Redevelopment Opportunity | West Salem

For Sale

2540 Michigan City Ln NW, Salem, OR 97304

This Salem property for sale is located at 2540 Michigan City Ln NW. The current listed sale price for Redevelopment Opportunity | West Salem is $1,460,000. Redevelopment Opportunity | West Salem is situated on a lot that is 4.8 acre in size.

Contacts

broker
Shadya Jones

Coldwell Banker Commercial Mountain West Real Estate

Property Details

  • Property Type VacantLand
  • Lot Size 4.8 Acre
  • Date Updated Apr 24, 2025
This outstanding Residential Development opportunity is located in the highly desirable West Salem Community adjacent to the newly completed Misty Meadows residential community! The sale consists of an assemblage of two separate tax lots; one is currently in Farm Deferral, an approximately 2873/SF single-family residence with 4/bd and 2.5/baths, and one shop approximately 1920/SF, and one barn. The property does have the potential to develop rental income while going through the approval process.
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Highlights

  • Currently zoned Polk County (SR) Suburban Residential Inside the Urban Growth Boundary for the City of Salem Designated (DR) Developing Residential in the Salem Area Comprehensive Plan Flat topography In the direct path of progress for residential development Stunning views of the Cascade Mount...

Attachments

Getting around

  • 4/100

    Walk Score ®

  • 37/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Salem, OR
  • Zip Code 97304
  • Market Eugene

Points of Interest

  • Salem

    4.39 miles

  • Brooks Historical Society Depot

    6.99 miles

  • Hopmere Station

    7.08 miles

  • 76

    1.18 miles

  • Space Age

    2.68 miles

  • Blink

    2.89 miles

  • ChargePoint

    2.90 miles

  • Pacific Pride

    2.91 miles

  • Circle K

    2.91 miles

  • Mobil

    3.59 miles

  • Wallace Road Park and Ride

    1.08 miles

  • Trailer Parking

    1.49 miles

  • Walsh's Landing Trailhead

    1.50 miles

  • School House Square Parking lot

    2.87 miles

  • North Salem Safeway Park and Ride

    2.94 miles

  • Riverfront Park (North Lot)

    3.38 miles

  • Marion Parkade

    3.49 miles

  • Chemeketa Parkade

    3.51 miles

  • Riverfront Park (South Lot)

    3.54 miles

  • Liberty Square Parkade

    3.67 miles

  • Wittenburg Inn

    3.03 miles

  • Holman Riverfront Park Hotel Salem, Tapestry Collection by Hilton

    3.60 miles

  • Grand Hotel

    3.69 miles

  • Motel 6

    3.77 miles

  • Traveler's Inn

    3.81 miles

  • Knights Inn

    4.39 miles

  • Rodeway Inn

    4.41 miles

  • Holiday Inn Express

    4.62 miles

  • Holiday Inn

    4.85 miles

  • Shilo Inn and Suites

    4.90 miles

  • Roth's

    2.74 miles

  • Fred Meyer

    2.75 miles

  • Bi-Mart

    2.78 miles

  • Keizer Village Shopping Center

    2.82 miles

  • Safeway

    3.00 miles

  • WinCo Foods

    3.14 miles

  • Grocery Outlet

    3.23 miles

  • Cash & Carry

    3.42 miles

  • Ross

    3.53 miles

  • Kohl's

    3.54 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Shadya Jones

Coldwell Banker Commercial Mountain West Real Estate

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