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Property profile & analytics
OFF-MARKET
Commercial real estate

4265 Main St Springfield, OR 97478-5954

0.2 ac lot
Entity Owned Free & Clear
Property ID
US71-0166769
Property summary
AI-generated overview

This exceptional commercial property at 4265 Main Street in Springfield, Oregon, presents a rare opportunity for a savvy investor. The iconic McKenzie Cafe, a beloved Springfield diner for over 40 years, occupies this prime location. The property encompasses two tax lots and features two buildings totaling 1,614 square feet, situated on a 0.2-acre lot. Its prominent Main Street address ensures high visibility and accessibility. The restaurant itself is a turnkey operation, ready for immediate use, and boasts a long-standing reputation within the community. The building is equipped with a durable, lifetime membrane roof, minimizing future maintenance costs. The property's CC zoning allows for a variety of commercial uses, making it suitable for diverse business ventures beyond its current configuration. This presents a unique chance to acquire an established business or to redevelop the property to suit your specific needs. The seller is offering financing options, including a seller carry or lease option, for qualified buyers. This is an exceptional opportunity to own a piece of Springfield history and capitalize on a thriving commercial location. The property's strong history, prime location, and flexible options make it an attractive investment.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.2 ac (8,712 SF)
Zoning code CC-COMMUNITY COMMERCIAL
APN 17-02-32-31-02901-000
UPID US71-0166769
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
MCKENZIE CAFE LLC
MCKENZIE CAFE LLC
Zoning & alternative use
CC-COMMUNITY COMMERCIAL · Springfield, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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