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Standalone Office Building
For Lease
$4,390/Mo

412 Lancaster Dr NE, Salem, OR 97301

Recently remodeled office suite with reception, private offices, conference area, and parking for 52 vehicles.

Days on Market485

Property Features for 412 Lancaster Dr NE

General Information

Standard status Active
Total Parking Spaces 52

Additional Details

Road Access Yes
Listing Agency: Coldwell Bnkr/Commercial Div
Listed By: Pam Rushing · License #200202271
Source: Allprofessionalsre
Added: Apr 2, 2025 Changed: Jul 25 Last Checked: Jul 29 at 12:28PM

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 Coldwell Bnkr/Commercial Div

Investment Insights

Based on property information with market context.

This standalone office building features a welcoming reception and lobby entry, six private rooms, a kitchen/breakroom, a large conference area, two restrooms, and a storage closet. The space includes several windows for natural light and was recently remodeled. Tenant is responsible for utilities.

The property has Lancaster Dr frontage and is accessed via Monroe Ave. Parking is available for 52 vehicles.

The layout is well-suited for an office operation seeking separate rooms alongside a dedicated conference area, with restrooms and breakroom support in place.

Key Highlights

  • Stand‑alone office building with Lancaster Dr. frontage
  • Recently remodeled with multiple windows for natural light
  • Interior layout includes reception/lobby, 6 private rooms, kitchen/breakroom, and a large conference area

Property Analytics

Current Use

Office buildings

Suggested Use

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

Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,057
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

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 building - Recently remodeled office suite with reception, private offices, conference area, and parking for 52 vehicles.
Where is this office building located?
The property is located at 412 Lancaster Dr NE Salem, OR.
What is the lease rate?
The lease rate is $4,390 /Mo.
What are key features of this property?
This property features: Stand‑alone office building with Lancaster Dr. frontage; Recently remodeled with multiple windows for natural light; Interior layout includes reception/lobby, 6 private rooms, kitchen/breakroom, and a large conference area
More about this property
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