Neighborhood Pub with Covered
New
For Sale
$290,000
1897 12th St SE, Salem, OR 97302
Operating pub with dedicated parking, recent property improvements, and a long-term NNN lease.
Property Size2,650 SF
Days on Market4
Property Features for 1897 12th St SE
General Information
Standard status
Active
Size
2,650 SF
Property subtype
Neighborhood Tavern + Lottery Business for Sale
Restaurant
Patio
Yes
Equipment Included
Yes
Additional Details
Furnished
Yes
Business Included
Yes
Amenities
digital sign
Building Details
Building Size
2,650 SF
Year Built
1958
Listing Agency:
(503) 949-6999
Listed By:
Barb Arthur · License #OR #201261707
(503) 949-6999
Source:
Buildout
Added: Aug 26
Changed: Aug 28
Last Checked: Aug 28 at 11:44AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Barb Arthur
Investment Insights
Based on property information with market context.
This operating pub occupies a 2,640 SF facility with a 400 SF covered outdoor area and exclusive onsite parking. The improvements include a roof installed less than five years ago, refreshed exterior paint, and a digital sign. Furniture, fixtures, equipment, the POS system, and inventory are included in the sale. The operation also includes a lottery business.
Located at 1897 12th St SE in Salem, Oregon, the property is subject to a Triple Net lease extending through July 2033, with three five-year renewal options. The building was constructed in 1958.
Located at 1897 12th St SE in Salem, Oregon, the property is subject to a Triple Net lease extending through July 2033, with three five-year renewal options. The building was constructed in 1958.
Key Highlights
- 2,640 SF pub facility with a 400 SF covered outdoor area
- Exclusive onsite parking included
- Roof is less than five years old
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,129
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 97302, OR
39,776
Population
17,888
Households
2.2
Avg Household Size
41
Median Age
43%
College-Educated
95%
High-School Grad
23.5 sq mi
ZIP Area
1,693
Density / Sq Mi
$83,697
Median Household Income
$44,623
Median Earnings
$1,230
Median Rent
$415,200
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- 12th Street Pub & Grub — 2795 12th St SE, Salem, OR 97302
- Corner Pocket Bar and Grill — 2653 Commercial St SE, Salem, OR 97302
- Jammers — 1897 12th St SE, Salem, OR 97302
- Santiam Wine & Bistro — 1555 12th St SE #130, Salem, OR 97302
- Phil's Bar & Grill — 1686 12th St SE, Salem, OR 97302
Frequently Asked Questions
What type of property is this?
Bar & Pub - Operating pub with dedicated parking, recent property improvements, and a long-term NNN lease.
Where is this bar & pub located?
The property is located at 1897 12th St SE Salem, OR.
What is the asking price?
The asking price for this property is $290,000.
What are key features of this property?
This property features: 2,640 SF pub facility with a 400 SF covered outdoor area; Exclusive onsite parking included; Roof is less than five years old
