Courtesy of REAL BROKER, CHRISTINE FOLZ, Agent: 503-949-3087 

Active

1221 River Bend Rd

Salem OR, 97304

$7,900,000


$732.84 per sqft

Active

10,780 sqft

Commercial

Unique Retail Investment Opportunity in Expanding West Salem:Checkpoint 221 & The Shops at Riverbend.This highly anticipated development includes the food truck & pavilion business, property & fully leased retail building. 4-unit shopping center, a lively food truck pod & a vibrant pavilion w/full bar, this property has become the go-to neighborhood center for both shopping and relaxation. Prime location adjacent to a 48-unit apartment complex & another 201-unit apartment complex under construction. Excellent traffic counts and exposure on Wallace Road at a signalized intersection, visibility and accessibility of this property are second to none. The Checkpoint 221 business and the Investment property are also offered separately. Please inquire with listing brokers.

817861

MLS ID

June 6, 2024

Listed

August 23, 2024

Updated

Map

1221 River Bend Rd
Salem OR, 97304

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

1.95 Acres


Lot Features

Paved


Sewer

City

Other Property Details

Area Name

60 NORTHWEST SALEM


Taxes

$16,775


Tax Frequency

Annually


Days on Market

38


Garage

No


View

No


County

Polk


Pool

No


Waterfront

Yes

Listing History

Date

Event

Price

7/14/2024

Price change

$7,900,000

-12%

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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