Waterfront Commercial Development
For Sale
$8,000,000
1750 Edgewater St NW, Salem, OR 97304
Commercial general-zoned waterfront land totaling 10 tax lots with approximately 2,400 linear feet along the Willamette River.
Property SizeContact for details
Lot Size53.10 Acres
Days on Market60
Property Features for 1750 Edgewater St NW
General Information
Standard status
Active
Lot size
53.10 Acres
Property subtype
Land
Zoning
CG
Listing Agency:
Capacity Commercial Group
(503) 222-2655
Listed By:
Nicholas Diamond · License #OR #200403266
Source:
Corfac
Added: Jun 23
Changed: Aug 21
Last Checked: Aug 21 at 4:54AM
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 Capacity Commercial Group
Investment Insights
Based on property information with market context.
This listing offers 10 tax lots totaling 53.1 acres of waterfront commercial development land in Salem. The property is zoned CG – Commercial General, with multifamily allowed over retail, and includes an estimated 33 acres of developable area, subject to verification of new cut/fill requirements.
The site provides approximately 2,400 linear feet of frontage along the Willamette River. A 2021 appraisal is referenced at $13,240,000.
Because the parcel comprises multiple lots and a significant waterfront frontage, it may be well suited for projects that align with the CG zoning structure allowing multifamily above retail. Prospective buyers should confirm developable acreage and any site-specific requirements during due diligence.
The site provides approximately 2,400 linear feet of frontage along the Willamette River. A 2021 appraisal is referenced at $13,240,000.
Because the parcel comprises multiple lots and a significant waterfront frontage, it may be well suited for projects that align with the CG zoning structure allowing multifamily above retail. Prospective buyers should confirm developable acreage and any site-specific requirements during due diligence.
Key Highlights
- 10 tax lots totaling 53.1 AC in Salem, Oregon
- CG – Commercial General zoning, with multifamily allowed over retail
- ~2,400 linear feet of frontage along the Willamette River
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
316
Businesses Nearby
Explore this area
Business Placement
Demographics for 97304, OR
34,102
Population
14,547
Households
2.3
Avg Household Size
40
Median Age
39%
College-Educated
93%
High-School Grad
56.8 sq mi
ZIP Area
600
Density / Sq Mi
$91,731
Median Household Income
$53,370
Median Earnings
$1,441
Median Rent
$469,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Waterfront Land - Commercial general-zoned waterfront land totaling 10 tax lots with approximately 2,400 linear feet along the Willamette River.
Where is this waterfront land located?
The property is located at 1750 Edgewater St NW Salem, OR.
What is the asking price?
The asking price for this property is $8,000,000.
What are key features of this property?
This property features: 10 tax lots totaling 53.1 AC in Salem, Oregon; CG – Commercial General zoning, with multifamily allowed over retail; ~2,400 linear feet of frontage along the Willamette River
