Neighborhood Tavern + Lottery Business for Sale

For Sale

1897 12th St SE, Salem, OR 97302

This Salem property for sale is located at 1897 12th St SE. The current listed sale price for Neighborhood Tavern + Lottery Business for Sale is $290,000. Neighborhood Tavern + Lottery Business for Sale is situated on a lot that is 0.25 acre in size.

Contacts

Barb Arthur

Capacity Commercial Group

Property Details

  • Property Type Retail - Restaurant
  • Property Size 2,650 SF
  • Units 1
  • Lot Size 0.25 Acre
  • Year Built 1958
  • Date Updated Jul 16, 2026
Well-established neighborhood tavern located in a growing secondary market in the Willamette Valley, Oregon. This turnkey operation offers a diversified revenue mix including bar sales, food service, Oregon Lottery commissions, and popular pool leagues. The business benefits from strong community ties, late-night hours, and a loyal customer base. The operation runs with low owner dependence thanks to an experienced long-term staff and established leagues. The business is secured by a long-term Triple Net lease through 2033 with three five-year renewal options, providing excellent stability. Private onsite parking and a covered outdoor area add significant value. The real estate is also available for purchase separately at $595,000, giving qualified buyers the flexibility to acquire both the business and the property.The business operates from a 2,640 SF facility that includes a 400 SF covered outdoor area and exclusive onsite parking. The building has seen meaningful capital improvements in recent years, including a roof less than five years old, fresh exterior paint, and a new digital sign. The sale includes all furniture, fixtures, equipment, POS system, and inventory at the seller’s cost (approximately $10,500). The business operates under a long-term Triple Net lease through July 2033 with three five-year renewal options. This is a low owner-dependent operation supported by an experienced, long-term staff. Established pool leagues and regular customers provide built-in traffic and community engagement. The seller is committed to a smooth transition and is willing to provide reasonable training and support to the buyer during the handover period to ensure continuity of operations. Operates as a neighborhood tavern in a stable location. The primary direct competitor is a nearby pool-focused bar on the same street, while other competitors include sports bars in the broader market. Differentiates itself through very late operating hours (until 2:30 AM), consistent lottery commission revenue, established pool leagues, and strong community presence. The combination of gaming income and late-night hours provides a competitive advantage over many traditional taverns in the area. There is meaningful upside potential for a new owner. Key growth opportunities include expanding the food program (potentially adding breakfast or coffee service), increasing marketing around leagues and events, strengthening the business’s digital presence, and further developing the amusement and gaming side of the operation. The long-term lease and private parking provide a stable platform for future growth initiatives.
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Getting around

  • 76/100

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  • 33/100

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  • 84/100

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Location

  • City Salem, OR
  • Neighborhood South Central Salem
  • Zip Code 97302
  • Market Eugene

Points of Interest

  • Salem

    0.92 miles

  • Brooks Historical Society Depot

    9.57 miles

  • Hopmere Station

    9.65 miles

  • 76

    0.45 miles

  • Shell

    0.55 miles

  • Pacific Pride

    0.62 miles

  • City of Salem Fuel Island

    0.66 miles

  • Chevron

    0.68 miles

  • ChargePoint

    0.69 miles

  • Blink

    1.06 miles

  • Fred Meyer fuel #355

    1.13 miles

  • Arco Gas Station

    1.16 miles

  • Tesla Supercharger

    1.21 miles

  • SSHS

    0.41 miles

  • South West Parking Lot

    0.66 miles

  • Skyline Ford Salem

    0.67 miles

  • Staff Parking

    0.86 miles

  • Patient Visitor Parking Garage

    0.89 miles

  • E Lot

    0.92 miles

  • B Lot

    1.02 miles

  • M Lot

    1.02 miles

  • Visitor Parking

    1.06 miles

  • Postal Employee Parking

    1.10 miles

  • Drunken Cook

    0.23 miles

  • Black Sheep Cafe

    0.56 miles

  • The Manila Fiesta

    0.58 miles

  • Tong King

    0.61 miles

  • Taqueria El Jacalito

    0.61 miles

  • Wendy's

    0.70 miles

  • Straight From New York Pizza (South Commercial)

    0.78 miles

  • Thai Cuisine of Salem

    0.78 miles

  • Jamba

    0.78 miles

  • Big Blue Thai BBQ

    0.79 miles

  • LifeSource Natural Foods

    0.76 miles

  • Roth's

    0.92 miles

  • Fred Meyer

    1.03 miles

  • Pringle Park Plaza

    1.28 miles

  • Safeway

    1.53 miles

  • Reed Opera House

    1.56 miles

  • Salem Center (South)

    1.64 miles

  • Macy's

    1.68 miles

  • Ross

    1.70 miles

  • Salem Center (North)

    1.70 miles

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