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Anchored Shopping Center
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1901 Lancaster Dr NE, Salem, OR 97305

Center includes Bottle Drop, Verizon, and RAC as established anchor tenants.

Property Size3,000 SF
Price / SF$1.42
Days on Market18

Property Features for 1901 Lancaster Dr NE

General Information

Standard status Active
Size 3,000 SF
Property subtype Farm/Ranch

Additional Details

Anchor Co-Tenants Bottle Drop, Verizon, RAC

Building Details

Tenancy Multi
Listing Agency: SMI REAL ESTATE
Listed By: ELESA DOLL · License #200708163
Source: Thesanchezteamoregon
Added: Aug 13 Changed: Aug 28 Last Checked: Aug 29 at 12:01PM

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 SMI REAL ESTATE

Investment Insights

Based on property information with market context.

This shopping center at 1901 Lancaster Dr NE in Salem, Oregon, is anchored by Bottle Drop, Verizon, and RAC. The named occupants provide an established tenant lineup within the center and support a retail-oriented property profile.

The property is located at 1901 Lancaster Dr NE, Salem, OR 97305. Its recorded property size is 3000, although the source does not specify the measurement unit.

Key Highlights

  • Anchored by Bottle Drop, Verizon, and RAC
  • Located at 1901 Lancaster Dr NE, Salem, OR 97305
  • Recorded property size: 3000

Property Analytics

Current Use

Mattress Factory Outlet Furniture & Home Goods Your Homestyle Fashion (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Auto Parts Store Law Firm Auto Repair Shop

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,002
Businesses Nearby
Balanced
Demand for This Use

Demographics for 97305, OR

44,535
Population
15,219
Households
2.9
Avg Household Size
33
Median Age
16%
College-Educated
77%
High-School Grad
47.2 sq mi
ZIP Area
944
Density / Sq Mi
$64,581
Median Household Income
$32,554
Median Earnings
$1,386
Median Rent
$339,100
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Similar Off Market Nearby

  • fi.d.o Petco, 3811 Center St NE, Salem, OR 97301
  • Willamette Town Center 831 Lancaster Dr NE, Salem, OR 97301
  • Market Square Hawthorne Ave NE, Salem, OR 97301
  • Coinstar Kiosk - Bitcoin ATM Kroger - Fred Meyer Inc, 3740 Market St NE, Salem, OR 97301
  • Roseland Center Salem, OR 97301

Frequently Asked Questions

What type of property is this?
Shopping center - Center includes Bottle Drop, Verizon, and RAC as established anchor tenants.
Where is this shopping center located?
The property is located at 1901 Lancaster Dr NE Salem, OR.
What are key features of this property?
This property features: Anchored by Bottle Drop, Verizon, and RAC; Located at 1901 Lancaster Dr NE, Salem, OR 97305; Recorded property size: 3000
More about this property
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