1750 Edgewater St NW Salem, OR 97304

Listing agency Capacity Commercial Group n***@capacitycommercial.com Show Phone

Listed by Nicholas Diamond · License #OR #200403266

Source Corfac

Added: Jun 23 Updated: Jul 21 at 8:27PM Checked: Jul 22 at 4:07AM

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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.

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

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FAQs

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