Prime existing use or re-development opportunity located on the Center St corridor just a mile from downtown. Easy access to I-5 via Market St exit and 1/4 mile West of Lancaster Drive. Property is zoned RM2 & sits across fromthe State Hospital & a new housing/apartment development. Over 19,500+ cars are estimated to pass this site daily, based on City of Salem traffic studies from 2022-23. Current lessor/part owner plans to Vacate prior to close date. Perfect owner-user opportunity! Buyer due diligence.
Prime existing use or re-development opportunity located on the Center St corridor just a mile from downtown. Easy access to I-5 via Market St exit and 1/4 mile West of Lancaster Drive. Property is zoned RM2 & sits across from the State Hospital & a new housing/apartment development. Over 19,500+ cars are estimated to pass this site daily, based on City of Salem traffic studies from 2022-23. Current lessor/part owner plans to Vacate prior to close date. Perfect owner-user opportunity! Buyer due diligence.
A Bumpable Offer has Been Accepted. Prime S Salem Location at the corner of Commercial & Washington: 2-story home-to-office conversion w/ studio basement apartment w/ own access. Updates include interior/exterior paint, landscaping, flooring, lighting, plumbing, & electrical. New 7-space parking lot w/ ADA entrance. The main level features a reception area, conference rm, new ADA restroom & potential for additional offices/workstations. The 2nd level boasts 3 more offices, restroom & ample storage space. Perfect for owner-user or multi-users! Square Footage Breakdown:First Floor: 1103 SFSecond Floor: 688 SFLower Level (Studio Apartment): 963 SF
See marketing brochure attached for property details See marketing brochure attached for property details
Here is your chance to own and operate a profitable, established, and iconic downtown Salem restaurant in a prime location.Sisters Irish Bistro is a turnkey food & beverage business opportunity located next to the historic Elsinore Theatre. The business has been in operation for over 10 years, with a devout local following and sterling reputation. This business opportunity includes all furniture, fixtures, & equipment, as well as all proprietary recipes. Flexible landlord can write a new lease to facilitate either a continuation of the current model, or a new restaurant vision.There is an active OLCC license to serve beer and liquor; the new owner can apply for licensure alongside the business name to remain in compliance. The business is listed on Uber Eats, Grubhub and DoorDash, which add around $30,000 in additional revenue annually.
Business Opportunity Only - No Real Estate involved. Established restaurant with over 90 seats. High ceiling in very spacious commercial kitchen. 2 walk-in coolers & 1 walk-in freezer. On busy street with ample on-site parking. Full service bar w/ 6 poker machines. Please DO NOT disturb business nor talk with employees. To be shown by appt only.
Great Upside Potential. Investment or Owner/User. Potential for church or non profit? Unique rural location just off of 99E in the Brooks area. Just over an acre of land with private parking and room to grow. This site ensures plenty of space, lobby area, multiple private offices, storage kitchen/break-room, large multi-use reception or media room or reconfigure as needed. Addition on North end added in 2020. Previously occupied and registered through Marion county as a religious organization. Tax exemption goes through the end of the tax current (July 2024) tax year. Contact Marion County Tax Assessors Office for details and more info. Also available for Lease. List agent related to seller.
Great Upside Potential. Investment or Owner/User. Potential for church or non profit? Unique rural location just off of 99E in the Brooks area. Just over an acre of land with private parking and room to grow. This site ensures plenty of space, lobby area, multiple private offices, storage kitchen/break-room, large multi-use reception or media room or reconfigure as needed. Addition on North end added in 2020. Previously occupied and registered through Marion county as a religious organization. Tax exemption goes through the end of the tax current (July 2024) tax year. Contact Marion County Tax Assessors Office for details and more info. Also available for Lease. List agent related to seller.
Distinctive refurbishing of a stately Craftsman. Elevated 195sf front porch gives way to 5 bdx2 ba filled with light. Updated kitchen w/custom cab & ample storage. Upgrades: Roof ('20), water heater ('20), sewer ('22), kitchen ('20), gas furnace ('23), foundation ('24). Mixed use zoning suggests suitability for offices. Fenced, corner lot. Off street parking. Very close to Willamette Univ., state office, capitol, downtown. Very large basement. At C.O.E. seller to provide 1 yr warranty. Also see MLS 813839.
Highline Motors is a profitable, turnkey pre-owned auto dealership in desirable North Lancaster Business Park. The business was built from scratch and has been in operation for over 6 years with a stellar online reputation and optimized SEO presence. The structure of the business is brilliantly designed for minimal tax exposure. Currently, the business uses consignment flooring for vehicle inventory - the flooring credit limit is unique to owner and depends on their qualifications. Customers can use CUDL (credit union direct lending) to connect with a network of credit unions for financing. This creates cash incentives for the dealership, which add around $40,000 / year to the bottom line. CUDL membership is also unique to the owner, but qualifying is not difficult. The sale includes all owned inventory, branding, lease takeover, and all office materials. Flexible landlord - additional option periods and re-write will be unique to buyer. The leased building is a 40â?? X 100â?? warehouse on slab with two roll-up doors, new visqueen insulation, a full office & lobby area with two restrooms, and an upstairs loft & storage area. Attractive seller-carried financing available.
3,572 sq ft. Aircraft Hanger built in 1991 with two bi fold doors located at front and back for easy access great location at Salem Airport with paved access to runways. Sale is subject to land lease with the City of Salem. Buyer to do own due diligence. Listing Agent related to seller.
Prime redevelopment opportunity in West Salem with owner carry option! Potential for a variety of uses, including multi-family housing, apartments, office space, retail shops, cafes & restaurants. 3 contiguous parcels totaling around .60 acres. Located within the W. Salem Central Business is already zoned for commercial & mixed-use developments. Existing structures (residential homes, a pole building) could either be leveraged in the redevel plans or potentially cleared for a fresh start. See also 812911.
Centrally located yard off of Portland Rd and only 1.3 miles from I5. Thisproperty is zoned commercial general which allows a wide variety ofcommercial uses, including the sale of commodities, performance ofservices, repair facilities, motor vehicle sales and services, offices, andgeneral wholesaling. Seller is willing to consider seller financing terms, or lease terms.
Accepted Offer with Contingencies. Downtown office building available. Priced well below replacement cost. Close to State of Oregon offices.
Level 1 and 2 environmental studies have been performed, with no results requiring any further level 3 action. Test results are available up on request to prospective investors providing confidence this property is ready for future development and easily tailored to their needs. It's convenient central location is mid way between Portland and Eugene off the MLK parkway, one of the few major arteries linking Interstate 5 and the Oregon coast. This highly visible side street site not only makes for safe truck access to major thru fares quick and easy, but parallels a railroad spur line to a switch yard offering expanded transportation options. One of the most attractive highlights this property boasts is it's acre's clear level ground with mix of both heavily packed gravel and asphalt pavement. This accommodates either heavy truck traffic or storage, or a sound base for further development. This vast space can be used to fill the local needs of semi truck, RV and boat, or individual storage unit needs. The existing structures can benefit either and or industrial or leased shop space, in conjunction with countless uses of it's open space. Adjacent to one of the paved portions of the property, a truck washing station provides an environmentally friendly oil and water separator. This level concrete station also provides a partitioned off center island once used for above ground fueling needs. The main shop provides a secure tool room, office space, and separate bathrooms. It's direct view from the main entrance makes it ideal for either retail repair or truck maintenance, and is currently equipped with an automotive lift. It's access to 3 phase power accommodates both heavy industrial needs or a prime location for a fabrication shop. The main office is separated by a brick court yard matching it's front entrance and parking area. The rear structure offers offers a high ceiling allow both truck and equipment access. Originally set up as two separate shops the main shop is equipped with a bathroom, office space, and upstairs storage and separate room. The secondary shop has been divided into a third shop space. An adjacent older mobile home has been used used as parts storage and fits the need perfectly. It should be noted all buildings are in usable shape, but should be considered in variable states of disrepair. Overall this property offers an excellent financial opportunity due to its strategic location, co
Level 1 and 2 environmental studies have been performed, with no results requiring any further level 3 action. Test results are available up on request to prospective investors providing confidence this property is ready for future development and easily tailored to their needs. It's convenient central location is mid way between Portland and Eugene off the MLK parkway, one of the few major arteries linking Interstate 5 and the Oregon coast. This highly visible side street site not only makes for safe truck access to major thru fares quick and easy, but parallels a railroad spur line to a switch yard offering expanded transportation options. One of the most attractive highlights this property boasts is it's acre's clear level ground with mix of both heavily packed gravel and asphalt pavement. This accommodates either heavy truck traffic or storage, or a sound base for further development. This vast space can be used to fill the local needs of semi truck, RV and boat, or individual storage unit needs. The existing structures can benefit either and or industrial or leased shop space, in conjunction with countless uses of it's open space. Adjacent to one of the paved portions of the property, a truck washing station provides an environmentally friendly oil and water separator. This level concrete station also provides a partitioned off center island once used for above ground fueling needs. The main shop provides a secure tool room, office space, and separate bathrooms. It's direct view from the main entrance makes it ideal for either retail repair or truck maintenance, and is currently equipped with an automotive lift. It's access to 3 phase power accommodates both heavy industrial needs or a prime location for a fabrication shop. The main office is separated by a brick court yard matching it's front entrance and parking area. The rear structure offers offers a high ceiling allow both truck and equipment access.
Owner occupant or investment opportunity. 18,535 SF building on the Liberty/Commercial Corridor. Building can have single or multiple tenants. See marketing brochure for additional information.
Commercial IG zoned prop for sale with multiple income streams, includes an industrial building, detached office & several residential units. The industrial building is equipped with forced air furnace, 3 phase electrical & piped for air. Office with mini spilt & bath. Fully fenced with rolling gate. Adjacent is .21 acre paved lot with transfer loading dock. Also includes a duplex & house. Current rents $8000+. Great opportunity for an investor or owner occupy. Shown by appointment. Do not disturb tenants. Owner will consider carrying contract. Lease potential as well.
Commercial IG zoned property for sale w/multiple income streams, includes an industrial, detached office & several residential units. Industrial building is equipped w/forced air furnace. 3 phase electrical & piped for air. Office w/mini split & bath. Fully fenced w/rolling gate. Adjacent is .21 acre paved lot w/ transfer loading dock. Also includes a duplex & house.Current rents $8000+.Great opportunity for investor or owner occupy. Owner will consider carrying contract. Lease potential as well. Appt only.
Historical Iconic Macleay Country Inn Restaurant & Macleay country Store! Includes an assemblage of seven Tax Lot's and restaurant business. Also includes residential house & flat buildable 2.12ac parcel directly behind the restaurant with a well. Business opportunities are endless! Zoning is Community Commercial & RA. Buyer to do their own diligence for various uses but so many possibilities Bldg SF Coml bldg approx 6,039 +/- SF. Restaurant - aprox 3,987, Store aprox 2052. See WVMLS# 795967, 796098, 796099 See marketing brochure for property detials
Property is currently vacant. Property has long history of high volume vehicle sales. Property completely fenced with video security. Great exposure with high volume traffic flow. Easy access with two entrances. Paved asphalt yard. Waiting room with 2 offices and 1 bathroom. Property is also listed for lease.
Prime redevelopment opportunity in West Salem! Potential for a variety of uses, including multi-family housing, apartments, office space, retail shops, cafes & restaurants. Five contiguous parcels totaling around 1.25 acres (including the current alley). Located within the West Salem Central Business is already zoned for commercial & mixed-use developments. Existing structures (residential homes, a pole building & a mini storage business) could either be leveraged in the redevelopment plans or potentially cleared for a fresh start. Current rents being below market value indicates a potential for increased revenue.
Investor/Owner User office complex for sale. Currently buildings are fully leased, however suite 408, which is a dental building will be vacant as of May 1, 2023. This complex would be a great location for a medical or dental buyer to use as their own clinic while having income from the other two buildings. Suite 410 and 412 have recently been remodeled and include updated interiors, new roofs and HVAC. Call for more information.
Rare Opportunity To Own Licensed Turnkey Grow Operation! No lease; All real estate included - - building, land and business. All indoor hydro with 5,000 SF currently producing 100 lb p/mo. Room to expand and double production, all new HVAC, AC and electrical, and drainage - - Four 20-ton AC units and 3000 amps upgrade. Fully insulated and full security. OLCC Tier II Producer license transferable. Add'l retail license an option. Zoned Industrial within city limits.
Historical Iconic Macleay Country Inn Restaurant & Macleay country Store! Includes an assemblage of seven Tax Lot's & restaurant business. Also includes residential house & flat buildable 2.12AC parcel directly behind the restaurant with a well. Business opportunities are endless! Zoning is Community Commercial & RA. Buyer to do their own diligence for various uses but so many possibilities Bldg SF Coml bldg approx 6,039 +/- SF. Restaurant - aprox 3,987, Store aprox 2052. See WVMLS# 796098, 812702, 795967.
The median home value in Salem, OR is $429,000. This is higher than the county median home value of $411,100. The national median home value is $338,100. The average price of homes sold in Salem, OR is $429,000. Approximately 51.91% of Salem homes are owned, compared to 42.65% rented, while 5.44% are vacant. Salem real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Salem real estate agent to arrange a tour today!
Salem, Oregon has a population of 174,193. Salem is more family-centric than the surrounding county with 31.31% of the households containing married families with children. The county average for households married with children is 31.19%.
The median household income in Salem, Oregon is $62,185. The median household income for the surrounding county is $64,880 compared to the national median of $69,021. The median age of people living in Salem is 35.7 years.
The average high temperature in July is 81.1 degrees, with an average low temperature in January of 34.8 degrees. The average rainfall is approximately 44.9 inches per year, with 3.9 inches of snow per year.