For Sale
$408,290

1890 16Th StSalem, OR 97302

Prime Salem location, IG zoning, investment opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional 9.8-acre industrial site, known locally as Walling Pond, presents a unique investment opportunity in Salem, Oregon. Currently utilized as a recreational quarry pond, the property is zoned Industrial General (IG), offering significant potential for future development. Comprising two tax lots (27991 & 527880), this land parcel is strategically located within the McGilchrist industrial corridor, conveniently situated near the intersection of McGilchrist St SE and 16th St SE, at 1890 16th St SE, Salem, OR 97302. The asking price of $408,290 reflects the current tax-assessed value, anticipating a future change of use from its existing recreational purpose. This property offers substantial acreage for various industrial applications, making it an attractive prospect for businesses seeking a well-positioned site in a thriving industrial area of Marion County. The location provides easy access to major transportation routes, enhancing its logistical appeal. This is a rare opportunity to acquire a sizable industrial lot with significant upside potential in a desirable Oregon location.

Highlights

  • 9.8-acre industrial site in Salem, OR.
  • Currently a recreational quarry pond.
  • Comprises two tax lots (27991 & 527880).
  • List price: $408,290.

Property Details for 1890 16Th St

Property type
Land, Industrial properties
Lot Size (sq. ft)
426,888 SF

Location Insight

City
Salem
County
Marion
State
Oregon
Latitude
44.918814022556
Longitude
-123.02527408201
1890 16Th St, Salem, Oregon

FAQs

What type of property is this?
Land - Prime Salem location, IG zoning, investment opportunity.
Where is the land located?
The property is located at 1890 16Th St Salem, OR.
What is the asking price?
The asking price for this property is $408,290.
What are key features of this property?
This property features: 9.8-acre industrial site in Salem, OR.; Currently a recreational quarry pond.; Comprises two tax lots (27991 & 527880).
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1890 16Th St
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