555 9th St NW
Salem, OR 97304 West Salem

$2,610,000 USD

Bar For Sale • 5,050 SF

Property Details

Property Type Bar
Total Building Size 5,050 SF
Lot Size 0.73 AC
Building Class B
Year Built 2019
Tenancy Single
Zoning CG

37 Transit Score

76 Walk Score

                
                    Highlights
                
                                Brand new NNN lease with 2.5% annual rent increases.
                            
                                Highly visible from the main commuter highway connecting West Salem to downtown.
                            
                                High-quality, well-maintained construction built in 2019 by esteemed developer
                            
                                The tenant is actively expanding, this being their 6th brewpub location in Oregon.
                            
                                The Property includes a large outdoor patio space for additional customer seating, one of only a few nearby restaurants with this amenity.
                            
                                Average annual incomes exceed $114,000, roughly 50% higher than the Portland area, making West Salem an affluent community