Sonya Glesmann

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Listing provided courtesy of COLDWELL BNKR/COMMERCIAL DIV- MLS# 842862MLS ProviderContact Information: AGENT: 503-566-5706

2100 Lancaster DrSalem, OR 97305

Commercial · 7,440 Sq. ft. | 64.00 Acres
$1,200,000 ACTIVE

2100 Lancaster Dr Overview

Time on Site:
20 hours
Visits:
0

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.

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2100 Lancaster Dr Facts & Features

  • Type Commercial
  • Sq. ft. 7,440
  • Price/Sq.ft. $161
  • Lot 64.00 Acres

Details

General

Building Information

  • Year Built: 1975

Location/Region

  • County Or Parish: Marion
  • MLS Area Major: 30 SUBURBAN E SALEM/NORTH

Tax Information

  • Tax Annual Amount: 15872

General Information

  • Property Sub Type: Office
  • Property Type: Commercial

Interior

General Information

  • Heating: Electric
  • Living Area: 7440

Exterior

Lot Information

  • Lot Size Acres: 64
  • Lot Size Square Feet: 27878
  • Water Source: City

General Information

  • Sewer: City

2100 Lancaster Dr Neighborhood

Community

97305 (Salem) Demographics

30
Median Age
934
Population Density (per sq. mile)
25%
College Educated
$56,787
Estimated Median Income
7,843
Estimated Total Home Owners
6,333
Estimated Total Renters
55% / 45%
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.

2100 Lancaster Dr 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.

2100 Lancaster Dr Market Data

Based on the last 30 days in this zip code

$490,605
Average List Price
$278
Average Price per Square Foot
39
Properties Sold
93
Average Days on Market
190
Properties for Sale
Calculations provided by Reliance Network

2100 Lancaster Dr History

Date Event Value Agent
6/29/2026Source: Willamette Valley MLS Added to Database
June 29, 2026