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Entity Owned Property summary
This exceptional investment opportunity presents a fully renovated, 5,880-square-foot restaurant and event venue located at 1230 State Street in Salem, Oregon. The property, built in 1928 and completely updated in 2023, boasts a single unit within a 6,970-square-foot lot. Its MU-I zoning allows for versatile commercial use. The building features one story and is situated in a thriving area of Salem, offering convenient access to major employers including Willamette University, Salem Health,… and the Oregon State Capitol Mall. This turnkey operation is ideal for owner-users seeking a well-established business in a high-traffic location. The asking price is $1,900,000, with an occupancy date of January 1, 2025. The property's prime location, coupled with its recent renovation and proximity to significant employers, creates a compelling investment opportunity with a strong potential for return. The property's history and modern amenities combine to offer a unique and attractive space for a variety of commercial ventures. The Marion County location, with its APN 073W26BC00600, provides further identification. This is a rare chance to acquire a fully renovated, historically significant commercial property in a desirable location.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Oct 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 18 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 5,880 SF
- Lot area
- 0.16 ac
- Year built
- 1928
- Stories
- 1
- APN
- 073W26BC00600
- Zoning
- MUI
- Assessed value · 2023
- $385,760
- Annual tax · 2023
- $7,571
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Signals, scores & lead lists
- 300 owner contacts a month
- 30 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- Signals, scores & lead lists
- 1500 owner contacts a month
- 150 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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Sample leads
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Absentee
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Sample leads
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Off Market
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Off Market
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Loan from 2013New Century Bank
4026 BRAGG BLVD, FAYETTEVILLE, NC 28303
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Off Market
BRAGG BLVD, FAYETTEVILLE, NC 28303
Loan from 20049.0% rateNew Century Bank Fayetteville
BRAGG BLVD, FAYETTEVILLE, NC 28303
