Photograph 1 of 5
0.4 Acres
Salem
$350,000
SaveActiveMLS®: 125718676
- Lot size
- 17,424 sqft
- Property type
- Land
- Days on market
- 372
Overview
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.
Details
Interior
- Cooling
- No
- Heating
- No
Exterior and lot
- Lot size
- 17,424 sqft
- Lot features
- Cleared, Corner Lot, Pond
- View
- Yes
- View description
- Pond, Territorial
Schools
- High school
- North Salem
- Middle school
- Houck
- Elementary school
- Miller
Location
- City
- Salem
- County
- Marion
- Zoning
- MU-II
Taxes and dues
- Annual taxes
- $1,030 (2021)
Location
Lancaster, Salem, OR 97301
Monthly payment estimate
$1,949 /mo
20% · $70,000
7.00%
- Principal and interest
- $1,863
- Property tax (2021)
- $86
- Total
- $1,949
Estimate only, and not an offer of credit. Assumes 20% down ($70,000) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.
