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8362 Macleay Rd Salem, OR 97317

Sponsored
For Sale
$950,000

Historic Inn, Store, & Land - Endless Potential

Property size:
7,279 SF

Description

Added:
Feb 3, 2025
Days on Market:
338
This exceptional Salem, Oregon property presents a unique investment opportunity encompassing a historic landmark: the Macleay Country Inn and Store. Situated on a substantial 3.69-acre lot, this assemblage includes seven tax lots, offering significant flexibility and potential for expansion. The main commercial building totals approximately 6,039 square feet, comprising a restaurant (roughly 3,987 sq ft) and a store (approximately 2,052 sq ft). The property's rich history and established business operations provide a strong foundation for continued success. Beyond the existing commercial structures, a separate residential house is included, adding further value and potential rental income. A significant advantage is the inclusion of a 2.12-acre buildable parcel directly behind the restaurant, complete with a well. This additional land presents numerous development possibilities, from expanding the existing businesses to creating new ventures. The property is zoned Community Commercial and RA, allowing for a variety of uses subject to buyer due diligence. The asking price is $950,000. This is a rare chance to acquire a well-established business with substantial land and significant upside potential in a desirable Salem location. The property's size, existing infrastructure, and zoning flexibility make it an ideal investment for entrepreneurs and developers seeking a unique and profitable venture. All square footages are approximate and should be verified independently.

Property Features for 8362 Macleay Rd

General Information

Property type
Other commercial real estate
Square Feet
7,279 SF
Lot Size
160,736 SF

Building Details

Year Built
1901

Property Profile Location Intelligence

Current Use by Public Records

MacLeay Country Inn Restaurant

Suggested Use

Restaurant Clothing Store Accounting Firm Department Store Convenience Store Pet Store Catering Service

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Salem
County
Marion
State
Oregon
Longitude
-122.8903
Latitude
44.90746

FAQs

What type of property is this?
Commercial real estate - Historic Inn, Store, & Land - Endless Potential
Where is this commercial real estate located?
The property is located at 8362 Macleay Rd Salem, OR.
What is the asking price?
The asking price for this property is $950,000.
More about this property
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