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2320 Fairgrounds Rd NE 3,123 SF Retail Building Salem, OR 97301 $485,000 ($155.30/SF)
Executive Summary
Single-story retail/automotive parts building occupied by Baxter Auto Parts. Lease expired; tenant in holdover. Located on Fairgrounds Road NE near Oregon State
Fairgrounds. Suitable for owner-user or net-leased investment. Within North Gateway Urban Renewal Area.
Fairgrounds. Suitable for owner-user or net-leased investment. Within North Gateway Urban Renewal Area.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,123 SF
Building Class
C
Year Built
1920
Price
$485,000
Price Per SF
$155.30
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
0.28 AC
Opportunity Zone
Yes
Zoning
MU-I
Parking
8 Spaces (2.56 Spaces per 1,000 SF Leased)
Frontage
102’ on Fairgrounds Rd
Amenities
- Bus Line
- Pylon Sign
- Signage
Fairly walkable
50/100
Moderately drivable
70/100
Some public transit
40/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 582474 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $171,140 |
Property Taxes
Parcel Number
582474
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$171,140
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