Listing Courtesy of: Christine Folz - Real Broker
503-360-1640
$1,100,000
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370 Veall Ln Salem, OR 97304
Other
Residence
Beds
Baths
7,350
Sq. Ft.
1.25
Acre
Lot
Property Activity
Time on Site
days
Days on Market
Views
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Prime redevelopment opportunity in West Salem! Potential for a variety of uses, including multi-family housing, apartments, office space, retail shops, cafes & restaurants. Five contiguous parcels totaling around 1.25 acres (including the current alley). Located within the West Salem Central Busines...s is already zoned for commercial & mixed-use developments. Existing structures (residential homes, a pole building & a mini storage business) could either be leveraged in the redevelopment plans or potentially cleared for a fresh start. Current rents being below market value indicates a potential for increased revenue.
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MLS#
23136436
Property Type
Other
Status
Year Built
1916
Square Feet
7,350
sq. ft
Lot Size
1.25
Sewer
Public Sewer Available
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