Lancaster

Salem, OR 97317

$350,000
Price
17,424 / 0.4
Lot Size / Acres
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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.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.
  1. Listed by Shane Matthews • HomeStar Brokers

Property Details for Lancaster

Zoning
MU-II
View
Pond, Territorial
LISTING UPDATED: 10/16/2025 10:07 AM

Property Details for Lancaster

StatusActive
MLS #125718676
Days on Market286
Taxes$1,030 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeLand
MLS TypeLand / Mixed Use
Year Built-
Lot Size0.40 AC
CountyMarion County
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Location

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Building Information for Lancaster

Lot Size0.40 AC

Payment Calculator

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$1,830 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,744

Property Taxes

$86

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for Lancaster

Summary
Location and General Information
  • Country: US
  • Directions: Property is located on the corner of Lancaster & Carson at the exit route of Home Depot.
  • Road Surface: Paved
School Information
  • Elementary School: Miller
  • High School: North Salem
  • Middle Or Junior School: Houck
Taxes and HOA
  • Tax Year: 2021
  • Tax Annual Amount: $1,030.00
  • Parcel Number: 529442
  • Parcel Number 2: 529454
  • Tax Legal Description: ACRES 0.40
Property
Lot Information
  • Acres: 0.4
  • Lot Description: Cleared, Corner Lot, Pond
  • Lot Size Square Feet: 17424.0
  • Lot Size Dimension: 276x68.80
  • Current Use: Commercial, Mixed Use, Raw Land
  • Land Description: Level
  • Lot Size Range: Sq Ft15000to19999
  • Lot Size: 15,000 to 19,999 Sq Ft
Property and Assessments
  • Property Sub Type: Mixed Use
  • Property Type: Land
Utilities
  • Utilities: Electricity Available, Natural Gas Available, Phone Available, Public Sewer, Underground Utilities, Water Available
Interior and Exterior Features
Exterior Features
  • Waterfront Description: Lake

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More information about Lancaster, Salem, OR 97317

Lancaster is a 0.4 ac of land for sale in Salem, OR 97317. This property was listed for sale on September 5, 2025 by HomeStar Brokers, it's currently listed at $350,000. Lancaster is a 0-bed, 0-bath, 0.4 ac of land on a 17,424 sq. ft. / 0.4 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of HomeStar Brokers

All 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 Compass 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: 10/16/2025 10:07 AM