4205 Cherry Ave NE - Specialty FOR SALE


Keizer, OR 97303
$500,000 USD
503-569-4449
4205 Cherry Ave NE, Keizer, OR for Sale
$500,000 USD
Specialty - FOR SALE
1/2
null | Request Cap Rate

4205 Cherry Ave NE
Keizer, OR 97303


OVERVIEW

The subject property located at 4205 Cherry Avenue NE may ultimately be sold individually, but it is strongly preferred that it be sold as part of the broader adjacent portfolio. Located at 4205 Cherry Avenue NE in Keizer, Oregon, this property enjoys a prominent corner presence just off River Road North, one of the city’s primary arterials. Situated at a signalized intersection with strong visibility and easy access, the site benefits from an average daily traffic count exceeding 26,000 vehicles nearby. The property is zoned CM (Commercial Mixed Use), offering a wide array of potential future uses, including office, retail, or mixed commercial development. The 2,475 SF building is currently leased to a single tenant on a short term basis and sits on a 6,534 SF parcel.

FOR SALE DETAILS

PRICE

$500,000 USD

PRICE/SF

$202 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cherry Ave Office

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

CM

APN/PARCEL ID

525054

ASK ABOUT THIS PROPERTY

Nick Williams, CCIMCapacity Commercial Group LLCMore Info
503-569-4449

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Nick Williams, CCIMCapacity Commercial Group LLCMore Info
503-569-4449

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.