For Sale
$195,000

150 High StSalem, OR 97301

Established Salem Eatery, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional business opportunity presents the chance to acquire the well-established Sisters Irish Bistro, a thriving restaurant located at 150 High St SE in Salem, Oregon's vibrant downtown. Boasting 1,290 square feet of space (1,157 net rentable), this Class A restaurant has operated successfully since March 1, 2020, cultivating a loyal local following and an excellent reputation. Included in the $195,000 asking price are all furniture, fixtures, and equipment, along with valuable proprietary recipes. The sale represents a turnkey operation, ideal for an owner-user. The current OLCC license allows for beer and liquor service, and the business benefits from online ordering partnerships with Uber Eats, Grubhub, and DoorDash, generating approximately $30,000 in additional annual revenue. The landlord offers negotiable lease options, providing flexibility for either continuing the current successful model or implementing a new restaurant concept. This is a prime opportunity to own a profitable, iconic Salem restaurant next to the historic Elsinore Theatre. The business is structured as an LLC.

Highlights

  • Turnkey operation with all equipment included.
  • Highly profitable business model in place.
  • Excellent, high-traffic location.

Property Details for 150 High St

Property type
Retail properties, Restaurants
Square Feet
1,290 SF
Class
A

Location Insight

City
Salem
County
Marion
State
Oregon
Latitude
44.939094430496
Longitude
-123.03748000873
150 High St, Salem, Oregon

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
150 High St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message