2407 State St Salem, OR 97305

Building Details

Year Built

1983

Listing agency Coldwell Bnkr/Commercial Div p***@cbcre.com Show Phone

Listed by Pam Rushing · License #200202271 Show Phone

Source Allprofessionalsre

Added: Feb 3 Updated: Jul 21 at 10:29PM Checked: Jul 22 at 5:34AM

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Investment Insights

Based on property information with market context.

This offering includes the building and property only, as the restaurant/bar is currently leased and the tenant should not be disturbed. The tenant has more than three years remaining on the lease, with options extending the term further.

The property is located on a busy intersection of 24th and State Street, supporting a steady commercial presence at a prominent local corner.

This listing is focused on the real estate; a possible sale of the business is available on a separate deal for those interested in pursuing both transactions.

Key Highlights

• Building and property for sale; restaurant/bar space is currently leased.
• Restaurant/bar tenant has over 3 years remaining on the lease with options.
• Located on a busy intersection of 24th and State Street.

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Similar Off Market Nearby

• Lickit — 604 17th st ne, salem, or 97301
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FAQs

What type of property is this?

Bar & Pub - Restaurant and bar space is leased, with the building and property available for sale.

Where is this bar & pub located?

The property is located at 2407 State St Salem, OR.

What is the asking price?

The asking price for this property is $649,000.

What are key features of this property?

This property features: Building and property for sale; restaurant/bar space is currently leased.; Restaurant/bar tenant has over 3 years remaining on the lease with options.; Located on a busy intersection of 24th and State Street.