2100 Lancaster Dr

Salem, OR 97305
  • $1,200,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 7,440

    SqFt

About the Listing 323 - 9598

Introducing an exceptional investment opportunity in Salem, Oregon. This 7,440 SF building, comprised of 9 units and zoned MU-III, promises a stable in-place income and significant value-add potential. With 100% occupancy, this property offers built-in NOI growth and boasts recent capital improvements. Rents are currently positioned below market rates, presenting a compelling opportunity for immediate upside. Strategically positioned along a high-traffic corridor, this flexible MU-III property is primed for continued success. Don't miss the chance to acquire a property with strong income stability and promising growth prospects.

Listing Highlights

Status Active
Days on Site 22
Property Type Commercial Sale
MLS ® 842862
Year Built 1975
Total Square Footage 7,440
Lot/Acreage 0.64

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond:
  • Heating: Electric
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: City

Exterior Details

  • Garage Capacity: N/A
  • Roof: Composition
  • Others:
  • Sewer: City

Financial Details

  • Tax Amount: $15,872
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2025

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Questions About..

2100 Lancaster Dr Salem, OR 97305

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Hannah Fouts-Sparks

| Sparks Property Group: Your trusted Oregon realtors | SMI Real Estate

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