- For Sale $365,000
- Property Type VacantLand
- Lot Size 0.54 Acre
- Date Updated Jul 2, 2026
Description
Nearby, you'll find the Oregon State Capitol, Salem Convention Center, and Riverfront Park, providing prime access to government, business, and recreational facilities. The area also benefits from the North Gateway Grant Program, offering financial incentives for property improvements and business development. Enjoy a variety of dining options, local shops, and easy access to major transportation routes, including the I-5, just a short distance away.Consisting of five tax lots totaling approximately .53 acres, is ideally situated near I5 and boasts urban renewal incentives. With its advantageous location and IC zoning with Portland/Fairgrounds Overlay, this offering holds immense potential for development.
Urban Renewal allows for a 1:1 match of applicable expenses (see link for details). Example: $600,000 is spent on applicable costs, Buyer can get up to $300,000 reimbursed.
Highlights
- Five Tax lots totaling approximately 23,522 SF /.53 Acres
- IC Zoning with Portland/Fairgrounds Overlay
- North Gateway Urban Renewal Zone (See link for more info)
- Tax Lots 526418, 526416, 526415, 526413, 526410
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Contacts
Alex Rhoten
Mountain West Real Estate
Location
Located at 3005 Portland Rd NE, Salem, OR 97301, this property is part of the Northgate neighborhood and Eugene market.
Contact Listing Broker
Alex Rhoten
Mountain West Real Estate