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Salem Center Movieland 501 Marion St NE 37 152 pi² Commerce de détail Immeuble Salem, OR 97301 5 491 566 $ CAD (147,81 $ CAD/pi²)

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Faits saillants de l'investissement

Rare downtown Salem redevelopment opportunity with high visibility and frontage
Existing commercial kitchen and utility infrastructure ready for reuse.
Convenient access to Highway 22 and I-5 for regional connectivity.

Flexible layout with seven auditoriums, lobby areas, and bar in place.
Situated steps from Oregon State Capitol and Salem Center retail core.

Résumé de l'annonce

Located at 501 Marion Street NE in downtown Salem, the former Cinebarre Theatre property offers a unique investment and redevelopment opportunity in Oregon’s capital city. This 37,152-square-foot building sits on a one-acre parcel within the Salem Center district, providing unmatched visibility and scale in a prime urban setting. Previously operated as a luxury dine-in cinema, the property includes an adaptable layout of seven auditoriums, expansive lobby space, commercial kitchen infrastructure, and bar areas, all of which support multiple commercial uses. With its strong existing utility capacity and flexible configuration, the asset is ideal for creative reuse or multi-tenant strategies across sectors such as entertainment, fitness, hospitality, office, or mixed-use development. Positioned near the Oregon State Capitol, Riverfront Park, and major transportation corridors, Salem Theatre combines exceptional access with proximity to government, business, and cultural hubs, making it a compelling choice for investors seeking long-term value.

501 Marion St NE - Flyer 6.2.26

Faits sur la propriété

Type de vente

Propriétaire utilisateur

Type de propriété

Commerce de détail

Sous-type de propriété

Cinéma

Taille du bâtiment

37 152 pi²

Classe d’immeuble

Année de construction

1988

Prix

5 491 566 $ CAD

Prix par pi²

147,81 $ CAD

Location

Unique

Hauteur du bâtiment

1 étage

Coefficient d’occupation des sols de l’immeuble

0,86

Taille du lot

0,99 AC

Zone de développement économique

Oui

Zonage

Stationnement

80 places (1,81 places par 1 000 pi² loué)

Disponibilité des espaces

Espace
Taille
Utilisation de l’espace
Poste
Disponible

1er étage
37 152 pi²
Commerce de détail
-
30 jours

Positioned in the heart of downtown Salem, the former Cinebarre theatre is a rare opportunity to acquire a high-profile commercial property with exceptional redevelopment and repositioning potential. The property consists of approximately 37,152 SF on its own parcel within the Salem Center district and offers exceptional visibility, scale, and infrastructure in the heart of Oregon’s capital city. Formerly operated as a luxury dine-in movie theater, the property features existing auditorium space, lobby areas, kitchen infrastructure, and utility capacity suitable for a wide range of future commercial uses. Located just blocks from the Oregon State Capitol, Riverfront Park, and downtown amenities, the property presents a unique opportunity for investors, developers, and owner-users seeking a signature downtown asset with long-term upside.