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    Salem, OR
    Sports & Entertainment

    Salem, OR Sports & Entertainment Properties for Sale

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    Keizer, OR Turner, OR Brooks, OR Aumsville, OR Jefferson, OR Independence, OR Klamath Falls, OR Silverton, OR
    Former Cinebarre Theater Redevelopment
    Updated: Jun 3
    Former Cinebarre Theater Redevelopment

    501 Marion St NE, Salem, OR 97301

    $3,950,000
    37,152 sqft
    Approximately 37,152 SF former Cinebarre theater on its own parcel in downtown Salem
    Built in 1988 and previously operated as a luxury dine‑in movie theater
    Seven auditoriums plus expansive lobby areas, offering large interior spaces for redevelopment or reuse
    Existing commercial kitchen infrastructure and bar areas support a range of future concepts
    Located on the corner of Marion Street and High Street with prominent frontage and direct access to downtown core
    View details
    See hot listings in Salem

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Based on your search, we've compiled 49 Potential Opportunities for your consideration. Besides 1 Active listings in Salem, OR, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 44 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Restaurant Building with Private Parking
    Restaurant Building with Private Parking

    Forest Grove, OR 97116

    $1,900,000
    9,881 sqft 0.51 AC lot

    Fully leased restaurant property with four tenants, on-site parking, and included operating business assets.

    View details
    Downtown Restaurant Building
    Downtown Restaurant Building

    1925 21st Ave, Forest Grove, OR 97116

    $1,900,000
    9,881 sqft

    Fully leased property includes an established restaurant and nightclub operation with associated business assets.

    View details
    Golf Course with Water Features
    Golf Course with Water Features

    25230 S WALLENS Rd, Estacada, OR 97023

    $1,199,000
    6,170 sqft 60.00 AC lot

    Operating recreational property with golf-course equipment, a residence, shops, storage facilities, and creek frontage.

    View details
    60 Acre Golf Course Property
    60 Acre Golf Course Property

    25230 S WALLENS Rd, Estacada, OR 97023

    $1,199,000
    60.00 AC lot

    60-acre golf course with equipment, residence, water rights, ponds.

    View details

    Off-Market Properties in Salem, OR

    Consider similar Off-Market properties in Salem, OR. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    2330 17th NE St
    AMUSEMENT PARK

    2330 17th NE St, Salem, OR 97301-0601

    Estimated value:
    $480,000
    15,904 sqft 159.05 AC lot
    View details
    365 Lancaster SE Dr
    THEATER (MOVIE)

    365 Lancaster SE Dr, Salem, OR 97317-5336

    Estimated value:
    No data
    40,069 sqft 6.37 AC lot
    View details
    3893 Commercial SE St
    THEATER (MOVIE)

    3893 Commercial SE St, Salem, OR 97302-3834

    Estimated value:
    $1,340,000
    9,287 sqft 0.36 AC lot
    View details
    4318 Lone Oak SE Rd
    AMUSEMENT PARK

    4318 Lone Oak SE Rd, Salem, OR 97302-4888

    Estimated value:
    $3,200,000
    24,388 sqft 5.07 AC lot
    View details
    Salem, OR 97302
    AMUSEMENT PARK

    Salem, OR 97302

    Estimated value:
    $3,200,000
    0.07 AC lot
    View details
    1163 D NE St
    RECREATIONAL, ENTERTAINMENT

    1163 D NE St, Salem, OR 97301-1216

    Estimated value:
    $100,000
    600 sqft 1.03 AC lot
    View details
    360 Belmont NE St
    THEATER (MOVIE)

    360 Belmont NE St, Salem, OR 97301-1006

    Estimated value:
    $6,200,000
    View details
    501 Marion NE St
    THEATER (MOVIE)

    501 Marion NE St, Salem, OR 97301-3727

    Estimated value:
    No data
    37,152 sqft 0.99 AC lot
    View details
    3505 Liberty S Rd
    AMUSEMENT PARK

    3505 Liberty S Rd, Salem, OR 97302-5621

    Estimated value:
    $560,000
    3,590 sqft 0.10 AC lot
    View details
    324 52nd NW Ave
    RECREATIONAL, ENTERTAINMENT

    324 52nd NW Ave, Salem, OR 97304-3230

    Estimated value:
    $385,000
    7,091 sqft 5.16 AC lot
    View details
    2975 Riv S Rd
    AMUSEMENT PARK

    2975 Riv S Rd, Salem, OR 97302-9754

    Estimated value:
    No data
    41,376 sqft 2.80 AC lot
    View details
    4132 Devonshire NE Ct
    AMUSEMENT PARK

    4132 Devonshire NE Ct, Salem, OR 97305-1982

    Estimated value:
    No data
    47,567 sqft 3.57 AC lot
    View details
    6250 Commercial SE St
    AMUSEMENT PARK

    6250 Commercial SE St, Salem, OR 97306-1333

    Estimated value:
    No data
    53,822 sqft 3.50 AC lot
    View details
    3695 45th NE Ave
    AMUSEMENT PARK

    3695 45th NE Ave, Salem, OR 97305

    Estimated value:
    $210,000
    3,728 sqft 0.93 AC lot
    View details
    4303 Ctr NE St
    BOWLING ALLEY

    4303 Ctr NE St, Salem, OR 97301-3042

    Estimated value:
    No data
    43,240 sqft 3.39 AC lot
    View details
    200 Commercial SE St
    ARENA, CONVENTION CENTER

    200 Commercial SE St, Salem, OR 97301-3426

    Estimated value:
    $415,000
    49,294 sqft 1.13 AC lot
    View details
    6250 Clb House SE Dr
    GOLF COURSE

    6250 Clb House SE Dr, Salem, OR 97306-9329

    Estimated value:
    $4,290,000
    1,155 sqft 136.73 AC lot
    View details
    170 High SE St
    THEATER (MOVIE)

    170 High SE St, Salem, OR 97301-3608

    Estimated value:
    $335,000
    19,367 sqft 0.35 AC lot
    View details
    3995 Brooklake NE Rd
    AMUSEMENT PARK

    3995 Brooklake NE Rd, Salem, OR 97303-9732

    Estimated value:
    No data
    3,296 sqft 61.64 AC lot
    View details
    5201 State St
    AMUSEMENT PARK

    5201 State St, Salem, OR 97317-8919

    Estimated value:
    No data
    325 sqft 37.58 AC lot
    View details
    1105 Front St
    Specialty properties

    1105 Front St, Salem, OR 97301

    Estimated value:
    No data
    140,931 sqft 13.27 AC lot
    View details
    220 Water NE St
    RECREATIONAL, ENTERTAINMENT

    220 Water NE St, Salem, OR 97301-3446

    Estimated value:
    $675,000
    2.01 AC lot
    View details
    2100 Turner SE Rd
    AMUSEMENT PARK

    2100 Turner SE Rd, Salem, OR 97302-2004

    Estimated value:
    $255,000
    40.00 AC lot
    View details

    Salem, OR Sports & Entertainment Properties Market Trends and Statistics

    Explore 45 sports & entertainment properties for sale in Salem, OR on our real estate platform. These investment opportunities span a total of 37,152 square feet of properties for sale, with an estimated market value of $3,950,000.

    Sale prices for sports & entertainment properties in Salem, OR average $3,950,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Fitness centers & gyms 4
    Theaters & concert halls 3

    Demographics Overview

    Population 279K
    Population Growth (5Y) +5.0%
    Median Household Income $76,436
    College Educated 19.3%

    High-Yield Neighborhoods for Investment

    Identify Salem submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    97301 $4M

    Taxes & Financing

    Tax Rate (average for all types) 1.85%
    Property Tax per SF $20.84 per SF
    Tax Rate vs County Average 0.05 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Marion County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Marion County

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Salem fall within the 100,000+ square foot range.

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    • 97301

    Featured Salem Real Estate Agencies

    Realmo connects you with licensed Salem CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Prudential Real Estate Professionals
    1220 20th Street SE Salem, OR 97302
    Phone: 15033713013
    www.PrudentialHomeFinder.com

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