$1,600,000 SALE
7,279 SF
8362 Macleay Rd SE
Salem, OR 97317 Macleay Country Property

An outstanding opportunity to own a Historically Iconic property with unlimited possibilities Owners Dan and Jerry Miller are 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 store pays rent of $400 per month, and the lease expires on July 1, 2023, with no option periods. The house is approximately 1240 SF, rented month to monthly bases for $425 per month, and was built in the 1800s.

Property Type Retail
Listing ID JZMV5H
Style Other Style
Building Size 7,279 SF
Lot Size 3.69 AC

Property Highlights

SELLER FINANCING AVAILABLE TO QUALIFIED BUYERS ALL OFFERS CONSIDERED Price does include restaurant business Owners will consider carrying a contract. Please contact listing brokers for details 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 Over 470' of Macleay Road frontage Sale does not include the "Country Store" business Commercial Building and Rental Home on shared a shared Well 3 Septic Systems Metal Roof on Commercial Building Abundance of parking Business includes FFEs 6 Lottery Machines (2022 Commissions = approximately $11,150/mo) 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: Soldbyandreabeyer@gmail.com

Area Description

Area Description: Macleay is an unincorporated community in Marion County, Oregon, about nine miles east of downtown Salem in the Waldo Hills near the Little Pudding River. The Macleay name was established on February 3, 1882, when the post office was moved, and the name changed from Stipp. Donald Macleay, a prominent merchant of Portland, was interested in the Oregonian Railway Company Ltd. This company built the narrow gauge railroad in the east part of the Willamette Valley, subsequently up through this area. Mr. Macleay gave $500 to build a schoolhouse in the Stipp area, near the new railroad station. And for this, the area was given his name, "Macleay". Miller Bros. Ranch was established in East Macleay in 1846, and Dan & Jerry Miller are the 5th generation to work the ranch.

Region: Salem

Region: Oregon

Property Features
Age: 41-50 Years Old
Additional Media