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    8342-8362 Macleay Rd SE Salem, OR 97317

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    For Sale
    $950,000

    Long-standing restaurant, store, and home with seller financing available.

    Property size:
    6,039 SF
    Lot size:
    0.29 Acres

    Property Features for 8342-8362 Macleay Rd SE

    General Information

    Size
    6,039 SF
    Lot size
    0.29 Acres

    Source: Coldwell Banker Commercial - Mountain West | Salem Agent Shadya Jones

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Macleay Country Inn Restaurant For Sale

    The Macleay Country Inn restaurant, serving the community for over 50 years, is available for purchase. The property includes a commercial building and a rental home sharing a well, with 3 septic systems. The restaurant was built in 1976, the store in the 1900s, and the home in the 1800s. The commercial building features a metal roof. An abundance of parking is available. The sale includes the restaurant business, complete with 6 lottery machines. Restaurant financials are available with an executed non-disclosure agreement and proof of funds. The property, totaling 6039 square feet, is being sold in "As-is where is" condition. Buyer is responsible for all due diligence. Businesses are not closing. Seller financing is available.
    Location Intelligence

    Current Use by Public Records

    Conventional restaurants

    Suggested Use

    Restaurant Clothing Store Auto Repair Shop Accounting Firm Department Store Convenience Store Pet Grooming Service 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
    -122.890389
    Latitude
    44.907475

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    FAQs

    What type of property is this?
    Conventional restaurant - Long-standing restaurant, store, and home with seller financing available.
    Where is this conventional restaurant located?
    The property is located at 8342-8362 Macleay Rd SE Salem, OR.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: - Established Restaurant Business: Includes a restaurant with a 50+ year history serving the community.; - Seller Financing: Seller financing options are available.; - Income Potential: Features a commercial building and rental home, offering multiple income streams.
    (503) 884-6281
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8342-8362 Macleay Rd SE Salem, OR 97317
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