For Sale
$750,000

2 ParcelsSalem, OR 97304

Prime .62-acre commercial lot, owner financing.

Overview

Added:
Feb 3
Days on market:
62
This exceptional 0.62-acre property in West Salem, Oregon presents a compelling redevelopment opportunity. Comprising three contiguous parcels, this site is ideally positioned within the West Salem Central Business District and is already zoned for commercial and mixed-use developments, offering significant flexibility for future projects. The current zoning allows for a diverse range of uses, including multi-family housing, apartments, office space, retail shops, cafes, and restaurants. Existing structures on the property, consisting of residential homes and a pole building, offer potential for creative reuse within a redevelopment plan or can be removed to create a clean slate for new construction. The property's central location and versatile zoning make it an attractive investment for developers seeking a prime location with owner carry financing options. This is a rare chance to acquire a substantial land holding in a thriving area with significant upside potential. The total land area is approximately 0.62 acres. Further details regarding the existing structures and zoning regulations are available upon request. This property is being offered at $750,000. Consider this a unique chance to shape the future of West Salem's commercial landscape. Interested parties should act quickly as this opportunity is unlikely to last. Additional information, including details on the owner carry option, can be provided.

Property Details for 2 Parcels

Property type
Office properties
Lot Size (sq. ft)
27,007 SF

Location Insight

City
Salem
County
Polk
State
Oregon
Latitude
44.94912
Longitude
-123.0483
2 Parcels, Salem, Oregon

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2 Parcels
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