North Gateway Development Opportunity
3000 Blk Portland Rd NE
Salem, OR 97301
Highlights
- North Gateway Rehabilitation Grant dollars match 1-1, max $300,000
- North Gateway Urban Renewal Grant up to $20,000
- Easy access to major transportation routes
- Versatile zoning for various industrial and commercial uses
- Prime investment opportunity
- Ideal for land and industrial investors
Description
Prime industrial/commercial investment opportunity in Salem. This .25-acre parcel of land is located in Salem's North Gateway Rehabilitation & Urban Renewal program areas on Portland Rd. NE offers versatile IC zoning, making it ideal for industrial and commercial uses. The property provides easy access to major transportation routes, offering a strategic location for logistics and operations.
An additional five adjoining lots may also be available for purchase, offering the opportunity to create a contiguous parcel totaling approximately 0.78 acres. This includes the subject property and an additional 0.53 acres from the neighboring lots available.
Located in the heart of Salem, Oregon, and in its North Gateway Rehabilitation & Urban Renewal area, Portland Rd. NE offers a prime location for land and industrial investment. Just minutes from I-5, this strategic site provides excellent access to the broader Pacific Northwest market. The area is surrounded by key business hubs, including the Salem Municipal Airport and Salem Renewable Energy Park, further enhancing its appeal for commerce and industry. With established industrial neighbors and close proximity to essential amenities, this property represents a compelling opportunity for investors seeking growth in Salem’s thriving market.
