Blum Real Estate

Courtesy: JOHN L. SCOTT-SALEM

For more information on this listing, please contact...

  • Price:

    • $880,000

  • Listing #:
    • 800074
  • Class:
    • Commercial
  • Type:
    • Retail
  • Status:
    • Active
  • Apx. Sqft.:
    • 1991
  • Address:
    • 4140 River Rd
  • City:
  • County:
    • Marion
  • Area:
    • 10 Keizer
  • State:
    • OR
  • Zip:
    • 97303

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Description

Unique opportunity to own a half-acre commercial property on a high-volume main road, zoned for mixed use & surrounded by residential layers. 29k average daily traffic count on River Rd. Cherry Avenue bifurcates toward MLK Blvd on opposite side of property. The City of Keizer will allow harvest of perimeter Douglas Firs at $800/mbf. Building tenant is a highly successful long-term restaurant occupant.
  • 1
    • Basement:
      • - Full
      • - Unfinished
  • 2
    • Property Name:
      • - Sweet Home Thai Cuisine
    • Property Use Type:
      • - Business
      • - Investment
    • Water:
      • - City
    • Approx Lot Sqft:
      • - 21344
    • Frontage Feet:
      • - 101
    • Parking Ratio/1000:
      • - 10
    • Sewer:
      • - City
  • 3
    • Cap Rate:
      • - 5.11%
  • Miscellaneous
    • Zoning:
      • - MU
    • Days On Market:
      • - 210
    • Agency Type:
      • - Exclusive Right To Sell
    • Assessments Or Liens:
      • - No
    • Price Per Sqft:
      • - 441.99
    • Price Per Acre:
      • - 1795918.37
    • Taxes:
      • - 4563
    • Tax Year:
      • - 2022
    • Tenancy:
      • - Single
    • Terms Seller Will Conside:
      • - Cash
      • - Land Sales Contract
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For more information on this listing, please contact...