For Sale
$2,700,000

110 Division StSalem, OR 97301

11,923 SF Warehouse, $2.7M, Riverfront

Overview

Added:
Dec 11, 2024
Days on market:
120
This exceptional 1.63-acre property at 110-170 Division St NE in Salem, Oregon, presents a tremendous redevelopment opportunity. Currently generating income from an existing 11,923 square foot industrial warehouse, the site offers significant potential for future development. The warehouse itself features multiple cranes, multiple grade-level doors, heavy 3-phase power, and gas and air piped throughout. Convenient on-site parking and truck turnaround areas are also included. The property boasts a prime location just north of downtown Salem, with easy access to I-5 via Salem Parkway. The zoning designation is MU-R (Multiple Family High Rise Residential), further enhanced by Riverfront High Density Residential Overlay and Willamette Greenway designations. This unique combination of existing income, prime location, and flexible zoning makes this a truly exceptional investment opportunity. The asking price is $2,700,000, translating to $226.45 per square foot. The lease type is NNN. The property is located in Marion County, Oregon, with a 97301 zip code.

Property Details for 110 Division St

Property type
Warehouses, Industrial properties
Square Feet
11,923 SF
Buildings
1
Lot Size (sq. ft)
71,003 SF

Location Insight

City
Salem
County
Marion
State
Oregon
Latitude
44.9471401
Longitude
-123.0393028
110 Division St, Salem, Oregon

FAQs

What type of property is this?
Warehouse - 11,923 SF Warehouse, $2.7M, Riverfront
Where is the warehouse located?
The property is located at 110 Division St Salem, OR.
What is the asking price?
The asking price for this property is $2,700,000.
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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110 Division St
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