588 Main StIndependence, OR 97351

Property Details for 588 Main St

Year built

1910

Lot size

0.22 AC

Property size (Sq ft)

1,065 SF

Zone code

MUPC

Property type

Land

Property subtype

Commercial land

APN

08428-BD-03900

APU

08428BD03900

Description

This exceptional .44-acre lot, encompassing 19,166.4 square feet, presents a rare development opportunity in the heart of downtown Independence, Oregon. Located at 588 & 564 S Main Street, this property is zoned MUPC-T (Multi-Use-Transitional), offering unparalleled flexibility for a diverse range of projects. The zoning allows for commercial, residential, multi-family development, or a creative blend of all three. Imagine the possibilities: a vibrant mixed-use building, a modern apartment complex, or a unique commercial space capitalizing on the high traffic counts of this central location. With a maximum building height of 40 feet (allowing for up to three stories), the potential for a substantial and impactful development is significant. The asking price for this strategically located property is $530,000. This is a chance to shape the future of Independence's downtown core and create a lasting legacy. Don't miss this exceptional opportunity to acquire a prime piece of Oregon real estate with significant upside potential. The property's address is 588 & 564 S Main Street, Independence, OR 97351.

• Alternative Use

  Use

  Valuation

  Residential

  $223,949

  Hospitality

  $205,136

  Educational

  $170,671

  Medical

  $176,540

  Retail

  $265,488

Location Insight

City

Independence

County

Polk

State

Oregon

Latitude

44.8486

Longitude

-123.185

CBSA code

41420

CBSA name

SALEM, OR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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