Riverfront Residential Development
For Sale
Contact for pricing
Pending
102 Pine St NE., Salem, OR 97301
Riverfront land totaling approximately 55,762 square feet with seven lot development readiness and approved flexibility for residences or duplexes.
Property SizeContact for details
Lot Size1.28 Acres
Days on Market122
Property Features for 102 Pine St NE.
General Information
Standard status
Pending
Lot size
1.28 Acres
Property subtype
Land
Zoning
Industrial Commercial
Additional Details
Opportunity Zone
Yes
Listing Agency:
Marcus & Millichap - Portland
Listed By:
Sean Houser · License #OR 201227297
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Apr 10 at 11:09PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Portland
Investment Insights
Based on property information with market context.
Marcus & Millichap, as exclusive advisor, presents an opportunity to acquire riverfront development land consisting of seven lots. The property is described as a ready-to-develop residential set of lots, with regulatory approvals including a Class 2 Greenway Development Permit, a Class 2 Zoning Adjustment, and a Conditional Use.
The site is located on the western bank of the Highland Neighborhood, just minutes from downtown Salem and near local retail destinations, parks, schools, and the Broadway @ Pine Transit Station. The property line begins at the low water mark in the river, allowing construction to extend closer to the river than is typically permitted.
According to the provided information, the land is zoned Industrial Commercial and supports development of single family residences or duplexes through the stated approvals and Conditional Use.
The site is located on the western bank of the Highland Neighborhood, just minutes from downtown Salem and near local retail destinations, parks, schools, and the Broadway @ Pine Transit Station. The property line begins at the low water mark in the river, allowing construction to extend closer to the river than is typically permitted.
According to the provided information, the land is zoned Industrial Commercial and supports development of single family residences or duplexes through the stated approvals and Conditional Use.
Key Highlights
- Riverfront residential development‑ready land totaling approx. 55,762 SF
- Ready set of seven lots for development
- Zoned Industrial Commercial with approvals including Class 2 Greenway Development Permit and Class 2 Zoning Adjustment
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
552
Businesses Nearby
Explore this area
Business Placement
Demographics for 97301, OR
56,393
Population
21,419
Households
2.6
Avg Household Size
34
Median Age
18%
College-Educated
81%
High-School Grad
11.3 sq mi
ZIP Area
4,991
Density / Sq Mi
$57,497
Median Household Income
$33,220
Median Earnings
$1,197
Median Rent
$310,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Waterfront Land - Riverfront land totaling approximately 55,762 square feet with seven lot development readiness and approved flexibility for residences or duplexes.
Where is this waterfront land located?
The property is located at 102 Pine St NE. Salem, OR.
What are key features of this property?
This property features: Riverfront residential development‑ready land totaling approx. 55,762 SF; Ready set of seven lots for development; Zoned Industrial Commercial with approvals including Class 2 Greenway Development Permit and Class 2 Zoning Adjustment
