5305-5309 River Rd N
$975,000
5305-5309 River Rd N Keizer, OR 97303
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About this listing
Well-maintained and fully leased office building for sale on Keizer's main commercial corridor. Easy access and just two miles from Interstate-5. The building has four HVAC units, all newer. Three units were replaced in the past two years. The roof was replaced in 2021. Established long-term tenants. Current rents are below market value, giving upside potential.
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Cap Rate
5.53%
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Building Size
4,341 sqft
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Lot Area
0.44 acres
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Year Built
1990
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Zoning
MU
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MLS ID
816276
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Floors
1
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Parking Spots
28
DESCRIPTION
- • Lot Dimension: 388x137
- • Tax Roll Number: 520299
- • Annual Tax: $ 13550.0
- • Average Occupancy Rate: 100.0
- • Max Contiguous Area: 4311.0
- • Min Divisible Area: 800.0
- • Lot Size: Under 1/2 Acre
- • Age: 31-40 Years Old
- • Sewer: City
- • Water: City Water
Melissa Rodriguez
License #: 201222077
Coldwell Banker Commercial Mountain West Real Estate
Salem, OR
