2050 Lancaster Drive NE, Salem, OR

Retail for Lease - $22 SqFt/Year - 9,393 SqFt Available


Agent Info

Tyler Houck
Coldwell Banker Commercial Mountain West Real Estate

Property Info

CIMLS#493429
Location
  2050 Lancaster Drive NE
  Salem OR 97305
UpdatedOctober 16th, 2026
TypeRetail
Price$22 SqFt/Year
Building9,393 SqFt

Property 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



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