$275,000 SALE
Land -Multi-Family Acreage
0.51 AC
2020 State Street
Salem, OR 97302

22,216 SF of bare land on State Street in Salem, Oregon. Preliminary site plans have been drawn for townhomes with parking. Site is estimated to fit 15 studio apartments or 4 townhome units 1200 SF (2bd/2ba) as drawn. Southern property line borders Mill Creek and is within a flood zone. Property has been partially filled and Owner intends to apply for a LOMA. Buyer to be responsible for verifying occupancy with the City of Salem. POSSIBLE MIXED-USE 2 USES: Townhomes, Duplexes, Triplexes, Quadplexes & Multifamily Outpatient Medical Services and Laboratories Government/Social Services Retail Sales & Services Offices & Professional Services

Property Type Land -Multi-Family Acreage
Zoning Mixed-Use 2
Listing ID HX6PZC
MLS ID 808568
Style Not Applicable
Lot Size 0.51 AC
Area Description

Area Description: Prime piece of Mixed-Use 2 land only 4 minutes from downtown Salem, Oregon and only 5 minutes from Interstate-5. Traffic counts at State Street and 17th Street SE: 23,112 School Districts: Richmond Elementary School, Leslie Middle School and South Salem High School.

Property Features
Sewer: City
Water: City Water
Lot Size: 1/2 - 1 Acre
Additional Media