8362 Macleay RdSalem, OR 97317

For Sale
$950,000
Historic Inn, Store, & Land - Endless Potential

Overview

Added:
Feb 3
Days on market:
72
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.

Property Details for 8362 Macleay Rd

Property type
Commercial real estate
Square Feet
7,279 SF
Year Built
1901
Lot Size (sq. ft)
160,736 SF

Location Insight

City
Salem
County
Marion
State
Oregon
Latitude
44.90746
Longitude
-122.8903
8362 Macleay Rd, Salem, Oregon

FAQs

What type of property is this?
Commercial real estate - Historic Inn, Store, & Land - Endless Potential
Where is the commercial real estate located?
The property is located at 8362 Macleay Rd Salem, OR.
What is the asking price?
The asking price for this property is $950,000.
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8362 Macleay Rd
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