- For Lease $18.00/SF/YR
- Property Type Retail
- Property Size 12,236 SF
- Lot Size 0.21 Acre
- Year Built 1889
- Date Updated Apr 30, 2026
True
1 Space Available
Space Available
Restaurant
$18.00/SF/YR
5,000 SF
2,000 - 5,000 SF
Immediate
NNN
Yes
No
Yes
2,000 - 5,000 SF (900 SF BASEMENT INCLUDED)
Unlock the potential of this 5,000 SF turnkey restaurant/bar space, ideally positioned in the heart of downtown Salem. Formerly home to the Night Deposit nightclub, this property offers an exceptional foundation for a new operator. Located along one of downtown’s main arterials, the site benefits from outstanding visibility, constant pedestrian activity, and strong daily traffic counts. The space includes approximately 900 SF of additional basement storage, providing ample room for operations, inventory, back-of-house uses, and flexibility. With its prominent location, strong surrounding retail, and built-in downtown energy, this property is positioned to attract both local regulars and visitors alike.
Contacts
First Commercial Real Estate
First Commercial Real Estate