3.49 +/- ACRES | FOR SALE or BUILD-TO-SUIT

After years of private ownership, these combined 3.49± acre parcels, situated at the signalized intersection of Commercial Street SE and Wiltsey Rd SE in South Salem, Oregon, are now brought to market for sale for the first time. They occupy one of the most strategically valuable commercial positions in the greater Salem market. Commercial Street SE serves as South Salem's primary commercial spine, connecting Interstate 5 directly to the Salem city center and carrying substantial traffic counts through this intersection. South Salem is widely recognized as Salem's primary growth corridor, with sustained residential and multi-family development and significant new retail development. The surrounding trade area is anchored by an exceptional concentration of national and regional retailers, including Walmart Supercenter, Costco, Safeway, Trader Joe's, Ulta Beauty, Chick-fil-A, Taco Bell, Dollar Tree, and Courthouse Athletic Club, among others. This density of established co-tenancy generates substantial daily consumer traffic and confirms the intersection's standing as one of South Salem's premier retail nodes. The property is zoned MU-I by the City of Salem, a zone that permits a broad range of uses including multifamily, mixed-use, retail sales, restaurants and eating establishments, personal services, financial services, professional and medical office, fitness and indoor entertainment, lodging, day care, and education, accommodating a wide variety of single tenant or multi-tenant commercial concepts. Available as bare ground for sale or as a build-to-suit opportunity for qualified tenants, this site offers the rare combination of scale, signalized corner visibility, established trade-area depth, freeway proximity, and a demonstrable path to growth that defines best-in-class commercial real estate in the Pacific Northwest.Held privately for many years and now brought to market for sale for the first time, this assemblage of three contiguous tax parcels totaling 3.49± acres sits at the heart of South Salem's dominant retail corridor. An exceptional opportunity for a developer, owner-user, or prospective tenant seeking a build-to-suit solution and ready to plant their flag at one of Salem's most strategically positioned commercial intersections. Don't miss the chance to make this property the cornerstone of your investment portfolio.