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Listed by RYAN BRUSH • SMI REAL ESTATE • 503-559-1444
$ 970,000
Est. payment /mo
Active
26033 Salmon River Hwy Willamina, OR 97396
3,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $323
MLS Listing ID 840511
Year Built 1952
Annual Tax Amount $1,545
Tax Year 2024
Lot Size 0.870 Acres
Acres 0.87
Property Sub-Type Retail
Property Description
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 lot is also listed for sale consisting of an additional 1.61 acres for sale at $400,000 TL #284398Don't miss this prime income-producing property. Please do not disturb the business.
Location
State OR
County Polk
Area 95 Polk County
Building
New Construction No
Others
Acceptable Financing Cash, Land Sales Contract
Listing Terms Cash, Land Sales Contract
Nearby Locations
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