$350,000

Lancaster, Salem, OR 97301

Land
Built in ——
0.4acre lot
—— car garage
$——/sqft
Listed 6 months ago

Property Description

This is a huge opportunity for someone looking to have a prime commercial property on one of the busiest parts of Lancaster Dr. City just rezoned to Mixed Use II (MU-II). Zoning allows for everything from Duplex, Triplex, Quadraplex, apartments, Residential Care Facility, Short Term Lodging, Non-profit shelters, Restaurant, day Care, and General Construction/repair facilities.

Listing Status:: Active
Date Added:: September 5, 2025
Data Last Updated:: March 16, 2026 at 7:43AM
Listing Office:: HomeStar Brokers : 503-378-9999
Listing Agent:: Shane Matthews : 503-400-5851
MLS ID:: 125718676

Road/Access: Paved
Originating MLS: Regional Multiple Listing ServiceInc.
County: Marion

Zoning: MU-IIACRES 0.40529442
View: View
Current Use: CommercialMixed useRaw land

Utilities: Electricity availableNatural gas availablePhone availablePublic sewerUnderground utilitiesWater available

Source: Regional Multiple Listing ServiceInc.

This listing courtesy of Shane Matthews , HomeStar Brokers

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Miller Elementary School

1650 46th Pl SE, Salem, OR, 97317

Grades KG-5

0.62 miles away

Houck Middle School

1155 Connecticut St SE, Salem, OR, 97317

Grades 6-8

0.56 miles away

North Salem High School

765 14th St NE, Salem, OR, 97301

Grades 9-12

3.18 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.