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4205 Cherry Ave NE - Cherry Ave Office 2,475 SF Specialty Building Offered at $500,000 in Keizer, OR 97303
Executive Summary
The subject property located at 4205 Cherry Avenue NE may ultimately be sold individually, but it is strongly preferred that it be sold as part of the broader adjacent portfolio.
Located at 4205 Cherry Avenue NE in Keizer, Oregon, this property enjoys a prominent corner presence just off River Road North, one of the city’s primary arterials. Situated at a signalized intersection with strong visibility and easy access, the site benefits from an average daily traffic count exceeding 26,000 vehicles nearby. The property is zoned CM (Commercial Mixed Use), offering a wide array of potential future uses, including office, retail, or mixed commercial development.
The 2,475 SF building is currently leased to a single tenant on a short term basis and sits on a 6,534 SF parcel.
Located at 4205 Cherry Avenue NE in Keizer, Oregon, this property enjoys a prominent corner presence just off River Road North, one of the city’s primary arterials. Situated at a signalized intersection with strong visibility and easy access, the site benefits from an average daily traffic count exceeding 26,000 vehicles nearby. The property is zoned CM (Commercial Mixed Use), offering a wide array of potential future uses, including office, retail, or mixed commercial development.
The 2,475 SF building is currently leased to a single tenant on a short term basis and sits on a 6,534 SF parcel.
Property Facts
| Price | $500,000 | Building Size | 2,475 SF |
| Price Per SF | $202.02 | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1985 |
| Property Type | Specialty | Tenancy | Single |
| Property Subtype | Movie/Radio/TV Studio | Parking Ratio | 2.02/1,000 SF |
| Building Class | C | Cross Streets | Manbrin Drive NE |
| Lot Size | 0.15 AC | ||
| Zoning | CM - Commercial Mixed Use | ||
| Price | $500,000 |
| Price Per SF | $202.02 |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Movie/Radio/TV Studio |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 2,475 SF |
| No. Stories | 1 |
| Year Built | 1985 |
| Tenancy | Single |
| Parking Ratio | 2.02/1,000 SF |
| Cross Streets | Manbrin Drive NE |
| Zoning | CM - Commercial Mixed Use |
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Walk Score®
Very Walkable (74)
Bike Score®
Very Bikeable (71)
Property Taxes
| Parcel Number | 525054 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $272,840 |
Property Taxes
Parcel Number
525054
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$272,840
Contacts
-
Nick Williams, CCIM -
Curt Arthur, SIOR -
Toran Schmidgall -
Capacity Commercial Group LLC
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4205 Cherry Ave NE - Cherry Ave Office
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