Old Pringle Schoolhouse Restaurant Opportunity

4985 Battle Creek Rd SE Salem, OR 97302

4985 Battle Creek Rd SE , Salem, OR, 97302
4985 Battle Creek Rd SE , Salem, OR, 97302
FOR LEASE
Property Type:
Restaurant
Amount:
Please Call Broker for Price

Last Verified:
Sep 13, 2018

Highlights

  • 60 seat restaurant with a possible 30 seat covered
  • 45 dedicated parking spaces
  • Several growing neighborhoods within walking distance to the property
  • Sunny courtyard provides great outdoor exposure for users
  • Large 32 kW solar photovoltaic system helps offset tenant utilities
  • Zero restaurant/food service competition within .9 miles
  • Less than 1 mile to I-5 (I-5 signage potentially available)
  • Minutes to major employers and state agencies on Kuebler & Fairview Industrial.
  • Adjacent to Salem Clinic and major future commercial development.
  • Large covered outdoor area provides perfect outdoor dining space and potential play area.
  • AIA Award winning remodel!

Description

Rare opportunity to lease sustainable restaurant space in historical schoolhouse property. The Old Pringle Schoolhouse has undergone a transformation from the 1920’s elementary school to a lively destination marketplace, now known as Schoolhouse Corner. The flexible Neighborhood Commercial zoning has accommodated a wide variety of uses including classrooms-turned-retail shops, commercial offices, and now restaurant space, once the Schoolhouse gymnasium.

Schoolhouse Corner is located on the prominent corner of Kuebler Blvd and Battle Creek Rd in SE Salem. Kuebler is a major commuting arterial that records more than 32,000 ADT (average daily trips) and serves as the gateway from I-5 to SE Salem residents and employees as well as Turner/Aumsville, and has convenient access to Highway 22. SE Salem is home to established and new neighborhoods, employment districts, is less than 1 mile from I-5 and within minutes of downtown and the Capitol.


Year Built: 1919
Building Size: 16336.0sq ft
Building Class: A
Lot Size: 2.25 acres

Units for Lease

4985 Battle Creek Rd SE - Restaurant Space
Space Available: 3277 SF
Lease Type: NNN

Price Per Sqft/Year: $18.0

Map of 4985 Battle Creek Rd SE , Salem, OR, 97302

Presented by:
Thumb_pic

Request additional information
Icon_eb35202687


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.