320 Lancaster DrSalem, OR 97301

  • Warehouses
  • 5,000 SF
For Lease
$19.20/SF/YR View listing

Property Details for 320 Lancaster Dr

Year built
1978
Lot size
0.39 AC
Property size (Sq ft)
5,000 SF
Zone code
CG
Property type
Warehouses
Property subtype
Self storage facilities
APN
072W30CA04500
APU
072W30CA04500

Description

This 5,000 square foot multi-tenant retail building in Salem, Oregon, offers a unique blend of retail and flex space, ideal for a variety of businesses. Located at 320 Lancaster Dr NE, 97301, this commercially zoned property boasts high visibility and strong traffic counts. The available space comprises 2,300 square feet and features an open retail area bathed in natural light, perfect for showcasing products or services. Adding to its versatility, the property includes a small warehouse area complete with a convenient roll-up door, facilitating efficient loading and unloading. For administrative needs, a private office provides a dedicated workspace, while two restrooms ensure convenience for both staff and customers. The lease rate is $1.60 per square foot. The property is zoned Commercial General, offering flexibility for a range of uses. This prime location in Salem provides excellent access to major transportation routes and a thriving local market. Don't miss this opportunity to secure a versatile and well-located retail space in a dynamic commercial area. Contact us today to schedule a viewing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,051,402
    Hospitality
    $963,079
    Educational
    $801,270
    Medical
    $828,827
    Retail
    $1,246,420
320 Lancaster Dr, Salem, Oregon

Location Insight

City
Salem
County
Marion
State
Oregon
Latitude
44.9322
Longitude
-122.983
CBSA code
41420
CBSA name
SALEM, OR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$8,400
-
-
$543,410
-
$270,420
$597,210
$867,630

FAQs

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