- For Lease $22.00/SF/YR
- Property Type Retail
- Property Size 9,393 SF
- Lot Size 0.46 Acre
- Date Updated Oct 22, 2026
Description
High-exposure lease opportunity in a two-story, multi-tenant retail center on Lancaster Drive NE, where roughly 34,800 cars pass daily. The center offers a large, shared parking lot, multiple ingress/egress points, and a prominent pole sign with reader board delivering built-in street advertising to every tenant. The surrounding trade area is one of Salem’s strongest: ZIP 97305 has grown 16% to more than 44,000 residents, with household sizes well above the national average — a dense, daily-needs customer base at your door. Flexible MU-III mixed-use zoning accommodates retail, personal services, office, medical, and food uses. Two suites available — a finished ground-floor retail showroom and a private second floor office suite
Highlights
- ±34,800 VPD on Lancaster Dr NE Pole sign w/ reader board + building signage Metro by T-Mobile co-tenancy MU-III zoning retail, office, service & food uses Hood + stainless prep infrastructure in place (Suite 2050) Ample on-site parking, multiple access points Dense, growing trade area: 44,500...
- Sewer: City
- Water: City Water
True
1 Space Available
Space Available
Space Type
Retail
Lease Rate
$22.00/SF/YR
Total Space
9,393 SF
Divisible Space
9,393 - 2,550 SF
Lease Type
Modified Gross
Sublease
No
Contacts
Tyler Houck
Coldwell Banker Commercial Mountain West Real Estate
Pamela Rushing
Coldwell Banker Commercial Mountain West Real Estate
Location
Located at 2050 Lancaster Dr NE, Salem, OR 97305, this property is part of the North Lancaster neighborhood and Eugene market.
Contact 2050 Lancaster Dr NE