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348 12th NE st
Salem, OR 97301
Mixed-Use Development Land · Land For Sale · 0.15 AC

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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.

PROPERTY FACTS

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Office
  • Mixed Use
  • Apartment Units
Total Lot Size 0.15 AC
Zoning Mixed Use-I (MU-I) - Mixed Use-I (MU-I) - the purpose of the zone is to promote pedestrian-oriented development in vibrant mixed-use districts.

1 LOT AVAILABLE

Lot

Price $150,000
Price Per AC $1,000,000.00
Lot Size 0.15 AC

Currently paved parking lot with minimal elevation, ideal for development

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
587827
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$100,090
  • Listing ID: 37836089

  • Date on Market: 9/26/2025

  • Last Updated:

  • Address: 348 12th NE st, Salem, OR 97301

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