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    • $350,000

    Lancaster Dr NE, Salem, OR 97301

    --beds
    0baths
    0.4Acres
    Unimproved Land
    Built in ----
    0.4 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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.
    306 days
    |
    51
    |
    1
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Shane Matthews 503-400-5851,

    HomeStar Brokers

    Source: RMLS (OR),MLS#: 125718676MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 0

      Property

      Features
      • Has view: Yes
      • View description: Pond, Territorial
      • Has water view: Yes
      • Water view: Pond
      • Waterfront features: Lake, Pond
      Lot
      • Size: 0.4 Acres
      • Dimensions: 276 x 68.80
      • Features: Cleared, Corner Lot, Level, SqFt 15000 to 19999
      Details
      • Additional parcels included: 529454
      • Parcel number: 529442
      • Zoning: MU-II

      Utilities & green energy

      • Utilities for property: Electricity Available, Natural Gas Available, Phone Available, Underground Utilities, Water Available

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Salem

      Financial & listing details

      • Annual tax amount: $1,030
      • Date on market: 9/5/2025
      • Listing terms: Cash,Conventional,Owner Will Carry
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        9/6/2025Listed for sale$350,000
        Source: RMLS (OR) #125718676 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: Southeast Mill Creek

        Getting around

        52 / 100
        Somewhat Walkable
        35 / 100
        Some Transit
        57 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Miller
        • Middle: Houck
        • High: North Salem

        Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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