Lancaster, Salem, OR 97301 | MLS #125718676 | Berkshire Hathaway HomeServices Northwest Real Estate

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Listing provided courtesy of HomeStar Brokers- MLS# 125718676MLS Provider

LancasterSalem, OR 97301

Vacant Land · 0.40 Acres
$350,000 Active

Lancaster Overview

Time on Site:
296 days
Visits:
1

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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Lancaster Facts & Features

  • Type Vacant Land
  • Lot 0.40 Acres

Details

General

School Information

  • Elementary School: Miller
  • Middle Or Junior School: Houck
  • High School: North Salem

Business Information

  • Current Use: Commercial,MixedUse,RawLand

Location/Region

  • Country: US
  • County Or Parish: Marion
  • MLS Area Major: 170 - Marion Co: Except Salem and Keizer

Tax Information

  • Tax Annual Amount: 1030.0
  • Tax Year: 2021

General Information

  • Listing Terms: Cash,Conventional,Owner Will Carry
  • Parcel Number: 529442
  • Property Sub Type: Mixed Use
  • Property Type: Land
  • Zoning: MU-II

Interior

Exterior

Lot Information

  • Lot Features: Cleared,Corner Lot,Pond
  • Lot Size Acres: 0.4
  • Lot Size Dimensions: 276x68.80
  • Lot Size Square Feet: 17424.0
  • Road Surface Type: Paved

Waterfront/View

  • Waterfront Features: Lake

General Information

  • Utilities: ElectricityAvailable,NaturalGasAvailable,PhoneAvailable,PublicSewer,UndergroundUtilities,WaterAvailable

Lancaster Neighborhood

Community

97317 (Salem) Demographics

39
Median Age
481
Population Density (per sq. mile)
28%
College Educated
$70,838
Estimated Median Income
5,562
Estimated Total Home Owners
2,481
Estimated Total Renters
69% / 31%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

Lancaster Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Lancaster Market Data

Based on the last 30 days in this zip code

$802,302
Average List Price
$377
Average Price per Square Foot
24
Properties Sold
98
Average Days on Market
115
Properties for Sale
Calculations provided by Reliance Network

Lancaster History

Date Event Value Agent
9/6/2025Source: Regional MLS Added to Database
September 06, 2025