opportunity - Fairgrounds Rd is office and it incorporates 4,068 square feet of class C office space. The current listed sale price for Retail Investment Opportunity - Fairgrounds Rd is $700,000. Retail Investment Opportunity - Fairgrounds Rd is situated on a lot that is 0.1 acre in size.

Contacts

broker
Alex Rhoten

Coldwell Banker Commercial Mountain West Real Estate

Property Details

  • Property Type Office - General Office
  • Property Size 4,068 SF
  • Units 1
  • Lot Size 0.1 Acre
  • Property Tenancy Single Tenant
  • Building Class C
  • Year Built 1928
  • Year Renovated 2020
  • Date Updated May 16, 2025
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.Investment Opportunity! Recently renovated building with vaulted ceilings and an open concept. 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 annual rent. Tenant has stated they are willing to extend for another 5 year term.
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Highlights

  • 4,068 SF building
  • Built in 1928
  • Zoned MU1
  • Located in Salem
  • 100% occupancy

Getting around

  • 74/100

    Walk Score ®

  • 41/100

    Transit Score ®

  • 88/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Salem, OR
  • Neighborhood Higland
  • Zip Code 97301
  • Market Eugene

Points of Interest

  • Salem

    1.96 miles

  • Brooks Historical Society Depot

    6.69 miles

  • Hopmere Station

    6.78 miles

  • 76

    0.59 miles

  • Blink

    0.75 miles

  • ChargePoint

    0.86 miles

  • Shell

    0.96 miles

  • Arco

    1.05 miles

  • Pulse

    1.06 miles

  • Pacific Pride

    1.32 miles

  • Petrol Express

    1.47 miles

  • Electrify America

    1.56 miles

  • Fred Meyer Fuel

    1.57 miles

  • Market Street Park and Ride

    1.26 miles

  • Green Lot - Dept of Admin Services

    1.29 miles

  • Marion Parkade

    1.39 miles

  • WalMart North Park and Ride

    1.57 miles

  • Chemeketa Parkade

    1.61 miles

  • Riverfront Park (North Lot)

    1.69 miles

  • Liberty Square Parkade

    1.80 miles

  • Reserved Lot A

    1.84 miles

  • Riverfront Park (South Lot)

    1.89 miles

  • Visitor Parking

    1.91 miles

  • Motel 6

    0.71 miles

  • Traveler's Inn

    0.73 miles

  • Holiday Inn

    1.21 miles

  • Shilo Inn and Suites

    1.26 miles

  • DoubleTree

    1.38 miles

  • Capital Inn & Suites

    1.40 miles

  • Motel 6 Salem

    1.41 miles

  • Holiday Lodge Motel

    1.46 miles

  • Days Inn Black Bear

    1.51 miles

  • Knights Inn

    1.63 miles

  • Cash & Carry

    0.68 miles

  • Fred Meyer

    0.94 miles

  • A Dong Market

    1.02 miles

  • Grocery Outlet

    1.22 miles

  • Safeway

    1.35 miles

  • Kohl's

    1.44 miles

  • Macy's

    1.44 miles

  • Walmart Supercenter

    1.45 miles

  • Food 4 Less

    1.45 miles

  • Salem Center (North)

    1.47 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Alex Rhoten

Coldwell Banker Commercial Mountain West Real Estate

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