5005 Commercial SE St, Salem, OR 97306-1021
This exceptional restaurant property presents a unique investment opportunity in a high-traffic area of South Salem. The building boasts 4,251 square feet of well-maintained space, ideally suited for a variety of culinary concepts. Situated on a substantial 1.1-acre parcel (48,409 square feet), the property offers ample room for outdoor seating, expansion, or additional development. Its prime corner location at the signalized intersection of Kuebler Boulevard and South Commercial Street ensures high visibility and accessibility. The area is anchored by major retail establishments, guaranteeing a steady flow of potential customers. This single-tenant building is ready for immediate occupancy, providing a turnkey solution for established restaurants or ambitious entrepreneurs seeking a thriving location. The property's size and location make it an attractive investment for those seeking a strong return on investment in a dynamic commercial market. The substantial land area also offers potential for future development or expansion, adding further value to this already desirable property. This is a rare opportunity to acquire a well-positioned restaurant property in a highly sought-after location. The combination of size, location, and visibility makes this an exceptional investment prospect. Serious inquiries are encouraged.
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Shari's Cafe and Pies Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CG · Salem, ORSalem. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.