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1695 Fairgrounds Rd Salem, OR 97301

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For Sale
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Prime Salem retail space, multiple units.

Property size:
5,000 SF

Property Features for 1695 Fairgrounds Rd

General Information

Property type
Retail space
Square Feet
5,000 SF
Class
C

Building Details

Year Built
1948
Units
3

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Listing Contact
Ian Levin
Ian Levin

Listing Agency: Nathan Levin Co Listing Agent: Ian Levin

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional 5,000 square foot retail storefront, located at 1695 Fairgrounds Rd NE in Salem, Oregon, presents a unique investment opportunity. Built in 1948, this Class C property boasts three separate units, offering flexibility for various retail uses. The building features prominent frontage on Fairgrounds Road in a popular north Salem neighborhood, ensuring high visibility and accessibility. The net rentable area totals 3,500 square feet, providing ample space for tenants. The property is zoned CG and is offered at an asking price of $990,000. A triple net (NNN) lease structure is in place, making this a low-maintenance investment. The property's history as the Old Tucker Automotive Dealership adds to its character and potential appeal. Flexible contract sale terms are available, making this an attractive option for discerning investors. This is a rare chance to acquire a well-located, established retail property in a thriving Oregon market. The property's size and multiple unit configuration provide a strong foundation for long-term rental income and potential appreciation. Don't miss this chance to own a piece of Salem's history and secure a profitable retail investment. The zip code is 97301, and the property is situated in Marion County.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

Location Insight

  • Map
  • Local Demand
City
Salem
County
Marion
State
Oregon
Longitude
-123.0250147
Latitude
44.9540751

FAQs

What type of property is this?
Retail space - Prime Salem retail space, multiple units.
Where is this retail space located?
The property is located at 1695 Fairgrounds Rd Salem, OR.
What is the asking price?
The asking price for this property is $990,000.
What are key features of this property?
This property features: Flexible contract terms available.; Multiple suites available for lease.; Excellent location in desirable North Salem neighborhood.
(971) 707-4590 Call to check price and availability
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