$1,825,000 SALE
Office Bldg
8,120 SF
408 Lancaster Dr NE 408-412 Lancaster Dr NE
Salem, OR 97301



Investor/User office complex for sale. Currently buildings are fully leased, however suite 408, which is a dental building will be vacant as of May 1, 2023. This complex would be a great location for a medical or dental buyer to use as their own clinic while having income from the other two buildings. Suite 410 and 412 have recently been remodeled and include updated interiors, new roof and HVAC. Call for more information.


Property Type Office Bldg
Property Use Rental or Investment
Year Built 1976
Renovated Year 2022
Zoning CO
Tax Year 2022
Cap Rate Percentage 6.74
Listing ID Z7ZN95
MLS ID 802235
Style Office Bldg -Medical
Building Size 8,120 SF
Lot Size 0.81 AC
Taxes $9,794
Property Features
Parking Ratio: 6
Parking Places: 45
Lot Size: 1/2 - 1 Acre
Age: 41-50 Years Old
Sewer: City
Water: City Water