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    Salem, OR
    Theaters & Concert Hall

    Salem, OR Theaters & Concert Halls for Sale

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    Keizer, OR Turner, OR Brooks, OR Aumsville, OR Jefferson, OR Gervais, OR Independence, OR Rickreall, 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
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 1 Active listings in Salem, OR, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Flexible Entertainment and Retail Building
    Flexible Entertainment and Retail Building

    315 W Yakima Ave, Yakima, WA 98902

    Contact for pricing
    16,425 sqft

    Multi-level downtown building with roll-up access door supports a range of retail, showroom, office, or entertainment uses.

    View details
    Warehouse-Style Retail and Creative Space
    Warehouse-Style Retail and Creative Space

    5110 Tieton Drive, Yakima, WA 98908

    Contact for pricing
    52,275 sqft

    Warehouse-style center with hardwood floors, exposed beams, and 213 lighted parking stalls, plus a second-floor theater/media space.

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    Historic Movie Theater Business Opportunity
    Historic Movie Theater Business Opportunity

    115 Mashell Ave S, Eatonville, WA 98328

    $499,000
    0.12 AC lot

    Historic movie theater in Eatonville, includes building and business.

    View details
    Historic Theater in Eatonville
    Historic Theater in Eatonville

    115 Mashell Ave S, Eatonville, WA 98328

    Contact for pricing
    3,910 sqft

    Eatonville's historic movie theater for sale, business included.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Rural Land Parcel
    Commercial Rural Land Parcel

    1153 Belfield Boulevard, Landers, CA 92285

    $295,000

    Commercial rural zoned land with a water meter and electric at the street, suitable for a range of site-planned uses.

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    Corner Commercial Land Parcel
    Corner Commercial Land Parcel

    HWY 412 & LINCOLN lot: 5, Siloam Springs, AR 72761

    $2,600,000
    7.61 AC lot

    Corner commercial land parcel with public water and public sewer services available.

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    Banked Racetrack Event Venue
    Banked Racetrack Event Venue

    92ac Checkered Flag Way, Maud, TX 75567

    $645,000
    92.35 AC lot

    Banked red clay racetrack event infrastructure on a multi-use development site with electricity and well water.

    View details
    Theater with Multiple Movie Screens
    Theater with Multiple Movie Screens

    2745 N Oak Road, Plymouth, IN 46563

    $1,500,000
    10.00 AC lot

    Showland Theater offers central air and off-street parking on 10 acres of commercial property.

    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.

    365 Lancaster SE Dr
    THEATER (MOVIE)

    365 Lancaster SE Dr, Salem, OR 97317-5336

    Value Estimation by Request
    40,069 sqft 6.37 AC lot
    View details
    3893 Commercial SE St
    THEATER (MOVIE)

    3893 Commercial SE St, Salem, OR 97302-3834

    $1,340,000
    Estimated value
    9,287 sqft 0.36 AC lot
    View details
    360 Belmont NE St
    THEATER (MOVIE)

    360 Belmont NE St, Salem, OR 97301-1006

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

    501 Marion NE St, Salem, OR 97301-3727

    Value Estimation by Request
    37,152 sqft 0.99 AC lot
    View details
    200 Commercial SE St
    ARENA, CONVENTION CENTER

    200 Commercial SE St, Salem, OR 97301-3426

    $415,000
    Estimated value
    49,294 sqft 1.13 AC lot
    View details
    170 High SE St
    THEATER (MOVIE)

    170 High SE St, Salem, OR 97301-3608

    $335,000
    Estimated value
    19,367 sqft 0.35 AC lot
    View details

    Salem, OR Theaters & Concert Halls Market Trends and Statistics

    Explore 7 theaters & concert halls 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 performance venues 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%

    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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