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.
- 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
|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
1450 Front St NE