Property summary
The property is a restaurant space located in a busy local retail plaza on a main street in Salem, Oregon, within a commercial development that includes other tenants such as a Target store and a Korean restaurant. The restaurant (excluding the real estate) is configured with seating for approximately 150 patrons and includes a bar. It is set up for hibachi and sushi service and features a full commercial kitchen with a walk-in cooler. The occupied area is 7,570 square feet on a 0.76-acre lot. Parking is provided on site, and the zoning classification is CR-LU.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
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Electric Vehicle Charging Station
Location
Value estimations
Owner & transaction history
Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
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Property tax & assessments
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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