Commercial for Sale: 370 NW Veall LN, Salem, OR 97304

7,350 sqft
$1,100,000
$1,100,000
370 NW Veall LN, Salem, OR 97304
7,350 sqft
$1,100,000
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Price:
$1,100,000
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Type Commercial
Square Feet 7,350 sqft
Lot Size 1.25 acres
Year Built 1916
Taxes Paid $7,682
City Salem
Area 168 - Polk Co: West Salem N
County Polk
MLS 23136436
Status Active
DOM 711 days
Prime redevelopment opportunity in West Salem! Potential for a variety of uses, including multi-family housing, apartments, office space, retail shops, cafes & restaurants. Five contiguous parcels totaling around 1.25 acres (including the current alley). Located within the West Salem Central Business is already zoned for commercial & mixed-use developments. Existing structures (residential homes, a pole building & a mini storage business) could either be leveraged in the redevelopment plans or potentially cleared for a fresh start. Current rents being below market value indicates a potential for increased revenue.

Lot & Building Features

Heating Other
Sewer Public Sewer
Water Public Water

Price History of 370 Veall LN, Salem, OR

Date Name Price Difference
02/22/2023 Listing Price $1,100,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Photo of Don Nunamaker, Realtors
Direct: 541-386-4400
Office
2495 Cascade Ave.
Hood River, OR 97031
541-386-4400
Listed by Real Broker, Christine Folz
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370 Veall LN (MLS #23136436) is a commercial listing located in Salem, OR. This commercial listing is 7,350 sqft and on a lot of 54,450 sqft (or 1.25 acres) and is 109 years old. This property was listed on 01/22/2025 and has been priced for sale at $1,100,000.

Nearby zip codes are 97301, 97302, 97303, 97305 and 97306. This property neighbors other cities such as Keizer.

RMLS

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Listing information courtesy of: Real Broker

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS. of Portland, Oregon. Real estate listings held by brokerage firms other than Don Nunamaker, Realtors are marked with the RMLS. logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS., Portland, Oregon.