HomePropertiesFront-Hood-Commercial Parcels
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Front-Hood-Commercial Parcels

Salem, OR

1,450,000
14448

Sale include 4 parcels, One industrial building, 2 vacant lots, and a single family residence.

All are vacant now. Zoning is a mix of CO and IG. There is also the North Willamette River Overlay Zone applied to the property. The 4 parcels straddle a city alley, giving potential for frontage on 2 streets and internal circulation via the alley. Commercial ST NE is Hwy 99E and has a trip count on this section of 18,000 ADT. The main building is 13,515 SF and total acreage of the 4 parcels is .84 (36,590 SF). The Home requires a complete remodel from its current state. The last occupancy was 2019 and the home was not previously maintained.

Investment Highlight

  • Exposure on Front St. and Commercial St.
  • Variety of directions for redevelopment- rezone, residential development, mixed use commercial, etc…
  • Corner lot is available to purchase from separate owner

PROPERTIES

ADDRESS PROPERTY TYPE SIZE YEAR BUILT
1450 Front St NE, Salem, OR Industrial 13,515 1950
275 Hood St NE, Salem, OR Specialty 933 1930
1445 Commercial St, Salem, OR Land 0.38
1475 Commercial St, Salem, OR Land 0.84

Built in: Mixed

Outside Space: 73616.4 sq ft

Location

1450 Front St NE

Salem, OR


Ian Levin, Commercial Real Estate Agent

Agent Ian Levin

Mobile : 503-383-8173

Email : ian@nathanlevinco.com