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1695 NE Fairgrounds Rd
Salem, OR 97301
Retail Property For Sale
Investment Highlights
- Cash flowing dispensary business included
- Street frontage with high exposure
- New roof
Property Facts
Property Type
Retail
Property Subtype
Building Size
5,000 SF
Building Class
C
Year Built/Renovated
1948/2007
Percent Leased
25%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.88
Lot Size
0.13 AC
Zoning
CR
Parking
10 Spaces (2 Spaces per 1,000 SF Leased)
Frontage
121’ on Fairgrounds Rd
Amenities
- Bus Line
- Pylon Sign
- Signage
About 1695 NE FAIRGROUNDS RD , SALEM, OR 97301
Lots of history with this building in Salem. Today the building has been cleaned up to provide the necessities for multiple retail occupancts. Reefer Madness Cannabis Dispensary currently operates in the 1000+/- SF suite at the south end, leaving the north retail space and storage area for a second tenant. The building has a barrel roof with bow string trusses making it a clear span envelope. The north retail floor has been remodeled with new lighting, paint, and display counters that are included in the sale. The storage area has a 10'x 10' overhead door. Electrical service to the building is 3 phase.
Property Taxes
| Parcel Number | 584680 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $168,410 |
Property Taxes
Parcel Number
584680
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$168,410
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