For Sale
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Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Springfield market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
CC-COMMUNITY COMMERCIAL · Springfield, ORZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CC-COMMUNITY COMMERCIAL in Springfield, OR.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning