1895 12th St SE - Bar FOR SALE


Salem, OR 97302- South Central
$595,000 USD
503-569-4449
1895 12th St SE, Salem, OR for Sale
$595,000 USD
Bar - FOR SALE
1/2
null | Request Cap Rate

1895 12th St SE
Salem, OR 97302
South Central


HIGHLIGHTS

  • Recently painted exterior
  • New digital sign
  • Roof - Less than five years old

OVERVIEW

A turnkey NNN investment opportunity in South Salem, anchored by Jammers Tavern — a well-established neighborhood bar and grill operating under a 10-year lease through July 2033, with three five-year renewal options. The tenant, Sunshine Inc. (dba Jammers Bar & Grill) has committed to a NNN lease through July 31, 2033, and they have three (3), five (5) year options to renew. The property sits along 12th Street SE, a well-traveled South Salem corridor with strong everyday traffic. The area supports a mix of neighborhood retail, food & beverage, and service businesses, providing a stable commercial environment with consistent customer demand. Jammers Tavern operates seven days a week (11 AM–2:30 AM), drawing a loyal local following as a genuine neighborhood anchor.

FOR SALE DETAILS

PRICE

$595,000 USD

PRICE/SF

$225 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bar

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1953

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

CR

APN/PARCEL ID

597016

ASK ABOUT THIS PROPERTY

Nick Williams, CCIMCapacity Commercial Group LLCMore Info
503-569-4449

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Nick Williams, CCIMCapacity Commercial Group LLCMore Info
503-569-4449

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.