Keizer Plaza
$4,175,000
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, promising a modern and updated space for all tenants. Seller to provide financial documents upon receipt of a NDA with the buyer. Seller will be doing a 1031 exchange and sale is contingent on seller closing on a replacement property. Closing to be with Ticor Title.
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Cap Rate
6.02%
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Building Size
16,870 sqft
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Lot Area
1.25 acres
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Year Built
1964
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Zoning
Commercial Mixed Use
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MLS ID
524986
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Parking Spots
56
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Parking Ratio
3
DESCRIPTION
- • Lot Dimension: 389x140
- • Annual Tax: $ 23907.0
- • Average Occupancy Rate: 100.0
- • Lot Size: 1-2 Acres
- • Age: Over 50 Years Old
- • Sewer: City
- • Water: City Water
Melissa Rodriguez
License #: 201222077
Coldwell Banker Commercial Mountain West Real Estate
Salem, OR US
