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Medical and Professional Office Suites
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1261 Lancaster Dr NE, Salem, OR 97301

Flexible suites with reception, private offices, workstations, and restrooms, available now with shared parking.

Space Size1,152 SF - 1,380 SF
Property Size6,950 SF
Days on Market50

Property Features for 1261 Lancaster Dr NE

General Information

Standard status Active
Size 1,152 SF - 1,380 SF
Class B
Property subtype Office
Zoning Mixed-Use III
Lease Term MG

Building Details

Building Size 6,950 SF

Spaces For Lease

at 1261 Lancaster Dr NE Contact us

Suite 1261 $1.55/SF/Mo

Size
1,152 SF
Term
Negotiable
Contact us

Suite 1281 $1.55/SF/Mo

Size
1,380 SF
Term
Negotiable
Contact us
Listing Agency:
Listed By: Terry Hancock, SIOR
Source: Hancockre
Added: Jun 24 Changed: Aug 11 Last Checked: Aug 12 at 4:59AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Terry Hancock, SIOR

Investment Insights

Based on property information with market context.

Suite 1261 offers approximately 1,152 SF and is available for immediate occupancy for a professional office or medical office tenant. The space includes a welcoming reception area, private offices, private work stations, and restrooms. The most recent tenant was a dentist, and some related infrastructure remains in place, which may help streamline certain medical or service-oriented uses.

Suite 1281 is approximately 1,380 SF. The property provides shared parking and is zoned Mixed-Use III, with numerous uses allowable on premises. The suites are located at 1261 Lancaster Dr NE in Salem, Oregon.

These suites are well suited for professionals seeking a turn-key office layout with dedicated work areas and restroom facilities, along with the benefit of existing medical office infrastructure in Suite 1261. The Modified Gross lease structure and shared parking can simplify day-to-day occupancy. The stated lease rate is $1.55/SF.

Key Highlights

  • Suite 1261 offers 1,152 SF and is available for immediate occupancy for professional or medical office use
  • Suite 1261 includes a welcoming reception, private offices, private work stations, and restrooms
  • Suite 1281 is approximately 1,380 SF with numerous allowable uses on premises

Property Analytics

Current Use

Dr. David Willis Dental Office

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Big Box & Wholesale Store Daycare Center Auto Parts Store Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Modified Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

1,035
Businesses Nearby

Demographics for 97301, OR

56,393
Population
21,419
Households
2.6
Avg Household Size
34
Median Age
18%
College-Educated
81%
High-School Grad
11.3 sq mi
ZIP Area
4,991
Density / Sq Mi
$57,497
Median Household Income
$33,220
Median Earnings
$1,197
Median Rent
$310,800
Median Home Value

Market

Lease Benchmarks for Salem, OR

$25.98 /SF/Yr
Avg Asking Price
$16.2–$54.55 /SF/Yr
Price Range
8,864 SF
Avg Space Size

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Flexible suites with reception, private offices, workstations, and restrooms, available now with shared parking.
Where is this office units located?
The property is located at 1261 Lancaster Dr NE Salem, OR.
What are key features of this property?
This property features: Suite 1261 offers 1,152 SF and is available for immediate occupancy for professional or medical office use; Suite 1261 includes a welcoming reception, private offices, private work stations, and restrooms; Suite 1281 is approximately 1,380 SF with numerous allowable uses on premises
More about this property
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