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1120-1130 Lancaster Dr SE
Salem, OR 97317 Southeast Mill Creek

$3,210,000 USD

Restaurant For Sale  •  9,848 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 9,848 SF
  • Lot Size 0.82 AC
  • Building Class B
  • Year Built 1991
  • Tenancy Multiple
  • Zoning CR
36 Transit Score
66 Walk Score

Highlights

Shadow anchored by a high-performing WinCo, which ranks in the top five in Oregon for annual visits (2.2M) and does $100M+ in annual sales
Located on a signalized corner of Lancaster Dr, a primary retail corridor, with daily vehicle counts above 30,000
Two of the four in-place tenants have occupied the Property for over 20 years
Offered at $326/SF, significantly below replacement cost of $550/SF+

Property Flyers

Amenities

  • Bus Line
  • Signage
  • Signalized Intersection

Public Transportation

Commuter RailDriveWalkDistance
Salem (Amtrak Cascades - Amtrak, Coast Starlight - Amtrak) 6 min - 3.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 34
Type: Surface
Included in Rent: Yes
Sean Tufts 206-693-3352 Northmarq
Sean Tufts 206-693-3352 Northmarq