Keizer Plaza

$3,800,000

4900 River Rd N Keizer, OR 97303

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About this listing

If you're an investor looking for a fully leased property, then Keizer Plaza, with its impressive 16,870 square feet of prime retail space, is an opportunity you won't want to miss. With 13 tenants on board, including a variety of retail stores, food users, and services, this shopping center is a bustling hub of activity. What's more, it's located right on River Road, Keizer's main thoroughfare, and is easily accessible to customers via public transportation. Originally built in 1964, the center underwent a complete renovation in 2006, providing a modern and updated space for all tenants. Seller to provide financial documents upon receipt of a NDA with the buyer.

  • Cap Rate

    6.02%

  • Building Size

    16,870 sqft

  • Lot Area

    1.25 acres

  • Year Built

    1964

  • Zoning

    Commercial Mixed Use

  • MLS ID

    524986

  • Parking Spots

    56

  • Parking Ratio

    3

DESCRIPTION

  • • Lot Dimension: 389x140
  • • Annual Tax: $ 25394.0
  • • Average Occupancy Rate: 100.0
  • • Max Contiguous Area: 16656.0
  • • Age: Over 50 Years Old
  • • Lot Size: 1-2 Acres
  • • Sewer: City
  • • Water: City Water

DOCUMENTS

Map



Pamela Rushing

Pamela Rushing

Coldwell Banker Commercial Mountain West Real Estate
Salem, OR
Melissa Rodriguez

Melissa Rodriguez

License #: 201222077
Coldwell Banker Commercial Mountain West Real Estate
Salem, OR

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