Madras at Commercial St SE, Salem, OR 97306

Salem
Local realty services provided by:Knipe Realty ERA Powered
Listed by: alex rhoten, kelsi sandsAgent: 503-587-4777
Office: coldwell bnkr/commercial div503-588-3508
MLS#:824520
Source:OR_WVMLS
Madras at Commercial St SE,Salem, OR 97306
$1,074,000
  • 1.21 Acres
  • Lots / Land
  • Active

Price summary

  • Price:$1,074,000

About this home

Sought after 1.21 gross acres on the corner of Madras and Commercial St SE - high visibility near a signalized intersection.Site has a SW slope and contains fill from the adjacent site, the Buyer to complete due diligence of the use and removal of the fill. South Salem is being redeveloped with new businesses and moremultifamily housing. The site is part of the South Gate OverlayZone.

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Home facts

  • Listing ID #:824520
  • Added:532 day(s) ago
  • Updated:June 24, 2026 at 03:29 PM

Structure and exterior

  • Lot area:1.21 Acres

Schools

  • Elementary school:Battlecreek

Finances and disclosures

  • Price:$1,074,000
MLS LogoBased on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. OR_WVMLS Member Broker: Jeff Knipe

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