1251 Lancaster Dr NE

1251 Lancaster Dr NE, Salem, OR 97301

  • For Sale $1,570,000
  • Property Type Office - General Office
  • Property Size 6,950 SF
  • Units 4
  • Lot Size 0.65 Acre
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1978
  • Date Updated Aug 27, 2025
Located on busy Lancaster Drive in the capital city of Salem with over 34,000 vehicles per day passing by, this prime commercial location across from Olive Garden, and just a few blocks from Willamette Valley Town Center, provides an appealing environment for prospective tenants and employees. With close proximity to the vibrant Willamette University, the location presents an ideal opportunity for office building investors seeking a dynamic setting to attract and retain top talent. A variety of dining, shopping, and entertainment options in the vicinity complement the area's potential for a thriving business ecosystem, making it an enticing choice for those looking to invest in office real estate in Salem.Introducing a prime investment opportunity in the heart of Salem, Oregon. This distinguished property boasts a 6,950 SF building with 4 versatile units and offers a built-in 1978, ensuring a solid foundation for potential growth. Zoned MU-III, this property is positioned to accommodate a range of office and commercial uses, inviting investors to capitalize on its strategic location in the thriving Salem area. Perfectly suited for an office building or commercial venture, this property presents a compelling opportunity for those seeking to expand their portfolio in a dynamic and evolving market.
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Highlights

  • $1,570,000
  • $225.90/SF
  • 34,000 VPD
  • 4 units, 1 occupied
  • 6,950 SF building
  • Built in 1978
  • Strategic Salem location
  • Zoned MU-III

Contacts

broker
Jerry A. Jones

Pikes Northwest

Location

Getting Around

  • Walk Score ®

    80/100 Very Walkable

  • Transit Score ®

    44/100 Some Transit

  • Bike Score ®

    70/100 Very Bikeable
Powered by Walk Score ®
  • City Salem, OR
  • Neighborhood Northeast Salem
  • Zip Code 97301
  • Market Eugene

Points of Interest

  • Salem

    2.36 miles

  • Brooks Historical Society Depot

    7.37 miles

  • Hopmere Station

    7.45 miles

  • 76

    0.16 miles

  • Fred Meyer Fuel

    0.30 miles

  • Petrol Express

    0.37 miles

  • Pacific Pride

    0.52 miles

  • ChargePoint

    0.52 miles

  • Arco

    0.63 miles

  • Pulse

    0.76 miles

  • Shell

    0.90 miles

  • Electrify America

    1.36 miles

  • Chevron

    1.53 miles

  • Market Street Park and Ride

    0.56 miles

  • Grace Baptist Church Park and Ride

    1.21 miles

  • WalMart North Park and Ride

    1.36 miles

  • Christ the Good Shepherd Lutheran Church Park and Ride

    1.37 miles

  • State of Oregon Shuttle Mail Hub

    1.60 miles

  • Airport Road Park and Ride

    1.78 miles

  • Postal Employee Parking

    1.97 miles

  • Firehall Lot

    2.17 miles

  • Orange Lot

    2.20 miles

  • Green Lot - Dept of Admin Services

    2.21 miles

  • Days Inn Black Bear

    0.30 miles

  • Holiday Lodge Motel

    0.38 miles

  • Motel 6 Salem

    0.43 miles

  • DoubleTree

    0.44 miles

  • Capital Inn & Suites

    0.49 miles

  • Shilo Inn and Suites

    0.56 miles

  • Holiday Inn

    0.61 miles

  • Home2 Suites

    1.52 miles

  • Hampton Inn & Suites

    1.55 miles

  • Comfort Suites

    1.62 miles

  • Olive Garden

    0.04 miles

  • Best Teriyaki

    0.13 miles

  • Fiesta Mexican Pizza

    0.15 miles

  • McDonald's

    0.15 miles

  • Carl's Jr.

    0.15 miles

  • Don Ped mexican

    0.19 miles

  • Arby's

    0.21 miles

  • Baja Fresh

    0.21 miles

  • Taco Time

    0.22 miles

  • KFC

    0.25 miles

  • Salem Academy Christian Schools

    0.34 miles

  • Blanchet Catholic School

    0.54 miles

  • Swegle Elementary School

    0.56 miles

  • Hoover Elementary School

    0.56 miles

  • Salem Academy Christian Elementary School

    0.72 miles

  • Douglas McKay High School

    0.80 miles

  • Auburn Elementary School

    0.95 miles

  • Englewood Elementary School

    1.33 miles

  • Roberts High School

    1.34 miles

  • Waldo Middle School

    1.41 miles

  • East Salem Headstart (pre-school)

    0.71 miles

  • Little Friends Montessori School

    2.40 miles

  • Little Village Learning Center

    2.79 miles

  • Wallace Learning Center

    3.20 miles

  • Kuebler Early Learning Center

    5.13 miles

Frequently Asked Questions

How much does 1251 Lancaster Dr NE cost?

The space currently listed for sale at 1251 Lancaster Dr NE asks for $1,570,000.

What is the total square footage of 1251 Lancaster Dr NE?

1251 Lancaster Dr NE totals 6,950 square feet.

When was this property built?

1251 Lancaster Dr NE was built in 1978.

Looking for more in-depth information on this property?

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Contact Listing Broker
broker
Jerry A. Jones

Pikes Northwest

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