Listing Agency: Kidder Mathews Portland d***@kidder.com Show Phone

Listed By: Peter Dunn · License #201103077

Source: Crexi

Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 12:56AM

Report an Issue

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 Kidder Mathews Portland

Investment Insights

Based on property information with market context.

LanSunny Plaza is a shopping center at 1970 Lancaster Dr. in Salem, Oregon. The property is offered as a standalone transaction or together with the adjacent SunnyLan Center.

Key Highlights

• Shopping center at 1970 Lancaster Dr., Salem, OR 97305
• Available separately or with adjacent SunnyLan Center

Property Analytics

Current Use

Sushi Takara Restaurant La Fiesta Imports Food Market LanSunny Plaza Shopping Center & Mall BR Nutrition club Cafe & Coffee Shop Dough Hook Bake ... Bakery

Suggested Use

Top Pick Building Supply Real Estate Agency Big Box & Wholesale Store Law Firm Auto Parts Store Kitchen & Bath Showroom

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

Location Intelligence

Trade Area within ½ mile

990

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this shopping centers located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Similar For Sale Nearby

Freestanding Office Building

875 Idylwood Dr SE, Salem, OR 97302

$849,000

3,676 SF

View details

Mixed-Use Property with Ballroom

725 Shipping St NE, Salem, OR 97301

$799,000

10,260 SF

View details

Historic Two-Story Office Building

245 Oak St SE, Salem, OR 97301

$520,000

1,892 SF

View details

Flex Industrial Property with Two Buildings

3125 - 3157 Portland Road NE, Salem, OR 97301

$1,100,000

6,212 SF

View details

Elevator-Served Multi-Tenant Office Building

2405 FRONT ST NE, Salem, OR 97301

$2,950,000

23,079 SF

View details

Turn-Key Veterinary Clinic Building

5498 Commercial St SE, Salem, OR 97306

$575,000

2,940 SF

View details

Mixed-Use Commercial Building

388 Commercial St NE, Salem, OR 97301

$695,630

6,933 SF

View details

Freestanding Office Building

875 Idylwood Dr SE, Salem, OR 97302

$849,000

3,676 SF

View details

NNN Retail Property

1220 12th St SE, Salem, OR 97302

$2,500,000

22,292 SF

View details

New Construction Quadplex

1145 Lupin Ln NW, Salem, OR 97304

$1,450,000

5,522 SF

View details

Two-Story Office Building

245 245 Oak St SE, Salem, OR 97301

$520,000

1,892 SF

View details

Townhouse-Style Quadplex with Garages

1725 SALISHAN St, Salem, OR 97302

$799,900

4,336 SF

View details

Similar Off Market Nearby

• 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
• LanSunny Plaza — 1970 Lancaster Dr NE, Salem, OR 97305
• Village East Shopping Center — 2421 Lancaster Dr NE, Salem, OR 97305

Frequently Asked Questions

What type of property is this?

Shopping center - Retail center available independently or alongside the adjacent SunnyLan Center.

Where is this shopping center located?

The property is located at 1970 Lancaster Dr. Salem, OR.

What are key features of this property?

This property features: Shopping center at 1970 Lancaster Dr., Salem, OR 97305; Available separately or with adjacent SunnyLan Center