Advertise
    Salem, OR
    Theaters & Concert Hall

    Salem, OR Theaters & Concert Halls for Sale

    Notify Me
    List
    Map
    Keizer, OR Turner, OR Aumsville, OR Jefferson, OR Independence, OR Brooks, OR Gervais, 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.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    1 active listing matches your search: Theater / Concert Hall for sale in Salem, OR. Based on your search, we've also compiled 10 Potential Opportunities for your consideration: 4 properties in nearby cities and 6 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.

    Brewery Restaurant with Event Space
    Brewery Restaurant with Event Space

    644 S Main St, Lebanon, OR 97355

    $495,000
    3,250 sqft 0.09 AC lot

    Restaurant and brewery facility with commercial kitchen, covered outdoor seating, and flexible event areas.

    View details
    Mixed-Use Property with Cinema
    Mixed-Use Property with Cinema

    856-888 Willamette Street, Eugene, OR 97401

    Contact for pricing
    21,530 sqft 0.23 AC lot

    The property combines a seven-screen cinema with flexible, multi-level space for retail or office use.

    View details
    Five-Screen Movie Theater
    Five-Screen Movie Theater

    1101 SW Highway 97, Madras, OR 97741

    Contact for pricing
    12,631 sqft 1.15 AC lot

    Operating cinema with auditorium seating, concession facilities, projection equipment, and administrative space.

    View details
    Historic Mixed-Use Entertainment Building
    Historic Mixed-Use Entertainment Building

    3862 SE Hawthorne Blvd, Portland, OR 97214

    Contact for pricing
    16,630 sqft 0.31 AC lot

    Historic 1919 masonry building anchored by the Hawthorne Theatre, with multiple vacant restaurant, office, and commercial suites.

    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

    Estimated value: 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

    Estimated value:
    $1,340,000
    9,287 sqft 0.36 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: 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

    Estimated value:
    $415,000
    49,294 sqft 1.13 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

    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.

    List
    Map

    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
    97317 $3M
    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)

    Property Size Breakdown

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

    How Realmo verifies these figures

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Popular Searches in Salem, OR

    Popular Categories

    Most Searched ZIP Codes in Salem, OR

    • 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.

    Berkshire Hathaway HomeServices Real Estate Professionals
    1220 20th St SE Salem, OR 97302
    Phone: (800) 589-3161
    www.BHHSREP.com
    Prudential Real Estate Professionals
    1220 20th Street SE Salem, OR 97302
    Phone: (503) 371-3013
    www.PrudentialHomeFinder.com
    HomeSmart Realty Group
    3240 Commercial St SE, Suite 100 Salem, OR 97302
    Phone: (971) 599-5865
    www.hsmartrealtygroup.com
    Why this one?
    Saved

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!