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    Salem, OR
    Conventional Restaurant

    Salem, OR Conventional Restaurants for Sale

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    Keizer, OR Turner, OR Rickreall, OR Aumsville, OR Jefferson, OR Independence, OR Brooks, OR Silverton, OR
    Single-Tenant NNN Dairy Queen
    Updated: Apr 3
    Single-Tenant NNN Dairy Queen

    398 Lancaster Dr NE, Salem, OR 97301

    $1,745,000
    2,409 sqft 0.54 AC lot
    2,409 SF single‑tenant Dairy Queen on a long‑term absolute NNN lease
    20‑year lease expires 3/31/2037 with approx. 11.6 years remaining; tenant also has two 10‑year extension options
    Lease rent is $8,068.58/month ($3.35/SF) on an absolute NNN structure
    Deferred rent of $620.66/month is paid over 24 months from 3/1/2025 through 2/28/2027
    Rent increases 10% every 5 years; next increase on 4/1/2027 to $8,192.71/month
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Salem, OR, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Turnkey Restaurant and Brewery
    Turnkey Restaurant and Brewery

    644 S Main St, Lebanon, OR 97355

    $515,000
    2,555 sqft 0.09 AC lot

    Turnkey full-service restaurant and brewery layout with covered outdoor seating, bar, kitchen, and 3-barrel brewing system.

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    Historic Theater Restaurant & Brewery
    Historic Theater Restaurant & Brewery

    644 S Main St, Lebanon, OR 97355

    $515,000

    Turn-key full-service restaurant and brewery setup with an on-site bar, kitchen, and complete brewing and canning system.

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    Restaurant with Residential Income Potential
    Restaurant with Residential Income Potential

    325 NW 2nd St, Corvallis, OR

    $1,400,000
    6,940 sqft 0.12 AC lot

    Established restaurant with six apartments for storage or residential use.

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    Ground-Leased Quick Service Restaurant
    Ground-Leased Quick Service Restaurant

    300 NW 3rd St, Corvallis, OR 97330

    Contact for pricing

    McDonald’s ground lease with 3 years remaining and a single 5-year extension option on an absolute net basis.

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    Salem, OR Conventional Restaurants Market Trends and Statistics

    Explore 1 conventional restaurants for sale in Salem, OR on our real estate platform. These investment opportunities span a total of 2,409 square feet of properties for sale, with an estimated market value of $1,745,000.

    Sale prices for conventional restaurants in Salem, OR start at $1,745,000, averaging $1,745,000, and reaching up to $1,745,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Drive through restaurants 11
    Conventional restaurants 4
    Bars & Pubs 2

    Demographics Overview

    Population 279K
    Population Growth (5Y) +5.0%
    Median Household Income $76,436
    College Educated 19.3%

    Taxes & Financing

    Tax Rate (average for all types) 1.85%
    Property Tax per SF $20.84 per SF
    Tax Rate vs County Average 0.05 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Marion County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Marion County

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Salem fall within the 100,000+ square foot range.

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