North Keizer Restaurant and Dwelling

8046 River Rd NE Salem, OR 97303

8046 River Rd NE, Salem, OR, 97303
8046 River Rd NE, Salem, OR, 97303 8046 River Rd NE, Salem, OR, 97303 8046 River Rd NE, Salem, OR, 97303 8046 River Rd NE, Salem, OR, 97303 8046 River Rd NE, Salem, OR, 97303 8046 River Rd NE, Salem, OR, 97303 8046 River Rd NE, Salem, OR, 97303 8046 River Rd NE, Salem, OR, 97303 8046 River Rd NE, Salem, OR, 97303 8046 River Rd NE, Salem, OR, 97303 8046 River Rd NE, Salem, OR, 97303 8046 River Rd NE, Salem, OR, 97303 8046 River Rd NE, Salem, OR, 97303 8046 River Rd NE, Salem, OR, 97303 8046 River Rd NE, Salem, OR, 97303 8046 River Rd NE, Salem, OR, 97303 8046 River Rd NE, Salem, OR, 97303 8046 River Rd NE, Salem, OR, 97303 8046 River Rd NE, Salem, OR, 97303 8046 River Rd NE, Salem, OR, 97303 8046 River Rd NE, Salem, OR, 97303 8046 River Rd NE, Salem, OR, 97303 8046 River Rd NE, Salem, OR, 97303 8046 River Rd NE, Salem, OR, 97303
FOR SALE
Property Type:
Restaurant
Amount:
$825,000
Last Verified:
Apr 25, 2024

Highlights

  • - 2,739 SF restaurant/bar
  • - 2,014 SF 3 bed/2 bath manufactured home on site
  • - Renovated in 2010
  • - Zoned CC for commercial uses (Marion County, buyer to perform their own due diligence)
  • - Prime location for the Salem area
  • - Built in 1950 for vintage charm
  • - Updated interior features
  • - Ample parking for tenants and visitors

Description

SVN Commercial Advisors is pleased to present 8046 River Rd for sale for the first time in decades. This location is a fantastic opportunity for an owner/user to continue to operate the location as a bar and grill while monetizing the adjoining manufactured home. The current bar and grill operator has a leasehold interest in the commercial property until October 11, 2024. Improvements on the property include a 2,739 SF restaurant/bar and a 2,014 SF 3 bed/2 bath manufactured home.

This rural retail location has been a destination bar, grill, and video lottery location for some time and is a fixture within the Keizer community. Zoned Community Commercial, the Marion County Planning Department states that 'this zone is applied to land committed to or intended for commercial uses within urban unincorporated communities, rural communities, and rural service centers, as those terms are defined in the Comprehensive Plan and Oregon Administrative Rules'. Potential uses here are robust and include many retail, office, and ag-based industries.


Year Built: 1950
Building Size: 4753sq ft
Lot Size: 1.31 acres


Documents

N Keizer Hospitality Brochure

Map of 8046 River Rd NE, Salem, OR, 97303

Presented by:

Request additional information


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.