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Retail Suite with Roll-Up Door

4741-4787 Lancaster Dr. NE, Salem, OR 97305

For Lease
Contact for pricing

An open-plan space with climate control and dedicated parking is available for retail or office use.

Space Size470 SF
Days on Market9

Property Features for 4741-4787 Lancaster Dr. NE

General Information

Standard status Active
Size 470 SF
Net Rentable 470 SF
Total Parking Spaces 2
Property subtype Retail, Office

Space & Availability

Available Space 470 SF
Contiguous Space 470 SF
Available From Immediate

Site & Location

Neighborhood Northgate Neighborhood Association
Anchor Co-Tenants Sherwin Williams, Shades of Brew, Good Day Fishing, neighborhood convenience store
Highway Access Yes

Amenities

polished concrete flooring
abundant natural light
heating and air conditioning
roll-up door
common area restrooms

Building Details

Tenancy Multi

Spaces For Lease

at 4741-4787 Lancaster Dr. NE
Suite 115 Active
Size 470 SF
Contact us
Listing Agency: Tradition Real Estate Partners
Listed By: Paula Moseley · License OR #201233012
Source: Crexi
Added: Nov 7 Changed: Nov 10 Last Checked: Nov 14 at 5:35AM

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 Tradition Real Estate Partners

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Investment Insights

Based on property information with market context.

Suite 115 in the 4763 building provides 470 SF of open-plan retail or office space. The interior has polished concrete floors, natural light, heating and air conditioning, and a roll-up door. Two private parking stalls are included, and tenants can use shared restrooms.

The suite is within Electric Grange Industrial Business Park, among businesses including Sherwin Williams, Shades of Brew, Good Day Fishing, and a neighborhood convenience store. Portland Road and I-5 provide access to the business park.

Key Highlights

  • 470 SF of open‑plan retail or office space
  • Roll‑up door, polished concrete flooring, natural light, and heating and air conditioning
  • Two private parking stalls; shared restrooms available to tenants

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Real Estate Agency Hair Salon Spa & Massage Center Dental Office Restaurant

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
Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

343
Businesses Nearby

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

Lease Benchmarks for Salem, OR

$28.93 /SF/Yr
Avg Asking Price
$10–$117 /SF/Yr
Price Range
7,845 SF
Avg Space Size

Properties on Market for Retail space in Salem

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Retail space - An open-plan space with climate control and dedicated parking is available for retail or office use.
Where is this retail space located?
The property is located at 4741-4787 Lancaster Dr. NE Salem, OR.
What are key features of this property?
This property features: 470 SF of open‑plan retail or office space; Roll‑up door, polished concrete flooring, natural light, and heating and air conditioning; Two private parking stalls; shared restrooms available to tenants
(503) 910-3055 Call to check price and availability
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