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.
Active
$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
- 402 days
- 38
- 0
Zillow last checked:
Listing updated:
Listed by:
Shane Matthews 503-400-5851,
HomeStar Brokers
Source: RMLS (OR),MLS#: 125718676
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
| Date | Event | Price |
|---|---|---|
| 9/6/2025 | Listed for sale | $350,000 |
Source:  RMLS (OR) #125718676 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: Southeast Mill Creek
Nearby schools
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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