3005 NE Portland Rd, Salem, OR 97301
Land 
Built in —— 
0.53acre lot
—— car garage 
$——/sqft 
Listed 10 days ago
Property Description
Consisting of five tax lots totaling approximately .53 acres, is ideally situated near I5and boasts urban renewal incentives. With its advantageous location and IC zoningwith Portland/Fairgrounds Overlay, this offering holds immense potential fordevelopment.Urban Renewal allows for a 1:1 match of applicable expenses (see link for details).Example: $600,000 is spent on applicable costs, Buyer can get up to $300,000reimbursed. Buyer to confirm terms and stipulations with the city. Nearby, you'll find the Oregon State Capitol, Salem Convention Center, and Riverfront Park, providing prime access to government, business, and recreational facilities. The area also benefits from the North Gateway Grant Program, offering financial incentives for property improvements and business development. Enjoy a variety of dining options, local shops, and easy access to major transportation routes, including the I-5,just a short distance away.
- Listing Status:
- Active
- Listing Office:
- COLDWELL BNKR/COMMERCIAL DIV : 503-588-3508
- Listing Agent:
- ALEX RHOTEN : 503-587-4777
- MLS ID:
- 832067
- Originating MLS: Black Knight 2 - Willamette Valley Multiple Listing Service
- County: Marion
This listing courtesy of ALEX RHOTEN, COLDWELL BNKR/COMMERCIAL DIV
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Washington Elementary School
3165 Lansing Ave NE, Salem, OR, 97301
Grades PK-5
0.61 miles away
Jane Goodall Environmental Middle Charter School
999B Locust St NE, Salem, OR, 97301
Grades 6-8
0.58 miles away
Early College High School
4071 Winema Pl NE Bldg 50, Salem, OR, 97305
Grades 9-12
1.55 miles away
