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    OFF-MARKET
    Office Spaces

    River St, Keizer, OR 97303

    2,640 SF 0.48 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional single-story brick office building, situated in the heart of Keizer, Oregon, presents a unique investment opportunity. Boasting 2,640 square feet on a 0.48-acre lot, the property enjoys 124 feet of frontage on River Road, ensuring high visibility and accessibility. The building has served as a highly successful chiropractic clinic for many years, demonstrating its suitability for medical or professional office use. Ample parking is provided with 30 designated spaces, exceeding the 11/100 parking ratio. The interior layout includes a spacious reception/waiting area, two restrooms, two private offices, and eight exam rooms, all complemented by substantial storage space for records and equipment. The expansive lot offers significant potential for future expansion. Preliminary assessments suggest the possibility of subdividing the lot and constructing an additional building on the rear portion, subject to city approvals and feasibility studies (sewer line access is available). This property is being offered at $849,500 and represents a rare chance to acquire a well-established, versatile commercial space in a desirable Keizer location. The existing infrastructure and ample parking make this an ideal property for a variety of professional uses. The high visibility and prominent location on River Road offer excellent potential for business growth and success.

    Property profile
    Verified
    Property type Office Spaces
    Total area 2,640 SF
    Lot 0.48 ac (20,909 SF)
    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
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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