26033 Salmon River Hwy, Willamina, OR 97396

Listing Courtesy of SMI REAL ESTATE. 503-559-1444

$970,000
3,000
SqFt

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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.

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Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.