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    Salem, OR
    Fitness & Gym

    Salem, OR Fitness Centers & Gyms for Sale

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    Keizer, OR Turner, OR Brooks, OR Aumsville, OR Jefferson, OR Independence, OR Silverton, OR Rickreall, OR
    Former Cinebarre Theater Redevelopment
    Updated: Jun 3
    Former Cinebarre Theater Redevelopment

    501 Marion St NE, Salem, OR 97301

    $3,950,000
    37,152 sqft
    Approximately 37,152 SF former Cinebarre theater on its own parcel in downtown Salem
    Built in 1988 and previously operated as a luxury dine‑in movie theater
    Seven auditoriums plus expansive lobby areas, offering large interior spaces for redevelopment or reuse
    Existing commercial kitchen infrastructure and bar areas support a range of future concepts
    Located on the corner of Marion Street and High Street with prominent frontage and direct access to downtown core
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    See what stands out in Marion County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    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.

    Single-Tenant NNN Fitness Facility
    Single-Tenant NNN Fitness Facility

    13019 NE Fourth Plain Boulevard, Vancouver, WA 98682

    Contact for pricing
    45,000 sqft

    NNN-leased Class A fitness center with corporate-guaranteed tenancy and landlord-limited responsibilities tied to major building components.

    View details
    Corner Fitness Center Building
    Corner Fitness Center Building

    11702 NE HALSEY St, Portland, OR 97220

    $1,100,000
    4,766 sqft 0.59 AC lot

    CM1-zoned facility with open areas, showers, lockers, storage, and multiple access points.

    View details
    Three-Story Athletic Club
    Three-Story Athletic Club

    7703 NE 72nd Ave, Vancouver, WA 98661

    Contact for pricing
    198,625 sqft

    Elevator access serves a broad recreation complex with pools, courts, studios, and banquet facilities.

    View details
    Established Dance Studio Building
    Established Dance Studio Building

    7950 SE MILWAUKIE, Portland, OR 97202

    $1,875,000
    5,800 sqft 0.20 AC lot

    Well-maintained building with quality ballet studio flooring.

    View details

    Salem, OR Fitness Centers & Gyms Market Trends and Statistics

    Explore 1 fitness centers & gyms for sale in Salem, OR on our real estate platform. These investment opportunities span a total of 37,152 square feet of properties for sale, with an estimated market value of $3,950,000.

    Sale prices for gym buildings in Salem, OR average $3,950,000 — 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

    Fitness centers & gyms 4
    Theaters & concert halls 4

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

    Identify Salem submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    97301 $4M

    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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    Popular Searches in Salem, OR

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    Most Searched ZIP Codes in Salem, OR

    • 97301

    Featured Salem Real Estate Agencies

    Realmo connects you with licensed Salem CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Prudential Real Estate Professionals
    1220 20th Street SE Salem, OR 97302
    Phone: 15033713013
    www.PrudentialHomeFinder.com
    Blum Real Estate
    735 Commercial St SE Salem, OR 97301
    Phone: 15034851900
    www.blumre.com

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