Salem OR Commercial for Sale
$1,100,000
Veall (Plus 4 Parcels) NW Salem, OR 97304
- Type:
- Office
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1.25 Acres
- Baths:
- MLS#:
- 819568
ADDITIONAL INFORMATION
Prime redevelopment opportunity West Salem! Potential for variety of uses, including multi-family, apartments, office, retail shops, cafes & restaurants. Five contiguous parcels totaling aprox 1.25 acres(including current alley).Located w/in West Salem Central Business zoned for commercial & mixed-use developments. Existing structures(residential homes, pole building & mini storage business)could either be leveraged in redevelopment plans or potentially cleared for fresh start. Current rents below market
$7,900,000
1221 RIVER BEND Rd Salem, OR 97304
- Type:
- Other
- Sq.Ft.:
- 10,780
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1.95 Acres
- Year built:
- 2022
- Baths:
- MLS#:
- 24302741
View additional info
Courtesy: Real Broker
503-360-1640
ADDITIONAL INFORMATION
Unique Retail Investment Opportunity in Expanding West Salem:Checkpoint 221 & The Shops at Riverbend.This highly anticipated development includes the food truck & pavilion business, property & fully leased retail building. 4-unit shopping center, a lively food truck pod & a vibrant pavilion w/full bar, this property has become the go-to neighborhood center for both shopping and relaxation. Prime location adjacent to a 48-unit apartment complex & another 201-unit apartment complex under construction.
$7,900,000
River Bend NW Salem, OR 97304
- Type:
- Other
- Sq.Ft.:
- 10,780
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1.95 Acres
- Baths:
- MLS#:
- 817861
ADDITIONAL INFORMATION
Unique Retail Investment Opportunity in Expanding West Salem:Checkpoint 221 & The Shops at Riverbend.This highly anticipated development includes the food truck & pavilion business, property & fully leased retail building. 4-unit shopping center, a lively food truck pod & a vibrant pavilion w/full bar, this property has become the go-to neighborhood center for both shopping and relaxation. Prime location adjacent to a 48-unit apartment complex & another 201-unit apartment complex under construction. Excellent traffic counts and exposure on Wallace Road at a signalized intersection, visibility and accessibility of this property are second to none. The Checkpoint 221 business and the Investment property are also offered separately. Please inquire with listing brokers.
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.62 Acres
- Baths:
- MLS#:
- 812853
ADDITIONAL INFORMATION
Prime redevelopment opportunity in West Salem with owner carry option! Potential for a variety of uses, including multi-family housing, apartments, office space, retail shops, cafes & restaurants. 3 contiguous parcels totaling around .60 acres. Located within the W. Salem Central Business is already zoned for commercial & mixed-use developments. Existing structures (residential homes, a pole building) could either be leveraged in the redevel plans or potentially cleared for a fresh start. See also 812911.
$1,100,000
370 Veall Ln Salem, OR 97304
- Type:
- Other
- Sq.Ft.:
- 7,350
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1.25 Acres
- Year built:
- 1916
- Baths:
- MLS#:
- 23136436
View additional info
Courtesy: Real Broker
503-360-1640
ADDITIONAL INFORMATION
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 Business 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.
Salem Real Estate
The median home value in Salem, OR is $399,000. This is lower than the county median home value of $428,100. The national median home value is $338,100. The average price of homes sold in Salem, OR is $399,000. Approximately 51.91% of Salem homes are owned, compared to 42.65% rented, while 5.44% are vacant. Salem real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Salem real estate agent to arrange a tour today!
Salem, Oregon 97304 has a population of 174,193. Salem 97304 is less family-centric than the surrounding county with 31.65% of the households containing married families with children. The county average for households married with children is 31.98%.
The median household income in Salem, Oregon 97304 is $62,185. The median household income for the surrounding county is $70,238 compared to the national median of $69,021. The median age of people living in Salem 97304 is 35.7 years.
Salem Weather
The average high temperature in July is 81.1 degrees, with an average low temperature in January of 34.8 degrees. The average rainfall is approximately 44.9 inches per year, with 3.9 inches of snow per year.