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2540 Michigan City Ln NW

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Address: 2540 Michigan City Ln NW, Salem, OR 97304, USA

Seattle & Northwest + Land/Development

Created date: September 23, 2024

Date last updated: October 7, 2024

Currently zoned Polk County (SR) Suburban Residential
Inside the Urban Growth Boundary for the City of Salem
Designated (DR) Developing Residential in the Salem Area Comprehensive Plan
Flat topography
In the direct path of progress for residential development
Stunning views of the Cascade Mountain Range
Properties are being sold in AS-IS Where Is Condition
Buyer responsible for all due diligence

Property Description

Outstanding Residential Development opportunity located in the highly desirable West Salem Community! The sale consists of an assemblage of two separate tax lots; one is currently in Farm Deferral, an approximately 2873/SF single-family residence with 4/bd and 2.5/baths, and one shop approximately 1920/SF, and one barn. The property does have the potential to develop rental income while going through the approval process.

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Key Property Information

Listing Status:	Available
Listing Type:	Call for offers
Property Types:	Land/Development
Price:	$1,460,000
Lot Size:	4.80 Sq ft
Opportunity Zone:	No
Property Website	Click Here