For Sale
$1,400,000

466 Court StSalem, OR 97301

Prime Salem location, fully renovated, high-end finishes.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 4,520 square foot, two-story commercial property located at 466 Court St NE, Salem, OR 97301, presents a unique investment or owner-user opportunity. Built in 1900 and situated on a 0.4-acre lot, this Class B building boasts a permitted CB zoning. The property has undergone a complete renovation, including new plumbing, electrical, HVAC systems, and flooring. The main floor features two distinct restaurant spaces; one currently houses a new fine dining establishment and bar, while the other is designed for private events. A large kitchen supports two full bars and a dedicated prep kitchen. The second floor offers a sophisticated private dining area with its own intimate bar and beautifully landscaped surroundings. This versatile property is ideal for a variety of uses, offering upscale appeal and significant potential for a discerning buyer. The property is located in the heart of downtown Salem and benefits from high visibility and foot traffic. This is a rare opportunity to acquire a fully updated, high-quality commercial property in a desirable location.

Highlights

  • $1,400,000 asking price for a 4,520 square foot retail property.
  • Located at 466 Court St NE, Salem, OR 97301, on a 0.4-acre lot.
  • Features two restaurant spaces, two full bars, a prep kitchen, and a private dining area.
  • Recently renovated with new plumbing, electrical, HVAC, and flooring.
  • Class B building, two stories, built in 1900, CB zoning.
  • Broker co-op available.

Property Details for 466 Court St

Property type
Retail properties, Restaurants
Square Feet
4,520 SF
Class
B
Year Built
1900
Stories
2
Lot Size (sq. ft)
17,424 SF

Location Insight

City
Salem
County
Marion
State
Oregon
Latitude
44.940869847766
Longitude
-123.03739861707
466 Court St, Salem, Oregon

FAQs

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466 Court St
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