310 McNary Ave NW, Salem, OR 97304

Colliers is pleased to present 310 McNary Ave NW, a multifamily redevelopment opportunity located in Salem, Oregon. The offering consists of an existing four-unit multifamily property and an adjacent parking lot situated across two tax lots, presenting investors and developers with the opportunity to generate in-place income while exploring future development potential.

Positioned on approximately 0.51 acres, the property offers excess land that may support additional multifamily density, subject to buyer verification. The site benefits from its corner positioning, existing paved parking field, and proximity to major commuter routes, neighborhood amenities, and employment centers throughout Salem.

With existing cash flow and long-term redevelopment potential, 310 McNary Ave NW presents a compelling opportunity to acquire a covered land play within an established residential submarket.