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23781511
23781512

Madras and Commercial St S, Salem, OR 97306

Coldwell Banker
Coldwell Banker Commercial Mountain West Real Estate
Listed by Coldwell Banker, Coldwell Banker Commercial Mountain West Real Estate
$1,074,000
364 days on market
Updated 156 days ago

Madras and Commercial St S

Details
Property Type Land
Sub Type Commercial, Other
Acreage 1.210

Land | 1.21 acres

Marketing description

South Salem is being redeveloped with new businesses and more multifamily housing. The site is part of the South Gate Overlay Zone. Located on the corner of SE Madras St and SE Commercial St, this piece of bare land property is less than a mile to I-5 S and less than 3 miles to I-5 N. The property has a traffic light at the intersection, providing easy access to Commercial Street. Sought after 1.21 gross acres on the corner of Madras and Commercial St SE - high visibility near a signalized intersection. Site has a SW slope and contains fill from the adjacent site, the Buyer to complete due diligence on the use or removal of fill. The site has a 30 Ft wide access easement along the west side of the property line (approximately 8,218 +/- SF) + green space between the road and the property line (approximately 12 Ft wide / 2650 +/- SF). Net usable size is estimated at 41,839.23 SF - Buyer to independently verify and complete Buyers own due diligence.
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Listing Contacts

Coldwell Banker
Coldwell Banker Commercial Mountain West Real Estate
Listed by Coldwell Banker, Coldwell Banker Commercial Mountain West Real Estate

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