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Shari's Restaurant Vacant Salem Oregon 1270 Lancaster Dr SE

4,319 SF Retail Building Salem, OR 97317 £2,976,540 (£689/SF)

Investment Highlights

  • Free Standing Restaurant Building in a strong retail market
  • Cross easements for parking and access with Lancaster Marketplace
  • Exposure on to Highway 22 with a huge monument signage
  • Strong Anchor Tenants including Winco Foods / Sportsmen Warehouse / Dollar Tree

Executive Summary

Former Shari's restaurant on a pad site located in the 350,000 SF Lancaster Marketplace Power Center.
Property is for sale or for lease - lease rates based on market values. All FFE is still in place.

Attachments

Sharis Lancaster SALE LEASE 2024 flyer

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,319 SF
Building Class
B
Year Built
1993
Price
£2,976,540
Price Per SF
£689
Tenancy
Single
Number of Floors
1
Building FAR
0.17
Lot Size
0.59 AC
Parking
30 Spaces (7.06 Spaces per 1,000 SF Leased)
Frontage
122 ft on Or-22 Hwy

Amenities

  • Restaurant
  • Monument Signage

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 4,319 SF
  • Restaurant
  • Outparcel
  • Now

Fully built out restaurant space - great location Lots of overflow parking - full easement for parking and access. Strong anchor tenants in retail center All FFE still in place.

Space Size Space Use Position Available
1st Floor 4,319 SF Restaurant Outparcel Now

1st Floor

Size
4,319 SF
Space Use
Restaurant
Position
Outparcel
Available
Now

1st Floor

Size 4,319 SF
Space Use Restaurant
Position Outparcel
Available Now

Fully built out restaurant space - great location Lots of overflow parking - full easement for parking and access. Strong anchor tenants in retail center All FFE still in place.

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1270 Lancaster Dr SE, Salem, OR - aerial map view

Nearby Major Retailers

Winco Foods
Dutch Bros
Denny's
Chase Bank
Krispy Krunchy Chicken

PROPERTY TAXES

Parcel Number 580554 Improvements Assessment £813,167 (2023)
Land Assessment £322,093 (2023) Total Assessment £1,135,260 (2023)

PROPERTY TAXES

Parcel Number
580554
Land Assessment
£322,093 (2023)
Improvements Assessment
£813,167 (2023)
Total Assessment
£1,135,260 (2023)
(503) 730-7924

Contact

  • Listing ID: 33644136

  • Date on Market: 25/10/2024

  • Last Updated:

  • Address: 1270 Lancaster Dr SE, Salem, OR 97317

The Retail Property at 1270 Lancaster Dr SE, Salem, OR 97317 is currently available for sale. Contact First Commercial RE Advisor for more information.

Retail PROPERTIES IN NEARBY NEIGHBOURHOODS

Nearby Listings

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1270 Lancaster Dr SE, Salem, OR for sale Building Photo- Image 1 of 8
Front Entry
1270 Lancaster Dr SE, Salem, OR for sale Building Photo- Image 2 of 8
Actual Building
1270 Lancaster Dr SE, Salem, OR for sale Building Photo- Image 3 of 8
Entry to Lancaster Marketplace
1270 Lancaster Dr SE, Salem, OR for sale Aerial- Image 4 of 8
Aerial
1270 Lancaster Dr SE, Salem, OR for sale Other- Image 5 of 8
Monument signage
1270 Lancaster Dr SE, Salem, OR for sale Building Photo- Image 6 of 8
Re-purpose Building opportunity
1270 Lancaster Dr SE, Salem, OR for sale Building Photo- Image 7 of 8
Building Photo

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© 2024 CoStar Group

Shari's Restaurant Vacant Salem Oregon | 1270 Lancaster Dr SE
(503) 730-7924 x

Shari's Restaurant Vacant Salem Oregon | 1270 Lancaster Dr SE

Michael Foley

(503) 730-7924

(503) 730-7924

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