Log In/Sign Up
Your email has been sent.
1251-1261 Lancaster Dr NE 6,950 SF 68% Leased Office Building Salem, OR 97301 $1,909,936 CAD ($274.81 CAD/SF)
Investment Highlights
- Strong visibility with traffic counts of 34,002 vpd
- Two buildings totaling 6,950 SF
Executive Summary
Located on high-traffic Lancaster Drive, this 6,950 SF office/medical property consists of two connected buildings joined by a breezeway. Zoned MU-III, the property allows for a wide range of office, medical, and mixed-use uses, providing flexibility for owner-users or investors. The building features an efficient layout adaptable to a variety of professional uses, with ample on-site parking and strong signage exposure.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
6,950 SF
Building Class
C
Year Built
1978
Price
$1,909,936 CAD
Price Per SF
$274.81 CAD
Percent Leased
68%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
6,950 SF
Building FAR
0.19
Lot Size
0.82 AC
Zoning
MU-III - Mixed Use - III
Amenities
- 24 Hour Access
- Signage
- Monument Signage
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- 1st Fl-Ste 1261
- 1,152 SF
- Office/Medical
- Full Build-Out
- Now
- 1st Fl-Ste 1281
- 1,380 SF
- Office/Medical
- Full Build-Out
- Now
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste 1261 | 1,152 SF | Office/Medical | Full Build-Out | Now |
| 1st Fl-Ste 1281 | 1,380 SF | Office/Medical | Full Build-Out | Now |
1st Fl-Ste 1261
| Size |
| 1,152 SF |
| Space Use |
| Office/Medical |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 1281
| Size |
| 1,380 SF |
| Space Use |
| Office/Medical |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1 1
Moderately walkable
70/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $672,419 CAD | |
| Land Assessment | $677,106 CAD | Total Assessment | $1,349,525 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$677,106 CAD
Improvements Assessment
$672,419 CAD
Total Assessment
$1,349,525 CAD
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
1251-1261 Lancaster Dr NE
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.