2390 Fairgrounds Rd NE

For Sale

2390 Fairgrounds Rd NE, Salem, OR 97301

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.

Building Details

  • For Sale $700,000
  • Property Type Other
  • Property Size 4,068 SF
  • Lot Size 0.36 Acre
  • Additional Rent Price on request
  • Year Built 1928
  • Year Renovated 2020
  • Date Updated Oct 26, 2026
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Reach out to the broker for more info on lease terms and amenities

Contacts

Alex Rhoten

Coldwell Banker Commercial Mountain West Real Estate

Kelsi Sands

Coldwell Banker Commercial Mountain West Real Estate

Location

  • City Salem, OR
  • Neighborhood Higland
  • Zip Code 97301
  • Market Eugene
  • Walk score 74/100 Very Walkable
  • Transit score 41/100 Some Transit
  • Bike score 88/100 Very Bikeable
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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

0.95 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

1.28 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

Power Kia

1.46 miles

Soap 'n' Suds

1.59 miles

Magic Touch

1.66 miles

Washman

1.66 miles

Blue Elephant

1.92 miles

John's Car Wash

2.44 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

3.14 miles

Kuong Chan's

0.06 miles

Daynight Donuts

0.09 miles

Tony's Taco Shop

0.66 miles

Teriyaki Bento

0.66 miles

Breakfast & Burgers

0.79 miles

Slangers

0.80 miles

Don Froylan Creamery

0.84 miles

China Gourmet

0.85 miles

Better Than Mamma's

0.86 miles

Casa Rojas Mexican Restaurant

0.86 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

Walgreens

0.17 miles

Salem Clinic

0.30 miles

Salem fire station #2

0.44 miles

Salem Free Clinics

0.85 miles

Passport Health Salem Travel Clinic

1.11 miles

Salem Police Department

1.29 miles

Safeway

1.33 miles

Planned Parenthood

1.47 miles

Walmart Pharmacy

1.48 miles

Bi-Mart

1.52 miles

Listing Summary

  • Property Financials

    2390 Fairgrounds Rd NE is currently listed for sale at $700,000 for a price per square foot of $172.07.

  • Property Details

    2390 Fairgrounds Rd NE totals 4,068 square feet of Mixed Use space on a lot spanning 0.36 acres. The property was initially built in 1928, being last renovated in 2020.

  • Area Characteristics

    2390 Fairgrounds Rd NE is located in the Higland neighborhood.

    In terms of ease of commuting, the area has a walk score of 74, indicating that it is very walkable.

Contact 2390 Fairgrounds Rd NE
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