390 Lancaster Dr NE
Salem OR 97301
Former Miller Paint - Salem
390 Lancaster Dr NE Salem OR 97301
Listing #: 709557 | Status: Available | Last Modified: 4/9/2026 |
For Sale
- Phone:(206) 826-5787
- Email:brownretailgroup@marcusmillichap.com
- Office Name:Marcus & Millichap, Inc.
- Office Phone:(206) 826-5700
- Office Website:www.marcusmillichap.com
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 1,210,000.0
- $/SF$ 184.9
- Listing StatusAvailable
- Days on Market60
- Asset ClassRetail, Specialty
- Terms
- Investment Type
- Investment PropYes
- Gross Income0
- Vacancy Factor %0.00%
- Operating Expenses0
- Net Operating Income0
- CAP Rate 0.00 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- Crane Count
- Crane Tonnage0
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Second Road Front
- Grade Level Door Count
- Tennant Improvement Allowance
- Building StatusExisting
- # of Buildings1
- # of Floors1
- # of Units0
- # of Elevators
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF6545
- Net Rentable Area6545
- Total Office SF
- Largest Contiguous SF
- Lot SF13721
- Acres0.32
- Property TypeRetail
- Office Type
- Building Class
- CountyMarion
- Vicinity
- Location Description
- Second Address
- Cross Street
- Market AreaNot Assigned
- Tax ID #072W30CA04200
- Additional Parcels
- ZoningCG
- # Covered Spaces0
- # Uncovered Spaces0
- Total Parking Spots0
- Parking Ratio
- Year Built1979
- Year Renovated2019
- Completion Date
- Roof Type
- Construction TypeFramed
Former Miller Paint - Salem
Brown Retail Group of Marcus & Millichap has have been selected to exclusively market for sale the former Miller Paint in Gresham, OR, an owner/user or value-add investor opportunity. The property features a 6,545 SF commercial building on 0.31 acres in Salem, OR, with an open layout including retail, warehouse, and second floor mezzanine/office space, providing for numerous use options. The property has prominent frontage along Lancaster Drive NE, a primary north-south arterial, providing exceptional visibility, signage exposure, and strong drive-by traffic, with a protected turning lane for easy access from both traffic directions, and 9 parking stalls for easy employee/customer parking. The property is located within a dynamic retail and medical corridor, surrounded by national and regi








