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Financial
Distress signals
Property profile

3760 Ctr NE St Salem, OR 97301

OFF-MARKET
Turn key restaurants
Property ID
US71-0488987
6,391 SF 0.76 ac lot Built 1990
Last sale May 2021 · $19,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

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.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$28k
Tax billed · 2023
Assessed value$1.80M
Effective rate1.58%

Value estimate

· Oct 2026
$15.01M
$13.50M – $16.51M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$441/SF
Submarket average, outlier-cleaned · 25 recorded sales of this use type
Observed band · Q1–Q3$197 – $692

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CRLU
JurisdictionMARION

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop25.6
Realty agency23.9
Building Supply22.1

Location

3760 Ctr NE St Salem, OR 97301-2904
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

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 nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2680 Portland NE, Salem, OR 97301-0125 $750,000 Feb 2026 4,125 SF
2943 Silverton NE, Salem, OR 97301-0851 $1,300,000 May 2025 6,200 SF
3282 Silverton NE, Salem, OR 97301-8655 $1,600,000 Mar 2025 9,534 SF
3190 Portland NE, Salem, OR 97301-0130 $130,000 Jul 2024 6,888 SF
3755 Portland NE, Salem, OR 97301-0334 $625,000 Mar 2024 5,682 SF
2953 Silverton NE, Salem, OR 97301-0851 $1,700,000 Dec 2023 8,120 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby

Comparable nearby

  • Value Estimation
    $1,785,000
    10,080 SF
    1570 Lancaster NE Dr
    RETAIL STORES (PERSONAL SERVICES)
    1570 Lancaster NE Dr, Salem, OR 97301-1962
    View Details
  • Value Estimation
    $660,000
    3,704 SF
    339 Ct NE St
    RESTAURANT
    339 Ct NE St, Salem, OR 97301-3526
    View Details
  • Value Estimation
    $355,000
    3,617 SF
    2715 Portland NE Rd
    SERVICE SHOP (TV, ELECTRIC, PLUMBING)
    2715 Portland NE Rd, Salem, OR 97301-0168
    View Details
  • Value Estimation
    $1,035,000
    3,057 SF
    1729 Ctr NE St
    RETAIL STORES (PERSONAL SERVICES)
    1729 Ctr NE St, Salem, OR 97301-4357
    View Details
  • Value Estimation
    $405,000
    1,151 SF
    850 High NE St
    RESTAURANT
    850 High NE St, Salem, OR 97301-2441
    View Details
  • Value Estimation by Request
    36,603 SF
    416 State St
    FINANCIAL BUILDING
    416 State St, Salem, OR 97301-3648
    View Details

Similar Nearby for Sale

  • New
    $1,100,000
    6,212 SF
    Flex Industrial Property with Two Buildings
    For sale as-is with two buildings totaling 6,212 SF and flexible zoning supporting multiple commercial uses.
    3125 - 3157 Portland Road NE, Salem, OR 97301
    View Details
  • Contact for pricing
    7,200 SF
    Leased Multi-Tenant Strip Center
    Leased 7,200 SF retail strip center on 0.55 acres with multiple established tenants and on-site parking.
    1200 Hawthorne Ave NE, Salem, OR 97301
    View Details
  • $945,000
    4,554 SF
    Freestanding Retail Building
    Signalized corner property with showroom, office, open-room, and kitchen areas inside a fully fenced commercial site.
    1695 Market St NE, Salem, OR 97301
    View Details
  • Contact for pricing
    9,299 SF
    Commercial Portfolio with Highway Frontage
    Two-parcel commercial/industrial portfolio with showroom, office, and warehouse space.
    1994 Commercial St NE, Salem, OR 97301
    View Details
  • $2,900,000
    13,448 SF
    Mixed-Use Commercial Building
    Property supports retail, office, and medical uses at a signalized intersection.
    388 Commercial St NE, Salem, OR 97301
    View Details
  • New
    Contact for pricing
    19,600 SF
    NNN Grocery Convenience Store
    NNN investment offering due diligence materials, including original lease details, amendments, and a renewal option beginning September 2026.
    1355 Salem Industrial Drive Northeast, Salem, OR 97301
    View Details

Similar Nearby for Lease

  • Contact for pricing
    6,933 sqft
    Downtown Salem Retail Space
    6,933 SF retail space in a prime downtown location.
    388 Commercial St NE, Salem, OR 97301
    View Details
  • New
    Contact for pricing
    900 sqft
    Retail Suite with On-Site Parking
    Second-floor retail suite offers fresh flooring and paint within a multi-tenant strip center with convenient parking.
    1200 Hawthorne Avenue NE, Salem, OR 97301
    View Details
  • New
    Contact for pricing
    5,000 sqft
    Corner Retail Space with Showroom
    MU II-zoned property includes signage, service space, and possible live/work use.
    1695 Fairgrounds Rd NE, Salem, OR 97301
    View Details
  • Contact for pricing
    4,200 sqft
    Inline Retail Space
    Inline retail space available with tenant improvement options and estimated NNN charges listed in the asking terms.
    1420 Lancaster Dr NE, Salem, OR 97301
    View Details
  • Contact for pricing
    14,279 sqft
    Freestanding Flex Building
    Mixed-use zoning and separate office, showroom, and warehouse areas support varied operations.
    1012 Commercial St NE, Salem, OR 97301
    View Details
  • Contact for pricing
    2,791 sqft
    Flex Space with Fenced Yard
    Flex space with an open, naturally lit retail area, roll-up door, and fenced yard, zoned Commercial General with shared parking.
    318-320 Lancaster Dr NE, Salem, OR 97301
    View Details
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