2020 State Street, Salem, OR

Land for Sale - $275,000


Agent Info

Alex Rhoten

Property Info

CIMLS#1147072
Location
  2020 State Street
  Salem OR 97302
UpdatedApril 23rd, 2024
TypeLand
Price$275,000

Property Description

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


Financials