370 Veall LN, Salem, OR 97304
sale
$1,250,000
|
Other
Courtesy Of Real Broker, LLC
Prime redevelopment opportunity in West Salem! Potential for a variety of uses, including multi-family housing, apartments, office space, retail shops, cafes & restaurants. Five contiguous parcels totaling around 1.25 acres (including the current alley). Located within the West Salem Central Business is already zoned for commercial & mixed-use developments. Existing structures (residential homes, a pole building & a mini storage business) could either be leveraged in the redevelopment plans or potentially cleared for a fresh start. Current rents being below market value indicates a potential for increased revenue.
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Heating System: Other
- Legal Description: WSCB
- MLSID: 23136436
- Roof Type: Unknown
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