Macleay Country Property

$1,100,000

8362 Macleay Rd SE Salem, OR 97317

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About this listing

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".

SELLER FINANCING AVAILABLE
ALL OFFERS CONSIDERED
Price does include restaurant business and FFE
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
6 Lottery Machines
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

An outstanding opportunity to own a Historically Iconic property with unlimited possibilities
Owner Jerry Miller is 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 Country Store pays rent of $400 per month and on a month-to-month lease. The house is approximately 1240 SF, rented month to month for $425 per month, and was built in the 1800s.

  • Building Size

    6,039 sqft

  • Lot Area

    3.69 acres

DESCRIPTION

  • • Max Contiguous Area: 0.0
  • • Age: 41-50 Years Old

Map





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