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Listed by SMI Commercial Real Estate LLC
$ 970,000
Est. payment | /mo
3,000 SqFt
$ 970,000
Est. payment | /mo
3,000 SqFt
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $323
MLS Listing ID 400894790
Year Built 1952
Annual Tax Amount $1,608
Tax Year 2025
Lot Size 0.950 Acres
Property Sub-Type Commercial
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 property 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. Direct all inquiries to the listing brokers.
Location
State OR
County Polk
Area _167
Zoning NPC-C
Interior
Heating Other
Cooling Other
Exterior
Roof Type Other
Garage No
Building
Story 1
Sewer Septic Tank
Water Other
Level or Stories 1
Others
Acceptable Financing Cash, Contract
Listing Terms Cash, Contract
Nearby Locations
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Mitch Foteff
Partner | Lic# 25036270 | 201106062