501 Marion St NE, Salem, OR 97301
Downtown theater on its own parcel with seven auditoriums and built-in kitchen and bar infrastructure for flexible adaptive reuse.
Property Features for 501 Marion St NE
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Based on property information with market context.
The site is located on the corner of Marion Street and High Street in downtown Salem, with prominent frontage and immediate access to the downtown core. It sits adjacent to Salem Center and is described as being just blocks from the Oregon State Capitol, Marion Street Bridge, and Riverfront Park, placing it among nearby restaurants, retail, hotels, and civic destinations.
For owner-users, developers, and investors, the building’s combination of prominent downtown presence, dedicated parcel, and flexible layout offers an opportunity to explore multiple program types. Supported by the existing improvements and utility capacity, concepts discussed for the site include entertainment, mixed-use, fitness, retail, office, educational, event venue, hospitality, and experiential uses, among other possibilities. The property’s size and interior configuration are designed to accommodate a customized operating environment aligned with future redevelopment goals.
Key Highlights
- Approximately 37,152 SF former Cinebarre theater on its own parcel in downtown Salem
- Built in 1988 and previously operated as a luxury dine‑in movie theater
- Seven auditoriums plus expansive lobby areas, offering large interior spaces for redevelopment or reuse
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Trade Area within ½ mile
Demographics for 97301, OR