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Listing Provided By: SHADYA JONES with COLDWELL BNKR/COMMERCIAL DIV
$1,460,000
2540 Michigan City Ln, Salem, OR 97304
4 Beds
3 Baths
2,873 SqFt

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Listing Provided By: SHADYA JONES with COLDWELL BNKR/COMMERCIAL DIV
Outstanding Residential Development opportunity. Sale includes an assemblage of two separate tax parcels (R400792-bare land 2.80AC & R267146-Residence, shop and barn-2.80AC). Residence is approx 2873/SF and Shop is approx 1920/SF. The property does have the potential to develop rental income while going through the approval process-PLEASE DO NOT DISTURB OWNER. *Sold in AS-IS Where Is Condition*See marketing brochure for add'l details.*Buyer responsible for all due-diligence
  • Price:
  • $1,460,000
  • Bedrooms:
  • 4
  • Full Baths:
  • 2
  • Half Baths:
  • 1
  • Square Footage:
  • 2,873
  • Acreage:
  • 4.80
  • Year Built:
  • 1980
  • Listing ID #:
  • 790617
  • Street Address:
  • 2540 Michigan City Ln
  • City:
  • Salem
  • State:
  • Oregon
  • Postal Code:
  • 97304
  • County:
  • Polk
  • Community:
  • 60 Northwest Salem
  • Listing Status:
  • Active
  • Listing Type:
  • Residence
3
out of 5

Brush College Elementary School
Public
School Grade Level K-5
School Students 270 students
School Teachers 21 student/
teacher
4
out of 5

Straub Middle School
Public
School Grade Level 6-8
School Students 620 students
School Teachers 18 student/
teacher
4
out of 5

West Salem High School
Public
School Grade Level 9-12
School Students 1718 students
School Teachers 21 student/
teacher

Source: ATTOM

  • Fireplace:
  • Family Room
  • Flooring:
  • Carpet, Vinyl, Wood
  • Foundation:
  • Slab
  • Patio Description:
  • Patio
  • Square Footage Source:
  • County
  • Style:
  • 2 Story
  • Total Building Square Footage:
  • 2873
  • Type Of Roof:
  • Composition
  • View:
  • Mountain, Territorial
  • Year Built:
  • 1980
  • Conforms To Zoning:
  • Sr
  • Lot Features:
  • 2900/3000
  • Financing Options:
  • Ls Contract, Cash, Conventional
  • Price Per Acre:
  • 304166.67
  • Price Per Square Foot:
  • 508.18
  • Price Per Square Foot:
  • 508.18
  • Bathroom #1 On Level:
  • .5
  • Bathroom #2 On Level:
  • 2
  • Bedroom #2 On Level:
  • 2/Upper
  • Bedroom #3 On Level:
  • 2/Upper
  • Bedroom #4 On Level:
  • 2/Upper
  • Dining Room:
  • Formal
  • Dining Room Level:
  • 1/Main
  • Family Room Level:
  • 1/Main
  • Kitchen Level:
  • 1/Main
  • Laundry Room Level:
  • 1/Main
  • Living Room Level:
  • 1/Main
  • Fence:
  • Partial
  • Garage Capacity:
  • 2
  • Garage Description:
  • Attached
  • Outbuildings:
  • Barn, Separate Shop
  • Existing Water:
  • Well
  • Has Septic System:
  • Standard
  • Heating And Air:
  • Heat Pump
  • Water Heater:
  • Electric
$

$

%

$

$

$


The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By: SHADYA JONES with COLDWELL BNKR/COMMERCIAL DIV
  • VALLEY

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