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4656 Commercial St SE
Salem, OR 97302 Morningside

$3,200,000 USD

Restaurant For Sale  •  11,292 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 11,292 SF
  • Lot Size 1.33 AC
  • Building Class C
  • Year Built 1994
  • Cap Rate 6.50 %
  • Tenancy Multiple
  • Zoning MU-III
38 Transit Score
76 Walk Score

Highlights

Original tenants since 1994
Most roofs and HVAC systems have been updated
New owner upside

Property Flyers

Cap Rate: 6.50 %

Amenities

  • Bus Line
  • Signage

Public Transportation

Commuter RailDriveWalkDistance
6 min - 3.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 69
Type: Surface
Included in Rent: Yes
Curt Arthur, SIOR 503-588-4146 SVN | Commercial Advisors, LLC
Curt Arthur, SIOR 503-588-4146 SVN | Commercial Advisors, LLC