Courtesy of COLDWELL BNKR/COMMERCIAL DIV, , Direc: 503-884-6281 

Active

2540 Michigan City Ln

Salem OR, 97304

$1,460,000


$508.18 per sqft

Active

4 Beds

2.5 Baths

2,873 sqft

Residential

Built in 1980

Outstanding Residential Development opportunity. Sale includes an assemblage of two separate tax parcels (R400792-bare land 2.80AC & R267146-Residence, shop and barn-2.80AC). Residence is approx 2873/SF and Shop is approx 1920/SF. The property does have the potential to develop rental income while going through the approval process-PLEASE DO NOT DISTURB OWNER. *Sold in AS-IS Where Is Condition*See marketing brochure for add'l details.*Buyer responsible for all due-diligence

790617

MLS ID

April 4, 2022

Listed

February 16, 2024

Updated

Map

2540 Michigan City Ln
Salem OR, 97304

Interior Features

Bedrooms

4 Beds


Bathrooms

2.5 Baths


Interior Features

Formal, Heat Pump


Appliances

Yes, Electric, Electric, Range Included


Floor Description

Carpet, Vinyl, Wood


Fireplace

Yes


Fireplace Description

Family Room


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

4.8 Acres


Exterior Features

2 Story, Barn, Separate Shop


Lot Features

Partial, Other (Refer to Remarks)


Roof

Composition


Sewer

No

School Information

High School

West Salem


Elementary School

Brush College

Other Property Details

Area Name

60 NORTHWEST SALEM


Garage

Yes


Garage Spaces

2


View

Yes


View Description

Mountain, Territorial


County

Polk


Water Source

Well


Pool

No


Buyer Agency Compensation

2.5%

Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

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