3603-3623 Candlewood Ct NE, Keizer, OR

Listing office Tradition Real Estate Partners p***@traditionrep.com Show Phone

Listing date Nov 25, 2025

Source Moodyscre

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Overview

This property features 5,101 square feet of space divided into four fully occupied industrial flex units. Each unit includes a drive-in bay door, warehouse space, and a mezzanine with a small office. The property is 100% leased, providing consistent income. The zoning is Industrial General (IG), accommodating a wide range of industrial flex and commercial activities. The lot size is 0.14 acres. Three of the four tenants are on month-to-month leases, allowing potential owner occupancy of multiple units. The property is designed for durability, supporting light industrial flex and service-oriented businesses. Drive-in bay doors ensure operational efficiency for tenants. The property is offered at a sale price of $940,000, with a net operating income of $56,400 and a 6% cap rate. This is a stable industrial flex asset with strong returns and significant owner user potential in a high-demand market.

Suggested Use

Law Firm Hotel & Motel Dental Office Real Estate Agency HVAC Service Pharmacy Furniture & Home Goods Clothing & Fashion Store Accounting Firm Wine and Liquor Store

Zoning and permitted uses should be independently verified with local authorities.

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Location Insight

• Map
• Local Demand

City

Keizer

County

Marion

State

Oregon

Longitude

-123.017

Latitude

44.9782

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FAQs

What type of property is this?

Flex space - Fully leased industrial flex property with owner-user potential.

Where is this flex space located?

The property is located at 3603-3623 Candlewood Ct NE Keizer, OR.

What are key features of this property?

This property features: Strong Investment: 6% cap rate and $56,400 NOI indicate a stable, income‑generating industrial flex asset.; Owner‑User Potential: Three of four units on month‑to‑month leases offer flexibility for owner occupancy.; 100% Occupancy: Fully leased property provides immediate and consistent income.