466 Ct NE St, Unit 410 Salem, OR 97301-3638
- Investment properties
- 1,638 SF
Mar 06, 2023
Current Use by Public Records
- Palominos Restaurant & Bar / Restaurant / Bar
Property Details for 466 Ct NE St
- Year built
- 1900
- Property size
- 1,638 SF
- Zone code
- CB
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 073W27AB90004
- APU
- 073W27AB90004
Description
This exceptional 4,520 square foot, two-story commercial property located at 466 Court St NE, Salem, OR 97301, presents a unique investment or owner-user opportunity. Built in 1900 and situated on a 0.4-acre lot, this Class B building boasts a permitted CB zoning. The property has undergone a complete renovation, including new plumbing, electrical, HVAC systems, and flooring. The main floor features two distinct restaurant spaces; one currently houses a new fine dining establishment and bar, while the other is designed for private events. A large kitchen supports two full bars and a dedicated prep kitchen. The second floor offers a sophisticated private dining area with its own intimate bar and beautifully landscaped surroundings. This versatile property is ideal for a variety of uses, offering upscale appeal and significant potential for a discerning buyer. The property is located in the heart of downtown Salem and benefits from high visibility and foot traffic. This is a rare opportunity to acquire a fully updated, high-quality commercial property in a desirable location.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,470,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Salem
- County
- Marion
- State
- Oregon
- Longitude
- -123.037
- Latitude
- 44.9406
- CBSA code
- 41420
- CBSA name
- SALEM, OR METROPOLITAN STATISTICAL AREA
