5.3 Acres of Improved Commercial Land for Sale in Salem, Oregon

740 Bassett St NW, Salem, OR 97304

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5.3 Acres of Improved Commercial Land for Sale in Salem, Oregon
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$6,900,000
5.29 acres
Active sale agoEst $70,295/mo

With very few available commercial parcels of any size available in West Salem, the positioning of the former RainSweet location is an ideal asset for current industrial owners and redevelopers alike. Through the City of Salem's comp plan amendment, the property in question was rezoned to MU-III (Mixed Use 3). Housing needs in Salem are being prioritized by the City, and the MU-III zone is particularly favorable toward the development of retail and multifamily housing in the future.

Property details

County
Polk County
Coordinates
44.9451, -123.0517
Elevation
151 feet
MLS Number
WVMLS 806380
Date Listed

This 5.29-acre property is located at 740 Bassett St NW in Salem, OR 97304 with latitude 44.9451 and longitude -123.0517. The property is currently available for sale for $6,900,000 with a price per acre of $1,304,348. Listing data is sourced from Willamette Valley Multiple Listing Service # 806380.

Verify sale details at the property source or contact SVN Commercial Advisors at (503) 588-0400.

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Listing checked and updated . Parcel data by Regrid.

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Land for sale in Salem, OR