River St, Keizer, OR 97303
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.