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 | |
| Updated | October 16th, 2026 |
| Type | Retail |
| Price | $22 SqFt/Year |
| Building | 9,393 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



