Redevelopment Opportunity | Hwy 22 & Gaffin Rd Interchange

5695 Gaffin Rd SE, Salem, OR

$1,900,000

Price

5 acres

Lot Area

Commercial

Zoning

Overview
Lot Area
5 acres
Zoning
Commercial
Description

The subject property is located in Marion County, just westerly of Highway 22/Gaffin Road interchange. This portion of Hwy 22, aka Santiam Hwy, is a major transportation corridor and is a primary route between Salem and the central Willamette Valley and Central Oregon.

4 Top Corporate Neighbors | AMAZON | FEDEX | HOME DEPOT | LINEAGE LOGISTICS
House, shop, and warehouse leased on month-to-month tenancies
Approximately $3070 monthly net income
Adjacent to Hwy 22
Approximately 3 miles to Interstate 5
The property was recently re-zoned to Commercial
This part of Salem is a rapid area of industrial development
Property served by a well and septic system.
Well installed in 2008 | approx. 102’ deep | Static Level 38.2 | GPM 20-30
House was built in 1954 | 1,364 +/- SF
Pole building constructed in 2012 - 2240/SF | Storage building construction in 1989 - 3744/SF
Zone-Commercial (Marion County)
Second Largest MSA in Oregon with 170,000 + residents
Located in Marion County
Please do not disturb tenants
Seller financing available – Please call listing broker to discuss

An excellent opportunity to purchase a redevelopment opportunity and generate some short-term income while going through the permitting process.
The property currently consists of 5 acres with a pole building, a storage building, and a residential home, all served by a well and septic system. This prime location offers unparalleled convenience and accessibility, making it an ideal choice for companies seeking efficient transportation and distribution capabilities. With its strategic position adjacent to Hwy 22 and close proximity to Interstate 5, this property presents a unique opportunity for growth and success.

Highlights
  • Max Contiguous Area: 3744.0
  • Min Divisible Area: 2240.0
  • Sewer: Private
  • Lot Size: 2-5 Acres
  • Water: Well
Documents

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Listing ID: 6b8fbffb-4897-4c90-ad3d-b43aa6f3f843
Location
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