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    1890 NE Capitol St Salem, OR 97301

    For Sale
    $799,000

    COMMERCIAL - Salem, OR

    Days on Market:
    11
    Last Refresh:
    Dec 13 at 4:06 pm

    Property Features for 1890 NE Capitol St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    Not Found

    Keller Williams Realty Southern Oregon Umpqua Valley (541) 529-2320 [email protected]

    Listing agent Peter White (541) 608-0447

    Listing date Dec 3, 2025

    Copyright © 2025 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Salem Cannabis Retail Opportunity

    This is a fully-established and highly profitable cannabis retail operation, complete with the underlying real estate. The property is strategically located just moments from the Oregon State Fair & Expo Center, benefiting from a stream of high traffic. The 0.15-acre lot provides ample parking. The asset includes stand-alone signage rights, offering brand visibility from the main road. Located in Salem's bustling hub, it is positioned to serve the vibrant local community and the thousands of visitors drawn to the Expo Center year-round. The business boasts a loyal and vibrant local following. The brand is recognized and trusted in the community. The sale includes all necessary fixtures, furniture, and equipment (FF&E), and is compliant and ready for a seamless transition. This property presents a turnkey enterprise positioned to capitalize on the demand of the Oregon market.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Capitol Green Leaf Cannabis Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Heath Florist Salem, Flower Power Oregon, Green Thumb Flower Box Florists

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Marion
    State
    Oregon
    Longitude
    -123.020207
    Latitude
    44.954348

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    FAQs

    What type of property is this?
    Storefront property - Turnkey cannabis retail operation with real estate in Salem, Oregon.
    Where is this storefront property located?
    The property is located at 1890 NE Capitol St Salem, OR.
    What is the asking price?
    The asking price for this property is $799,000.
    What are key features of this property?
    This property features: - Turnkey cannabis retail operation with real estate included.; - High-traffic location near the Oregon State Fair & Expo Center.; - Abundant parking.
    (541) 608-0447
    Request Owner's contact information
    1890 NE Capitol St Salem, OR 97301
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    Salem, OR 97301
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1890 NE Capitol St Salem, OR 97301
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