7102 SE Cains PL Salem, OR $ 7,727,700
7102 SE Cains PL
$ 7,727,700
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7102 SE Cains PL

Salem, OR, 97306
$ 7,727,700
Baths0.0 Sq 5,744

Monthly Estimate*

$ 53,980

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Studio

Commercial Property for sale in Salem, OR

for $7,727,700. This 5,744 square foot building was built in 1989 on a lot size of 47.97.

48-acre opportunity in South Salem, neighboring Cinnamon Hill and Sabre Ridge. Recently annexed, RS (single family) zone to West and RM2 (multifamily) to the North. Ownership working to determine highest and best use of property, bring ideas. Street and utility stubs at the west & north end, the site is prime for a planned unit development or subdivision. Two existing dwelling units with multiple outbuildings. Excellent opportunity for investors seeking a well-connected and ready-to-develop property.

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Commercial Active

Price

$ 7,727,700

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 18,475

Style

Commercial

Lot Size

47.97

Year Built

1989

Town/City

Salem

County/Region

Marion

MLS | Web ID

23134773

Features
General
Sewer PublicSewer
Heating ForcedAir
Cooling CentralAir
Roof Composition
Zoning RS RM2
Construction Materials CrawlSpace
Year Built 1989
Sale Includes Land
Stories 2
Property SubType Commercial
Tax Year 2023
Gross Income 0
County Marion
Operating Expense 0
Property Type CommercialSale
Status Active
Directions Commercial St SE: W on Fairway Ave SE L on Rees Hill R on 20th Ave. Property at end of 20th Ave
City Salem
MLS Area _173
Lot Size Square Feet 2089573.0
Street Name Cains
Listing Terms Cash Conventional
Tax Annual Amount 18475.14
Days on Market 150
Standard Status Active
Legal Description 47.97 acres apx
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Exterior
Water Source Private
Number of Buildings 4
Building Area Total 5744.0
Lot Size Acres 47.97
Road Surface Type Paved
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Interior
Street Suffix PL
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Internal Only
Street Number 1 7102
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* Excluded Features
List By
Berkshire Hathaway Homeservices Real Estate Professionals

Broker

markshadrin@bhhsnwrep.com

Email

Affordability Calculator

$55,520
Per Month
97%
3%
0%
Monthly Principal & Interest
$53,980
Monthly Property Taxes
$1,540
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1949264 Elementary School
1949174 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/6/2023$7,727,700 Listed Price

Map


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7102 SE Cains PL, Salem, OR, 97306 is a Commercial Property for sale at $7,727,700 with 5,744 sqft and a lot size of 47.97. 7102 SE Cains PL is a studio with 0.0 baths and was built in 1989. The property's zip code is 97306 which is in Salem, OR