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$135,000

  • Sold
  • Sold
  • Business
See This Home
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See This Home
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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.

Full Property Details for 3583 Commercial St SE

General

  • Sold For: $135,000
  • Status: Sold
  • Type: Business
  • Source: RWMLS
  • MLS ID: 24356125
  • Added to Site: 676 day(s) ago

Business

  • Name: Hong Kong House & Lounge

Additional Information

  • Equipment: Fixtures, Furniture

Parking

  • Total Spaces: 35
  • Parking Features: On Site

Location

  • County: Marion
  • Driving Directions: Commercial St SE & Mary Ave SE

Community

  • Community Name: 172 - Marion Co: South Salem

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air
  • Heating Fuel: Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • # Buildings: 1
  • Property Detached: Yes
  • Roof: Flat
  • Ceiling Height: 12
  • Square Feet: 6,071
  • Current Bldg. Use: Food Service, Lounge, Restaurant
  • Year Built: 1952
  • Property Condition: Approximately

Lot Features

  • Lot Size (Acres): 0.58
  • Lot Size (Sq. Ft.): 25,264
  • Lot Size: 20, 000 SqFt to .99 Acres
  • Frontage: Paved

Financial Considerations

  • Lease Price: $7,200
  • Operating Expenses: $1
  • Terms: Cash

Disclosures and Reports

  • Documents Avail.: Leases
  • Property ID: 577422

Listed by MORE Realty (503) 353-6673, Simon Wong (503) 804-2480
Sold by Non Rmls Broker (503) 236-7657, OR and WA Non Rmls

Listing agent

— 3583 Commercial St SE —

  • Simon Wong

    MORE Realty

    503-353-6673

503-804-2480

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 3583 Commercial St SE

School District:Salem-Keizer School District 24j
NameGradesDistance
Salem Heights Elementary School
3495 Liberty Road South, Salem, OR 97302
K-50.5 mi
Crossler Middle School
1155 Davis Road South, Salem, OR 97306
6-82.3 mi
Sprague High School, Salem, OR
2373 Kuebler Boulevard, Salem, OR 97302
9-122.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3583 Commercial St SE

Date
Details
Price
Change
Source
9/01/2025
Sold
$135,000
-46%
MLS
3/31/2025
Price Reduced
$250,000
-28.57%
MLS
3/12/2024
Listed
$350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by MORE Realty (503) 353-6673, Simon Wong (503) 804-2480
Sold by Non Rmls Broker (503) 236-7657, OR and WA Non Rmls

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Price Reduced near 3583 Commercial St SE

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3652 Powder Creek Ct N, Keizer, OR 97303 - Photo 1 Price Reduced
-$15,000 (-2.46%)
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3652 Powder Creek Ct N  Keizer, OR 97303

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6708 14th Ave NE, Keizer, OR 97303 - Photo 1 Price Reduced
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6708 14th Ave NE  Keizer, OR 97303

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3984 Pleasant View Dr NE, Keizer, OR 97303 - Photo 1 Price Reduced
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Listed By: CRYSTAL QIAN. HU | Exp Realty, Llc

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3583 Commercial St SE, Salem, OR 97302 (MLS# 24356125) is a Business property that was sold at $135,000 on September 01, 2025. Want to learn more about 3583 Commercial St SE? Do you have questions about finding other Business real estate for sale in Salem? You can browse all Salem real estate or contact a Coldwell Banker agent to request more information.