Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The purpose of the General Commercial (CG) Zone is to implement the commercial designation of the Salem Area Comprehensive Plan through the identification of allowed uses and the establishment of development standards.
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
CG · Salem, ORThe purpose of the General Commercial (CG) Zone is to implement the commercial designation of the Salem Area Comprehensive Plan through the identification of allowed uses and the establishment of development standards.
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The purpose of the General Commercial (CG) Zone is to implement the commercial designation of the Salem Area Comprehensive Plan through the identification of allowed uses and the establishment of development standards.
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CG in Salem, OR.
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Find the owner behind the property.
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