206-650-8595
515 12th St SE, Salem, OR for Sale
Freestanding - FOR SALE
1/22
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515 12th St SE
Salem, OR 97301
Downtown Salem


HIGHLIGHTS

  • Three contiguous parcels offering 75,461 SF of development land and a 9,297-SF building on a hard corner within Salem’s Central Avenue neighborhood.
  • Existing brewery/restaurant with spacious dining areas, a large kitchen, and a brewery space with brew kettles, fermentation tanks, and storage tanks.
  • Massive built-in audience from adjacent Willamette University (3,200 students/staff) and the Salem Health Clinic and Hospital Campus (502 beds).
  • Flexible zoning allows for pharmacies, retailers, QSRs, student or multifamily housing communities, hotels, or service-oriented businesses.
  • Hard-corner location reachable in five mins from I-5, and walkable to Amtrak and Coast Starlight rail lines, with visibility to 21K daily vehicles.
  • Walkable to the State Capitol, beautiful public parks and museums, and numerous shops, restaurants, and art galleries, drawing strong foot traffic.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Turnkey Brewery & Prime Development Land

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1974

SPRINKLERS

-

PARKING SPACES

101

LAND DETAILS

LAND ACRES

1.73 AC

LAND SF

75,461 SF

ZONING

CR, CO, & CG

APN/PARCEL ID

595052,595054,595083

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206-650-8595

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206-650-8595

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