$925,000
$975,000
5.1%For more information regarding the value of a property, please contact us for a free consultation.
4560 River RD N Keizer, OR 97303
462 SqFt
Key Details
Sold Price $925,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 462 sqft
Price per Sqft $2,002
MLS Listing ID 220193114
Sold Date 04/24/26
Year Built 2018
Annual Tax Amount $5,521
Lot Size 10,454 Sqft
Acres 0.24
Lot Dimensions 0.24
Property Description
The new owner will have passive income with the Absolute NET investment opportunity. Annual NOI is 59,605.92. The property is fully leased to Black Rock Coffee Bar corporate on a 10-year term with annual rent increases that commenced in August 2021 that includes two 5 year options to extend. This location was established in 2018 and has a great track record of performance. The site is a .24 AC corner lot with a 462 SQFT Building was completed in October of 2018. This location is along River Road N and Dietz Avenue NE with frontage along River Road N, which is a well-traveled arterial. The subject improvements are in good condition and are of good quality. Listing Agent is a member of the selling entity.
Location
State OR
County Marion
Rooms
Basement None
Interior
Heating Ductless, Electric, ENERGY STAR Qualified Equipment, Forced Air
Cooling Central Air, ENERGY STAR Qualified Equipment
Window Features Low-Emissivity Windows,Double Pane Windows
Exterior
Parking Features Asphalt, Driveway, On Street
Roof Type Composition
Building
Lot Description Corner Lot, Drip System, Landscaped, Level, Sprinkler Timer(s), Sprinklers In Front
Foundation Concrete Perimeter
Water Public
Level or Stories One
Structure Type Concrete,Frame
New Construction No
Others
Senior Community No
Tax ID 547987
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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