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Retail and Warehouse Flex Space
For Lease
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320 Lancaster Dr NE, Salem, OR 97301

Retail suite includes an open showroom, natural light, a warehouse area with roll-up door, plus office and restroom.

Space Size2,791 SF
Days on Market45

Property Features for 320 Lancaster Dr NE

General Information

Standard status Active
Size 2,791 SF
Total Parking Spaces 13
Property subtype Retail
Zoning Commercial General
Lease Type Modified Gross
Lease Term MG

Building Details

Building Size 2,791 SF

Spaces For Lease

at 320 Lancaster Dr NE Contact us

Retail/Flex Space $1.60/SF/Mo

Size
2,791 SF
Term
Negotiable
Contact us
Listing Agency:
Listed By: Terry Hancock, SIOR
Source: Hancockre
Added: Jun 29 Changed: Aug 11 Last Checked: Aug 12 at 5:03AM

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.

This retail and flex space totals 2,791 SF and is configured with an open retail area with natural light. The layout also includes a warehouse area with a roll-up door, one private office, and a restroom, supporting both customer-facing and light distribution uses.

The property is served by 13 shared parking spaces. The listing is for commercial general with a modified gross lease rate of $1.60/SF.

The space is available for rent and is presented as a single suite blending retail presence with a functional back-of-house roll-up door warehouse component.

Key Highlights

  • 2,791 SF retail suite with open retail/showroom area and natural light
  • Includes warehouse/storage area with a roll‑up door
  • Features 1 private office and a restroom

Property Analytics

Current Use

Quality Grand Turismo ... Car Dealership 1 Universal Auto ... Car Dealership

Suggested Use

Top Pick Law Firm Real Estate Agency HVAC Service Skin Care Clinic Electrical Service Spa & Massage Center

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

1,057
Businesses Nearby
Under-served
Demand for This Use

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

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
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Similar Off Market Nearby

  • Dalias Catering Service 322 Pansy Way NE, Salem, OR 97301

Frequently Asked Questions

What type of property is this?
Flex space - Retail suite includes an open showroom, natural light, a warehouse area with roll-up door, plus office and restroom.
Where is this flex space located?
The property is located at 320 Lancaster Dr NE Salem, OR.
What are key features of this property?
This property features: 2,791 SF retail suite with open retail/showroom area and natural light; Includes warehouse/storage area with a roll‑up door; Features 1 private office and a restroom
More about this property
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