1695 Fairgrounds Rd NE, Salem, OR 97301

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.