Technical
Financial
Distress signals
Property profile

8362 Macleay SE Rd Salem, OR 97317

OFF-MARKET
Bars & Pubs
Property ID
US71-0291817
0.06 ac lot
Trust Owned Free & Clear
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Property summary

AI-generated overview

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 profile

Verified
Property type Bars & Pubs
Use group NIGHTCLUB (COCKTAIL LOUNGE)
Lot 0.06 ac (2,614 SF)
Zoning code CC
APN 082W02AD00500
UPID US71-0291817

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

8362 Macleay SE Rd Salem, OR 97317-9038
Salem metro Census 2702 SALEM, OR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$85k

Owner & transaction history

since 2026
Last sale
$500,000
2 recorded transactions
2026
Price N/A
2025
$500,000

Zoning & alternative use

CC · Salem, OR

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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