High Visibility Development Site - Hotel, Restaurant, Retail

Highlights:

• Less than one mile to I-5
• Property is Within the Salem Airport Opportunity Zone
• Close to Salem Clinic, Costco, New Residential and Development
• MU-I Zoning

Description:

The property consists of four tax lots consisting of 4.47 total acres and located on the signalized corner of Kuebler Blvd and Battle Creek Rd SE, less than one mile from the I-5 interchange. Public utilities servicing the site (Combined) include water, stormwater, sanitary sewer, electric and natural gas. It is connected to City of Salem water. Driveway access off Battle Creek Rd is subject to Buyers Due Diligence. Zoning is MU-I with a wide array of possible uses.

*Each site is individually owned and can be purchased separately but will cooperate during adjacent site development.

Tax Lot 321635 - 1.01 Acres - Includes a 1,154 SF residential home - $22.00/SF/ Approx $967,912.00

Tax Lot 532161 - 1.74 Acres - Includes a 2,716 SF residential home and an outbuilding - $22.00/SF/ Approx $1,671,436.80 - Buyer will need to bring into USA (Urban Service Area).

Tax Lot 532160 - 1.67 Acres + Tax Lot 532159 - 0.05 Acres - Includes an older 1,974 SF residential home with a detached 484 SF garage and outbuildings $22.50/SF/ Approx $1,685,772.00

The ever-growing, dynamic, flourishing city of Salem is situated in Oregon's Willamette River Valley, one of the Nation's most fertile agricultural regions. This beautiful city is Oregon's second-largest and is located about 46 miles southwest of Portland and about 58 miles East of the Oregon coast. Salem, the capital of Oregon, serves as the core of both state agencies and the surrounding farming communities. This metro area is home to the historic downtown area, as well as the vineyard-wrapped Willamette Valley countryside. It lies at the junction of Oregon State Highways 22, 213, and 221. Interstate 5 provides transportation to the North towards Portland and transportation to the South towards Eugene.

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