Business Opportunity Only – No Real Estate involved. Established restaurant with over 90 seats. High ceiling in very spacious commercial kitchen. 2 walk-in coolers & 1 walk-in freezer. On busy street with ample on-site parking. Full service bar w/ 6 poker machines. Please DO NOT disturb business nor talk with employees. To be shown by appt only.
View full listing details| Price: | $250,000 |
| Address: | 3583 Commercial St SE |
| City: | Salem |
| County: | Marion |
| State: | Oregon |
| Zip Code: | 97302 |
| MLS: | 24356125 |
| Year Built: | 1952 |
| Square Feet: | 6,071 |
| Acres: | 0.58 |
| Lot Square Feet: | 0.58 acres |
| roof: | Flat |
| sewer: | Public Sewer |
| viewYN: | no |
| cooling: | Central Air |
| country: | US |
| heating: | Forced Air |
| coolingYN: | yes |
| heatingYN: | yes |
| photo1Url: | https://www.rmlsweb.com/webphotos/24300000/50000/6000/24356125-1-a.jpg |
| priceType: | List Price |
| currentUse: | Food Service, Lounge, Restaurant |
| directions: | Commercial St SE & Mary Ave SE |
| bankOwnedYN: | no |
| grossIncome: | 1 |
| leaseAmount: | 7200 |
| openHouseYN: | no |
| shortSaleYN: | no |
| waterSource: | Public Water |
| businessName: | Hong Kong House & Lounge |
| daysOnMarket: | 421 |
| hotSheetDate: | 2025-03-31 |
| leaseDeposit: | 4500 |
| listAgentKey: | 45440 |
| listingTerms: | Cash |
| lotSizeRange: | 20, 000 SqFt to .99 Acres |
| mlsAreaMajor: | Marion Co: South Salem |
| onMarketDate: | 2024-03-12T00:00:00+00:00 |
| parcelNumber: | 577422 |
| parkingTotal: | 35 |
| saleIncludes: | Business, Equipment, Sign |
| ceilingHeight: | 12 |
| listOfficeFax: | 503-444-9008 |
| listOfficeKey: | 107969 |
| listingService: | Full Service |
| occupancyTypes: | Leased |
| otherEquipment: | Fixtures, Furniture |
| standardStatus: | Active |
| truckDoorTotal: | 1 |
| fuelDescription: | Gas |
| parkingFeatures: | On Site |
| roadSurfaceType: | Paved |
| sourceSystemKey: | 24356125 |
| yearEstablished: | 2003 |
| leaseEquipmentYN: | yes |
| officeSquareFeet: | 50 |
| operatingExpense: | 1 |
| sourceSystemName: | Regional Multiple Listing Service, Inc. |
| existingLeaseType: | 1 - 5 Years Remaining |
| listAgentLastName: | Wong |
| listMainOfficeKey: | 107969 |
| listingKeyNumeric: | 24356125 |
| lotSizeSquareFeet: | 25264 |
| numberOfBuildings: | 1 |
| offerInstructions: | Call Seller's Agent |
| originalListPrice: | 350000 |
| previousListPrice: | 350000 |
| propertyCondition: | Approximately |
| commercialFeatures: | Conforms to ADA, Display Window, Ground Level, Ramp, Sign |
| documentsAvailable: | Leases |
| listAgentFirstName: | Simon |
| lotSizeDescription: | 25265 |
| propertyAttachedYN: | no |
| expirationDateLease: | 2026-08-31 |
| inventoryIncludedYN: | no |
| listAgentKeyNumeric: | 45440 |
| listingContractDate: | 2024-03-12T00:00:00+00:00 |
| streetNumberNumeric: | 3583 |
| taxLegalDescription: | HIGHWAY VIEW ADDITION, BLOCK 2, LOT 13,14, ACRES 0.58 |
| listOfficeKeyNumeric: | 107969 |
| originatingSystemKey: | 24356125 |
| thirdPartyApprovalYN: | yes |
| truckDoorDescription: | At Grade Level |
| currentPriceForStatus: | 250000 |
| originatingSystemName: | Regional Multiple Listing Service, Inc. |
| statusChangeTimestamp: | 2024-07-16T01:04:43+00:00 |
| unreinforcedMasonryBldg: | Unknown |
| contractStatusChangeDate: | 2024-03-12T00:00:00+00:00 |
| internetAddressDisplayYN: | yes |
| listMainOfficeKeyNumeric: | 107969 |
| internetConsumerCommentYN: | no |
| virtualTourUrlUnbranded3YN: | no |
| propertyRecordUpdateTimestamp: | 2025-05-07T09:23:36+00:00 |
| internetEntireListingDisplayYN: | yes |
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