Property summary
The property consists of two ground-floor commercial units within the Osprey Point mixed-use development in downtown Independence. The units measure approximately 973 square feet and 1,293 square feet, and they can be leased separately or combined; the space is also designed to be demised to accommodate tenant-specific needs. The commercial areas are located within the lower level of the Osprey Point apartment building, which includes 39 apartments on the upper floors. The site is positioned across from Riverview Park and the Independence Amphitheater, with nearby amenities including a playground and views of the Willamette River; Riverview Park hosts large public events. The development is also near additional multifamily housing and a boutique hotel within about 1.5 blocks.
Property profile
VerifiedCap rate & NOI
Current use
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Apartment Building
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Spa & Massage Center Skin Care Clinic
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Electric Vehicle Charging Station
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Shopping Center & Mall
Location
Value estimations
Owner & transaction history
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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