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Entertainment Venue for Lease

501 Marion St NE, Salem, OR 97301

For Lease
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Entertainment venue available for lease at 501 Marion St NE in Salem, Oregon.

Space Size37,152 SF
Days on Market140

Property Features for 501 Marion St NE

General Information

Standard status Active
Size 37,152 SF
Property subtype RETAIL
Lease Type NNN

Site & Location

Neighborhood Central Area Neighborhood Development Organization (can-Do)

Spaces For Lease

at 501 Marion St NE
501 Marion St NE AVAILABLE, Now
Floor 1
Size 37,152 SF
Type RETAIL
Lease Type NNN
Sublease No
-37,152 SF Available -Prime Downtown Salem Location -Adjacent to Salem Center -Exceptional Frontage and Visibility -Flexible Floor Plan for a Variety of Uses -Existing Commercial Kitchen Infrastructure -Existing Bar and Food Service Areas -Significant Power and Utility Capacity -Seven Large Auditoriums for Multiple Concepts -Minutes from Oregon State Capitol & River Front Park -Excellent for Entertainment, Fitness, Retail, Events, Hospitality
Contact us
Listing Agency: Tradition Real Estate Partners
Listed By: Paula Moseley · License OR #201233012
Source: Moodyscre
Added: Jun 25 Changed: Nov 8 Last Checked: Nov 10 at 11:46AM

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 Tradition Real Estate Partners

Rey
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Investment Insights

Based on property information with market context.

This property represents an entertainment-focused facility for rent, categorized as theaters & concert halls and sports & entertainment properties. It is offered as a commercial real estate lease opportunity suited for operators seeking a dedicated event venue rather than general retail or office space.

The property is located at 501 Marion St NE in Salem, Oregon (97301). Leasing an existing entertainment asset can be advantageous for organizations that want to host performances and spectator events from a purpose-aligned setting in a defined address location.

From a tenant or operator standpoint, the listing may fit entertainment groups, event organizers, and venue operators looking for a site within the theater and sports/entertainment property categories. The most important next step is confirming the space’s current configuration and capabilities with the landlord, including any operational requirements associated with your event type. Interested parties should arrange a tour to review how the venue supports planned programming and to validate leasing terms during the process.

Key Highlights

  • Entertainment venue available for lease
  • Address: 501 Marion St NE, Salem, Oregon
  • Year built: 1988

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Regal Cinebarre Movieland Cinema

Suggested Use

Top Pick Electrical Service HVAC Service Auto Parts Store Plumbing Service (Bike/Boat/Book/etc) Store Veterinary Clinic

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

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

3,239
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Theater & concert hall - Entertainment venue available for lease at 501 Marion St NE in Salem, Oregon.
Where is this theater & concert hall located?
The property is located at 501 Marion St NE Salem, OR.
What are key features of this property?
This property features: Entertainment venue available for lease; Address: 501 Marion St NE, Salem, Oregon; Year built: 1988
(503) 910-3055 Call to check price and availability
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