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515 12Th St SE Salem, OR 97301

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For Sale
Contact for pricing

Land and building available for lease or sale in Salem.

Lot size:
1.73 Acres

Property Features for 515 12Th St SE

General Information

Lot size
1.73 Acres

Source: Be RETAIL Agent Brynn Estelle Telkamp

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

75,461 SF Land and Building

This property offers a building for lease with 9,297 square feet, or land and a building for sale with 75,461 square feet. The site is comprised of three contiguous parcels. There are 101 parking spaces available. Located contiguous to Salem Health & Hospital and across the street from Willamette University, the site benefits from its proximity to these landmarks. The property is situated in an Opportunity Zone. A variety of uses are acceptable from the Landlord/Seller perspective, pending jurisdictional approval, including restaurant, entertainment, casino, cannabis, medical, office, student housing, fitness, storage, pharmacy, quick service restaurant, hotel, and residential housing. The parcels are zoned CR - Retail Commercial, CO - Commercial Office, and CG - Gen. Commercial.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Cardtronics ATM Atm RAM Restaurant & Brewery Brewpub

Suggested Use

Restaurant Realty agency Building Supply Law Firm Dental Office Wholesale Shop Spa & Massage Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Salem
County
Marion
State
Oregon
Longitude
-123.0295104
Latitude
44.9329681

FAQs

What type of property is this?
Commercial land - Land and building available for lease or sale in Salem.
Where is this commercial land located?
The property is located at 515 12Th St SE Salem, OR.
What are key features of this property?
This property features: - Prime location next to Salem Health & Hospital and Willamette University.; - Opportunity Zone designation offers potential tax benefits.; - Unrestricted uses allowed, including restaurant, entertainment, casino, cannabis, medical, hotel, and residential housing (subject to jurisdictional approval).
More about this property
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