Courtesy of SVN COMMERCIAL ADVISORS, LLC, , Direc: 503-588-0400 

Active

740 Bassett St

Salem OR, 97304

$6,900,000


$29.94 per sqft

Active

230,432 sqft

Commercial

With very few available commercial parcels of any size available in West Salem, the positioning of the former RainSweet location is an ideal asset for current industrial owners and redevelopers alike. Through the City of Salem's comp plan amendment, the property in question was rezoned to MU-III (Mixed Use 3). Housing needs in Salem are being prioritized by the City, and the MU-III zone is particularly favorable toward the development of retail and multifamily housing in the future.

806380

MLS ID

June 16, 2023

Listed

February 16, 2024

Updated

Map

740 Bassett St
Salem OR, 97304

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

5.29 Acres

Other Property Details

Area Name

60 NORTHWEST SALEM


Days on Market

227


Garage

No


View

No


County

Polk


Pool

No


Buyer Agency Compensation

2%

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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