26033 Salmon River Hwy Willamina, OR 97396

Building Details

Year Built

1952

Listing agency Smi Real Estate Show Phone

Listed by Ryan Brush Show Phone

Source Allprofessionalsre

Added: May 1 Updated: Jul 21 at 4:58PM Checked: Jul 22 at 5:38AM

Report an Issue

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Smi Real Estate

---

Investment Insights

Based on property information with market context.

This property is currently leased to a cannabis business and is being sold as real estate only (the business is not included). The original structure was built in 1952 at 1,742 SF, with an addition completed in 2019 bringing the total size to 3,000 SF. Site services include an on-site septic tank with a 1,500-gallon capacity.

Located just off OR-18 with excellent visibility and access, the property is reported to be approximately two minutes from Spirit Mountain Casino. There is also access to Salmon River. The current lease provides $61,800/NNN/YR, and the offering notes annual escalations.

The owner is willing to carry with 25% down. An adjacent lot is also listed for sale, adding 1.61 acres at $400,000 TL (No. 284398).

Key Highlights

• Real estate only sale at 26033 Salmon River Hwy (business not included)
• Building originally built in 1952; 2019 addition brings total size to 3,000 SF
• Current cannabis business lease listed at $61,800/NNN/yr with annual escalations

Property Analytics

Location Intelligence

Similar For Sale Nearby

• 

  $1,700,000

  8,362 SF

  Riverfront Event Estate with Residence

  Fourteen-acre estate on the Yamhill River with an event venue, residence, and multiple on-site accommodations.

  23090 YAMHILL RIVER RD, WILLAMINA, OR

  View Details
• 

  $4,200,000

  11,400 SF

  Grocery-Anchored Shopping Center

  Well-located retail center supporting an established grocery operation with reported $2.38M+ in annual gross sales.

  112 Northeast Main Street, Willamina, OR 97396

  View Details
• 

  $340,000

  Commercial Land with Highway Frontage

  Commercial land with existing automotive shop and highway frontage.

  452 Se Main St, Willamina, OR

  View Details
• 

  $295,000

  2,000 SF

  Willamina Commercial Building For Sale

  Stand-alone commercial building perfect for bakery or food production business.

  212 NE D St, Willamina, OR 97396

  View Details

FAQs

What type of property is this?

Cannabis property - Existing structure with a 2019 addition, plus on-site septic (1,500-gallon), offered as real estate only.

Where is this cannabis property located?

The property is located at 26033 Salmon River Hwy Willamina, OR.

What is the asking price?

The asking price for this property is $970,000.

What are key features of this property?

This property features: Real estate only sale at 26033 Salmon River Hwy (business not included); Building originally built in 1952; 2019 addition brings total size to 3,000 SF; Current cannabis business lease listed at $61,800/NNN/yr with annual escalations