498 Lancaster Dr, Salem, OR 97301 | MLS #831573 | Berkshire Hathaway HomeServices Real Estate Professionals
 
Listing provided courtesy of COLDWELL BNKR/COMMERCIAL DIV- MLS# 831573MLS ProviderContact Information: Agent: 503-587-4777

498 Lancaster DrSalem, OR 97301

Commercial · 1,550 Sq. ft. | 2.01 Acres
$102,300 ACTIVE

498 Lancaster Dr Overview

Time on Site:
347 days
Visits:
11

The property is located just one block south from the TargetShopping Center and Willamette Town Center Mall, at thesignalized intersection of Lancaster and Auburn Rd. Joinneighboring National Tenants in this upscale shopping Centerwhich is anchored by The Vitamin Shop. Three Spaces arecurrently available ranging from 2420 SF to 4920 SF

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498 Lancaster Dr Facts & Features

  • Type Commercial
  • Sq. ft. 1,550
  • Price/Sq.ft. $66
  • Lot 2.01 Acres

Details

General

Location/Region

  • County Or Parish: Marion
  • MLS Area Major: 35 SUBURBAN E SALEM/SOUTH

General Information

  • Property Sub Type: Retail(Combined)
  • Property Type: Lease

Interior

General Information

  • Living Area: 1550

Exterior

Lot Information

  • Lot Size Acres: 2.01

498 Lancaster Dr Neighborhood

Community

97301 (Salem) Demographics

33
Median Age
4,886
Population Density (per sq. mile)
25%
College Educated
$45,959
Estimated Median Income
8,297
Estimated Total Home Owners
11,013
Estimated Total Renters
43% / 57%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

498 Lancaster Dr Market Data

Based on the last 30 days in this zip code

$419,594
Average List Price
$257
Average Price per Square Foot
61
Properties Sold
70
Average Days on Market
250
Properties for Sale
Calculations provided by Reliance Network

498 Lancaster Dr History

Date Event Value Agent
7/17/2025Source: Willamette Valley MLS Added to Database
July 17, 2025