Pioneer Sqaure

3170 Lancaster Dr NE, Salem, OR 97305

  • For Sale $8,750,000
  • Property Type Retail - Strip/Convenience
  • Lot Size 6.08 Acre
  • Parking Spaces Avail. 500
  • Date Updated Apr 22, 2024
  • Website www.cbcworldwide.com
PROPERTY DESCRIPTION The Pioneer Shopping Center and parking lot are currently owned by a local, long-time real estate development family. This property is made up of 16 parcels of land - 61,362 SF of building space and 234,902 SF of parking lot. Tax Lots R355175, R78007 and R78008 contain both building and associated parking lot space, while the remaining 13 lots are parking and land/lot space. There is a shared parking agreement between Los Dos Amigos and the State Offices. Out of the 500 total parking spots, there are 33 spots on the Los Dos Amigos plat. The remaining 467 parking spots are owned by Pioneer Square with 360 of those spaces being shared in a non-exclusive agreement with the State Office. There are 6 ADA parking spots in front of 3200-3260 Lancaster Dr NE and another 6 ADA spots on the South side of the State Office. The current buildings are leased by nine tenants, plus two tenants which are currently leased by the owner. Rent roll and financial information is available upon request. **These properties are owned & managed by a trust and this information is only based on information received and may be subject to change. Commission has been updated and changed since the original offering on MLS. The selling office commission is 1%.** ***Tenant/Buyer to be responsible for verifying occupancy with City of Salem

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Highlights

  • Lot Size: 5-10 Acres
  • LOCATION DESCRIPTION Pioneer Square Shopping Center on NE Lancaster Drive near Silverton Road. This property is a 5 minute drive from Chemeketa Community College and only 3 miles to I-5. Pioneer Square is a retail strip center and parking lot with prominent businesses such as Chuck E. Cheese, ...

Contacts

broker

Alex Rhoten

Coldwell Banker Commercial Mountain West Real Estate

(503) 587-4777

Location

Getting Around

  • Walk Score ®

    53/100 Somewhat Walkable
  • Transit Score ®

    41/100 Some Transit
  • Bike Score ®

    70/100 Very Bikeable
Powered by Walk Score ®
  • City Salem, OR
  • Neighborhood Hayesville
  • Zip Code 97305
  • Market Eugene

Points of Interest

  • Salem Amtrak Station

    3.31 miles

  • Chevron

    0.16 miles

  • Towne Pump

    0.23 miles

  • Shell

    0.24 miles

  • 76

    1.15 miles

  • Arco

    1.17 miles

  • Pacific Pride

    1.17 miles

  • Fred Meyer Fuel

    1.20 miles

  • Pacific Pride

    1.20 miles

  • Blink

    1.22 miles

  • 76

    1.28 miles

  • WalMart North Park and Ride

    0.21 miles

  • Firehall Lot

    0.73 miles

  • Orange Lot

    0.76 miles

  • Green Lot

    0.77 miles

  • Red Lot

    0.80 miles

  • Brown Lot

    0.87 miles

  • Purple Lot

    0.92 miles

  • Blue Lot

    0.99 miles

  • Yellow Lot

    1.03 miles

  • Market Street Park and Ride

    1.24 miles

  • Chuck E. Cheese's

    0.06 miles

  • Little Caesars

    0.09 miles

  • Papa Murphy's

    0.11 miles

  • Los Dos Amigos

    0.11 miles

  • Wingstop

    0.11 miles

  • Jamba

    0.11 miles

  • Dairy Queen

    0.13 miles

  • Pizza Hut

    0.16 miles

  • McDonald's

    0.16 miles

  • KFC

    0.18 miles

  • Safeway

    0.14 miles

  • Grocery Outlet

    0.32 miles

  • Food 4 Less

    0.33 miles

  • Walmart Supercenter

    0.33 miles

  • Ross

    0.69 miles

  • La Tapatia

    0.75 miles

  • Bi-Mart

    0.81 miles

  • Big Lots

    0.87 miles

  • Fred Meyer

    1.28 miles

  • Salem Indoor Flea Market

    1.61 miles

Frequently Asked Questions

What is the lease rate for Pioneer Sqaure?

Rental asking rate at Pioneer Sqaure is $4,375,000.00/YR.

What is the total square footage of Pioneer Sqaure?

Pioneer Sqaure totals 61,362 square feet.

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Contact Listing Broker

broker

Alex Rhoten

Coldwell Banker Commercial Mountain West Real Estate

(503) 587-4777