For Sale
$885,000

River StKeizer, OR 97303

Prime Retail Space, High-Traffic Location

Overview

Added:
Feb 3
Days on market:
62
This exceptional 1,991 square foot retail property presents a unique investment opportunity in the thriving city of Keizer, Oregon. Situated on a prominent 0.49-acre lot on River Road, this location boasts an impressive average daily traffic count of 29,000 vehicles, ensuring high visibility and accessibility for your business. The property's mixed-use zoning allows for a variety of commercial ventures, complementing the existing highly successful long-term restaurant tenant. The strategic location on River Road, with Cherry Avenue providing access to MLK Boulevard, offers excellent connectivity and exposure to a large customer base. The surrounding area is densely populated with residential neighborhoods, creating a strong local market. Adding to the property's value, the City of Keizer permits the harvesting of perimeter Douglas Fir trees at a rate of $800 per thousand board feet, offering a potential additional revenue stream. This property is an ideal investment for those seeking a high-traffic, well-located commercial space with significant growth potential. The existing tenant provides immediate cash flow, while the mixed-use zoning and ample land offer flexibility for future development or expansion. Don't miss this chance to acquire a prime commercial property in a rapidly growing area. The combination of high traffic, desirable location, and potential for additional income makes this a truly exceptional opportunity.

Property Details for River St

Property type
Retail properties
Square Feet
1,991 SF
Lot Size (sq. ft)
21,344 SF

Location Insight

City
Keizer
County
Marion
State
Oregon
Latitude
45.01201
Longitude
-123.0207
River St, Keizer, Oregon

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River St
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