Iconic Macleay Country Inn Properties

6,039 SF | Retail Building | Salem, OR 97317 | $1,100,000 ($182/SF)

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $1,100,000

Property Type
Retail, Restaurant
Square Feet
6,039 SF
Price / Square Foot
$182

Listing Contacts

Shadya Jones
Shadya Jones
Verified Profile
  • Property Info

Property Overview

An outstanding opportunity to own a Historically Iconic property with unlimited possibilities
Owner Jerry Miller is looking for the right buyer to take over a property that has a storied past and a likable present and needs another visionary to take it into the future.
The sale includes the Macleay Country Inn Restaurant business, an assemblage of 7 Tax Lots (must be sold together), a commercial building of approximately 6,039 SF in size, a house of approximately 1240 SF in size, and a bare land parcel of approximately 2.12 acres in size.
The restaurant occupies approximately 3,987/SF, and the store occupies approximately 2,052/SF. The country store pays rent of $400 per month, and is on a month-to-month lease. The house is approximately 1240 SF, rented on a monthly basis for $425 per month, and was built in the 1800s.
Macleay Country Inn Restaurant has been serving the community for over 50 years
The restaurant was built in 1976; the store was built in the 1900s, and the home in the 1800s
SELLER FINANCING AVAILABLE TO QUALIFIED BUYER
Over 470' of Macleay Road
Commercial Building and Rental Home on a shared Well
3 Septic Systems
Metal Roof on Commercial Building
Abundance of parking
Business includes FFEs
6 Lottery Machines
Restaurant financials are available with an executed NDA and proof of funds. Call or Email listing brokers for NDA
Being sold in the "AS-IS WHERE IS" condition
Buyer responsible for all due diligence
Please do not disturb tenants
Businesses are NOT closing.
CO-LISTED with Andrea Byer | Coldwell Banker Mountain West Real Estate
503 551 5320
Email: [email protected]

Property Details

Year Built
1976
Stories
1
Property Subtype
Other Restaurants, Storefront Retail/Residential
Lot Size (sq. ft)
160,736 SF

Highlights

  • Seller financing available
  • Includes Macleay Country Inn Restaurant Business and FFE
  • Enormous potential at this iconic property
  • County Store on a month-to-month lease
  • Rental Home on a month-to-month lease

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