0 Lancaster Dr, Salem, OR 97317

This exceptional 16,552 square foot commercial land parcel presents a remarkable investment opportunity in Salem, Oregon. Located on Lancaster Drive in Marion County, this property boasts a highly desirable location within a busy commercial area. The city recently rezoned the land to Mixed-Use II (MU-II), significantly expanding development possibilities. This versatile zoning allows for a wide range of uses, including but not limited to: duplexes, triplexes, quadraplexes, apartment buildings, residential care facilities, short-term lodging establishments, non-profit shelters, restaurants, churches, daycare centers, and general construction/repair facilities. The 0.4-acre lot (16,552 sq ft) provides ample space for a variety of development projects. The property's Assessed Parcel Number (APN) is 082w06ab10500. This is a rare chance to acquire a prime commercial property in a thriving area with significant potential for high returns. The asking price for this exceptional opportunity is $350,000. The property is situated in Salem, Oregon, zip code 97317.