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26033 Salmon River Hwy (OR-18) Willamina OR 26033 OR-18 3,000 SF Retail Building Willamina, OR 97396 $970,000 ($323.33/SF)



Executive Summary
Exceptional real estate opportunity at 26033 Salmon River Hwy in Willamina, OR. Just 2 minutes from Spirit Mountain Casino! This property currently houses a cannabis business leasing the space for $61,800/NNN/YR, strong rental income potential with annual escalations. Located just off OR-18 with excellent visibility and access. On site septic tank with 1,500 gallon capacity. The original structure was constructed in 1952 and consisted of 1,742 SF. In 2019 there was an addition to the property bringing the total size to 3,000 SF. This property is being sold as real estate only (business not included) and there is also access to Salmon River.
Owner willing to carry with 25% down. Adjacent property is also listed for sale consisting of an additional 1.61 acres for sale at $400,000 TL #284398
Don't miss this prime income-producing property. Please do not disturb the business. Direct all inquiries to the listing brokers.
Owner willing to carry with 25% down. Adjacent property is also listed for sale consisting of an additional 1.61 acres for sale at $400,000 TL #284398
Don't miss this prime income-producing property. Please do not disturb the business. Direct all inquiries to the listing brokers.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,000 SF
Building Class
C
Year Built/Renovated
1952/2019
Price
$970,000
Price Per SF
$323.33
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.87 AC
Zoning
NPC-C - Allows for a variety of uses
Parking
17 Spaces (5.67 Spaces per 1,000 SF Leased)
Frontage
71’ on Salmon River Highway
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 284400 | Improvements Assessment | $94,630 |
| Land Assessment | $39,630 | Total Assessment | $134,260 |
Property Taxes
Parcel Number
284400
Land Assessment
$39,630
Improvements Assessment
$94,630
Total Assessment
$134,260
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26033 Salmon River Hwy (OR-18) Willamina OR | 26033 OR-18
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