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32889928
32889939

28405 Salmon River Highway, Grand Ronde, OR 97347

SR
OR 201210661
$1,350,000
12 days on market
Updated 12 days ago

28405 Salmon River Highway

Details
Property Type Retail
Sub Type Restaurant, Bar
Square Footage 5,291
Tenancy Single
Year Built 1947
Year Renovated 2024
Lot Size (SqFt) 19,602
Zoning Commercial
Parking Spaces spaces
Ground Lease No
Sale Condition N/A

Turnkey Restaurant & Bar Opportunity Near Spirit Mountain Casino | High Visibility Highway Frontage

Marketing description

28405 Salmon River Hwy, Grand Ronde, OR 97347 presents an exceptional commercial opportunity with high-visibility frontage along a major Oregon travel corridor near Spirit Mountain Casino. Currently operating as a restaurant and bar, this versatile commercial property offers strong exposure, steady traffic flow, and excellent potential for owner-users, investors, or hospitality operators seeking a strategic location in the growing Grand Ronde market.

Positioned on Salmon River Highway with convenient access to the Oregon Coast, Salem, McMinnville, and the Willamette Valley, the property benefits from consistent local, commuter, casino, and tourism traffic year-round. The property features a functional commercial kitchen, established bar area, dining space, onsite parking, and flexible potential for a variety of commercial uses including restaurant, brewery, taproom, café, lounge, event venue, or redevelopment opportunity.

Located just minutes from Spirit Mountain Casino and surrounded by outdoor recreation and coastal travel routes, this property is well-positioned for continued hospitality operations or future commercial investment potential. Rare opportunity to acquire a high-exposure commercial property with excellent visibility, accessibility, and upside in Polk County.

Investment highlights

  • High visibility commercial location along heavily traveled Salmon River Highway
  • Established restaurant and bar operation with existing infrastructure in place
  • Minutes from Spirit Mountain Casino generating consistent tourism and traffic flow
  • Strategic location between the Willamette Valley and Oregon Coast travel corridor
  • Flexible commercial opportunity for restaurant, bar, brewery, taproom, café, event venue, or redevelopment
  • Functional commercial kitchen, bar area, dining space, and onsite parking
  • Strong owner-user or value-add investment potential
  • Consistent exposure to local, commuter, and destination traffic year-round
  • Rare hospitality commercial asset in the growing Grand Ronde market
  • Excellent accessibility with highway frontage and easy ingress/egress
  • Opportunity to continue existing operations or reposition with new concept
  • Proximity to wineries, outdoor recreation, casino traffic, and coastal tourism routes
  • Potential live/work or mixed-use considerations subject to zoning and county approval
  • Commercial real estate opportunity in underserved hospitality corridor market
  • Strong regional draw from Salem, McMinnville, Lincoln City, and surrounding communities

Listing Contacts

SR
OR 201210661

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Additional Information

Name
Shawn Richardson
License
201210661
Brokerage
Exp Realty, LLC
Brokerage Phone
(503) 910-7364
Title
Broker
Brokerage Address
4800 Meadows Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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