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Turnkey Restaurant/Bar 555 9th St NW 5,050 SF of Retail Space Available in Salem, OR 97304
HIGHLIGHTS
- Turnkey restaurant/bar – ready for immediate operation
- Warm, inviting atmosphere with fireplace
- Class One commercial hood and fully equipped kitchen
- High-end buildout with sophisticated finishes, with Four large flat-screen TVs – ideal for sports and events
- Huge walk-in refrigerator + Two keg refrigerators for high-capacity beverage service
- Excellent location in West Salem with strong visibility and access
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste Restaurant | 5,050 SF | 5 Years | $32.00 /SF/YR $2.67 /SF/MO $161,600 /YR $13,467 /MO | Triple Net (NNN) |
1st Floor, Ste Restaurant
Perfect for sports viewing, indoor or outdoor dining and social engagement, including four large flat-screen TVs positioned for optimal visibility. The bar is equipped with two keg refrigerators, plentiful bar seating, and service space designed for high-volume operations. The kitchen is one of the finest in Salem, featuring a Class One commercial hood, a massive walk-in refrigerator, and comprehensive kitchen infrastructure—ideal for full-service restaurant operations, catering, or specialty concepts. Every essential element is in place for a seamless launch, including prep stations, plumbing, and professional.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT TURNKEY RESTAURANT/BAR
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Rogue Brewery
- Accommodation and Food Services
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Rogue Brewery | Accommodation and Food Services | 1 | - |
PROPERTY FACTS
| Total Space Available | 5,050 SF | Total Land Area | 0.73 AC |
| Property Type | Retail | Year Built | 2019 |
| Property Subtype | Bar | Parking Ratio | 5.33/1,000 SF |
| Gross Leasable Area | 5,050 SF |
| Total Space Available | 5,050 SF |
| Property Type | Retail |
| Property Subtype | Bar |
| Gross Leasable Area | 5,050 SF |
| Total Land Area | 0.73 AC |
| Year Built | 2019 |
| Parking Ratio | 5.33/1,000 SF |
ABOUT THE PROPERTY
An exceptional opportunity to lease one of Salem’s most impressive turnkey restaurant and bar spaces. Located in desirable West Salem, 555 9th Street NW offers a fully built-out, dining and entertainment venue complete with extensive outdoor seating area and ready for immediate operation. Simply turn on the lights and open for business. This warm, timber-accented build-out features a beautifully designed interior highlighted by a fireplace, spacious dining area, and an expansive bar with ample seating. Hospitality operators will appreciate the thoughtful layout that caters to both casual gatherings and elevated dining experiences.
NEARBY MAJOR RETAILERS
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Turnkey Restaurant/Bar | 555 9th St NW
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