Downtown Theatre

Located on the corner of Marion Street and High Street in downtown Salem.Positioned in the heart of downtown Salem, the former Cinebarre theater presents a rare opportunity to acquire a high-profile commercial property with exceptional redevelopment and repositioning potential. The approximately 37,152 SF building occupies its own parcel within Salem Center and offers prominent frontage, strong visibility, and immediate access to the downtown core. Formerly operated as a luxury dine-in movie theater, the property features seven auditoriums, expansive lobby areas, commercial kitchen infrastructure, bar areas, and existing utility capacity that may support a variety of future uses. The site is well suited for adaptive reuse including entertainment, mixed-use, fitness, retail, office, educational, event venue, hospitality, or experiential concepts. Located within the Mid-Willamette Valley less than one hour south of Portland, the property benefits from Salem’s role as Oregon’s State Capital and regional hub for government, healthcare, education, agriculture, manufacturing, and distribution. The site is situated next to Salem Center, just blocks from the Oregon State Capitol, Marion Street Bridge, Riverfront Park, and numerous downtown amenities including restaurants, retail, hotels, and civic destinations. Downtown Salem continues to experience renewed investment and redevelopment activity, creating momentum for new commercial concepts and urban activation. With its large footprint, strategic downtown location, dedicated parcel, and flexible layout, the former Cinebarre offers a unique opportunity for investors, owner-users, and developers seeking a signature property in Oregon’s capital city.Positioned in the heart of downtown Salem, this premier commercial opportunity offers up to 37,152 SF of highly visible space with exceptional frontage and direct access to the city's business, government, and entertainment districts. Located adjacent to Salem Center and just blocks from the Oregon State Capitol, Riverfront Park, and numerous downtown amenities, the property benefits from strong pedestrian activity, excellent accessibility, and a central location within Oregon's capital city. The flexible floor plan, expansive interior spaces, existing commercial infrastructure, and significant utility capacity create opportunities for a wide range of uses including entertainment, fitness, retail, office, educational, event, hospitality, medical, and experiential concepts. The property's prominent downtown presence and adaptable layout allow tenants to create a customized environment suited to their operational needs. Downtown Salem continues to experience new investment, redevelopment, and growing activity, making this a unique opportunity to establish a presence within one of the region's most dynamic commercial districts. Large contiguous spaces, strong visibility, and a strategic location combine to offer a rare leasing opportunity in the Mid-Willamette Valley.