Lancaster, Salem, OR 97301

Salem
Local realty services provided by:Better Homes and Gardens Real Estate Equinox
Lancaster,Salem, OR 97301
$350,000
  • 0.4 Acres
  • Lots / Land
  • Active
Listed by: shane matthews
Office: homestar brokers
MLS#:125718676
Source:PORTLAND

Price summary

  • Price:$350,000

About this home

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.

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Home facts

  • Listing ID #:125718676
  • Added:201 day(s) ago
  • Updated:March 19, 2026 at 11:26 AM

Structure and exterior

  • Lot area:0.4 Acres
  • Lot Features:Cleared, Corner Lot, Pond

Schools

  • High school:North Salem
  • Middle school:Houck
  • Elementary school:Miller

Utilities

  • Water:Water Available

Finances and disclosures

  • Price:$350,000
  • Tax amount:$1,030 (2021)
MLS LogoAll information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate Equinox are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2026 RMLS, Portland, Oregon. Last updated: March 19, 2026

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