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1290 Chemeketa Street NE st - Mixed-Use Development Land 0.31 Acres of Commercial Land Offered at $325,000 in Salem, OR 97301
INVESTMENT HIGHLIGHTS
- Flat, paved surfaces
- The Salem economy is in a strong position for long-term stability
- Well-located properties in the heart of downtown Salem
EXECUTIVE SUMMARY
An ideal opportunity for developers offering a range of development option. Salem’s Mixed-Use I zoning code (MU-I) allows for a multitude of uses including multifamily, retail
and office, incentivizing mixed-use and walkability.
and office, incentivizing mixed-use and walkability.
PROPERTY FACTS
| Price | $325,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Mixed Use |
| No. Lots | 1 | Total Lot Size | 0.31 AC |
| Property Type | Land | ||
| Zoning | Mixed Use-I (MU-I) | ||
| Price | $325,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Mixed Use |
| Total Lot Size | 0.31 AC |
| Zoning | Mixed Use-I (MU-I) |
1 LOT AVAILABLE
Lot
| Price | $325,000 | Lot Size | 0.31 AC |
| Price Per AC | $1,048,387.10 |
| Price | $325,000 |
| Price Per AC | $1,048,387.10 |
| Lot Size | 0.31 AC |
Currently paved parking lot with minimal elevation, ideal for development
1 1
Walk Score®
Very Walkable (86)
Bike Score®
Very Bikeable (82)
PROPERTY TAXES
| Parcel Number | 587783 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $194,340 |
PROPERTY TAXES
Parcel Number
587783
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$194,340
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1290 Chemeketa Street NE st - Mixed-Use Development Land
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