Hilco Real Estate Sales is accepting offers for this bankruptcy sale in Salem, Oregon. Situated along the Willamette River, this 53.10± AC land parcel offers a unique opportunity to create a destination within one of Oregon’s most dynamic and fastest-growing cities. Zoned General Commercial, the property has 39.14± developable AC to support a wide range of uses – from hospitality and recreation to retail, services and mixed-use concepts.
Whether envisioned as a riverfront hotel and event venue, a community sports complex or a commercial campus with public access to the water, this site delivers the flexibility and space needed to realize transformative projects. Its natural setting enhances any development aimed at wellness, leisure or visitor-driven experiences.
Salem, the capital of Oregon, is the second largest city in the state and located in the heart of the Willamette Valley. With a population of over 180,000, Salem continues to grow steadily due to its affordable land, expanding housing market and strategic location along the I-5 corridor between Portland and Eugene.
The city is home to government offices, educational institutions and a diverse employment base spanning healthcare, agriculture, manufacturing and technology. Salem’s urban growth boundary is expanding, and demand for commercial development is increasing as the region continues to attract residents and businesses seeking cost-effective alternatives to Portland.
Bankruptcy Sale: U.S. Bankruptcy Court, District of Oregon, Case No: 24-62194-dwh11, In re: 1700 Edgewater LLC.