2370 Fairgrounds Rd NE

For Sale

2370 Fairgrounds Rd NE, Salem, OR 97301

Three contiguous tax lots totaling 0.28 acres of commercially-zoned MU-I land in Northeast Salem, improved with two buildings comprising 5,272 square feet. The primary Building at 2380 Fairgrounds Rd NE (4,408 SF, built 1940) is a multi-use building housing three residential apartments and one commercial tenant. The secondary building at 2370 Fairgrounds Rd NE (864 SF, built 1940) is occupied by a commercial tenant. A third parcel at the 1300 block of Smith St NE provides 3,568 SF of supporting site land and parking. All five units are currently occupied.

The property is in the City of Salem’s North Gateway Urban Renewal Area and may qualify for the North Gateway Rehabilitation Grant Program which offers a matching grant for improvements.

 

Building Details

  • For Sale $815,000
  • Property Type Office
  • Property Size 5,272 SF
  • Lot Size 0.2 Acre
  • Cap Rate % 6
  • Additional Rent Price on request
  • Date Updated Jul 24, 2026
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Contacts

Conrad Venti

First Commercial Real Estate

Location

  • City Salem, OR
  • Neighborhood Higland
  • Zip Code 97301
  • Market Eugene
  • Walk score 78/100 Very Walkable
  • Transit score 41/100 Some Transit
  • Bike score 88/100 Very Bikeable
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Points of Interest

Salem

1.95 miles

Brooks Historical Society Depot

6.70 miles

Hopmere Station

6.79 miles

76

0.58 miles

Blink

0.75 miles

ChargePoint

0.86 miles

Shell

0.96 miles

Arco

1.06 miles

Pulse

1.06 miles

Pacific Pride

1.33 miles

Petrol Express

1.48 miles

Electrify America

1.57 miles

Fred Meyer Fuel

1.58 miles

Market Street Park and Ride

1.26 miles

Green Lot - Dept of Admin Services

1.28 miles

Marion Parkade

1.38 miles

WalMart North Park and Ride

1.58 miles

Chemeketa Parkade

1.60 miles

Riverfront Park (North Lot)

1.68 miles

Liberty Square Parkade

1.79 miles

Reserved Lot A

1.83 miles

Riverfront Park (South Lot)

1.88 miles

Visitor Parking

1.90 miles

Power Kia

1.47 miles

Soap 'n' Suds

1.59 miles

Magic Touch

1.67 miles

Washman

1.67 miles

Blue Elephant

1.91 miles

John's Car Wash

2.43 miles

Enterprise

2.47 miles

Car'l B Klean Self Serve

2.53 miles

Roberson's Car Wash

2.85 miles

Big Red Car Wash

3.13 miles

Kuong Chan's

0.05 miles

Daynight Donuts

0.09 miles

Tony's Taco Shop

0.65 miles

Teriyaki Bento

0.65 miles

Slangers

0.79 miles

Breakfast & Burgers

0.80 miles

China Gourmet

0.84 miles

Don Froylan Creamery

0.85 miles

Better Than Mamma's

0.85 miles

Casa Rojas Mexican Restaurant

0.85 miles

Cash & Carry

0.69 miles

Fred Meyer

0.93 miles

A Dong Market

1.03 miles

Grocery Outlet

1.21 miles

Safeway

1.34 miles

Kohl's

1.43 miles

Macy's

1.43 miles

Salem Center (North)

1.46 miles

Walmart Supercenter

1.46 miles

Food 4 Less

1.46 miles

Walgreens

0.16 miles

Salem Clinic

0.29 miles

Salem fire station #2

0.43 miles

Salem Free Clinics

0.84 miles

Passport Health Salem Travel Clinic

1.11 miles

Salem Police Department

1.28 miles

Safeway

1.32 miles

Planned Parenthood

1.48 miles

Walmart Pharmacy

1.49 miles

Bi-Mart

1.53 miles

Listing Summary

  • What is the asking price at 2370 Fairgrounds Rd NE?

    2370 Fairgrounds Rd NE is currently listed for sale at Price on request.

  • What is the total size of 2370 Fairgrounds Rd NE?

    2370 Fairgrounds Rd NE has a total of 5,272 square feet.

Contact Conrad Venti
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