8362 Macleay Rd Salem, OR 97317
- Bars
- 0.06 lot acres
Current Use by Public Records
- MacLeay Country Inn / Restaurant
Property Details for 8362 Macleay Rd
- Lot size
- 0.06 lot acres
- Zone code
- CC
- Property type
- Bars
- APN
- 082W02AD00500
- APU
- 082W02AD00500
Description
This exceptional Salem, Oregon property presents a unique investment opportunity encompassing a historic landmark: the Macleay Country Inn and Store. Situated on a substantial 3.69-acre lot, this assemblage includes seven tax lots, offering significant flexibility and potential for expansion. The main commercial building totals approximately 6,039 square feet, comprising a restaurant (roughly 3,987 sq ft) and a store (approximately 2,052 sq ft). The property's rich history and established business operations provide a strong foundation for continued success. Beyond the existing commercial structures, a separate residential house is included, adding further value and potential rental income. A significant advantage is the inclusion of a 2.12-acre buildable parcel directly behind the restaurant, complete with a well. This additional land presents numerous development possibilities, from expanding the existing businesses to creating new ventures. The property is zoned Community Commercial and RA, allowing for a variety of uses subject to buyer due diligence. The asking price is $950,000. This is a rare chance to acquire a well-established business with substantial land and significant upside potential in a desirable Salem location. The property's size, existing infrastructure, and zoning flexibility make it an ideal investment for entrepreneurs and developers seeking a unique and profitable venture. All square footages are approximate and should be verified independently.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Salem
- County
- Marion
- State
- Oregon
- Longitude
- -122.89
- Latitude
- 44.9075
- CBSA code
- 41420
- CBSA name
- SALEM, OR METROPOLITAN STATISTICAL AREA