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Chinese Restaurant Property
For Sale
Contact for pricing
Pending

365 Liberty St NE, Salem, OR 97301

Existing restaurant space with stated potential for conversion to another ethnic restaurant concept.

Property SizeContact for details
Days on Market144

Property Features for 365 Liberty St NE

General Information

Standard status Pending
Property subtype Retail
Listing Agency: Coldwell Banker Commercial Mountain West Real Estate
Listed By: Reuben Worster · License #OR
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 10:31PM

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 Coldwell Banker Commercial Mountain West Real Estate

Investment Insights

Based on property information with market context.

This restaurant property at 365 Liberty St NE in Salem, Oregon, is currently described as a Chinese restaurant. The existing restaurant use provides a defined commercial setting for continued operation or consideration of another ethnic restaurant concept.

Residential development is identified in the surrounding area, including 157 apartments planned across the street and an additional 148 apartments within three blocks. These projects provide documented nearby housing growth associated with the property’s location.

Key Highlights

  • Existing Chinese restaurant at 365 Liberty St NE
  • Property is described as convertible to another ethnic restaurant concept
  • 157 apartments planned across the street

Property Analytics

Current Use

Golden Crown Restaurant Restaurant

Suggested Use

Top Pick Electrical Service HVAC Service (Bike/Boat/Book/etc) Store Locksmith Plumbing Service Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,178
Businesses Nearby
Under-served
Demand for This Use

Demographics for 97301, OR

56,393
Population
21,419
Households
2.6
Avg Household Size
34
Median Age
18%
College-Educated
81%
High-School Grad
11.3 sq mi
ZIP Area
4,991
Density / Sq Mi
$57,497
Median Household Income
$33,220
Median Earnings
$1,197
Median Rent
$310,800
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Existing restaurant space with stated potential for conversion to another ethnic restaurant concept.
Where is this conventional restaurant located?
The property is located at 365 Liberty St NE Salem, OR.
What are key features of this property?
This property features: Existing Chinese restaurant at 365 Liberty St NE; Property is described as convertible to another ethnic restaurant concept; 157 apartments planned across the street
More about this property
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