Keizer Core Redevelopment Opportunity

4200 River Rd N Keizer, OR 97303

4200 River Rd N, Keizer, OR, 97303
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FOR SALE
Property Type:
Restaurant
Amount:
$2,500,000
Last Verified:
May 21, 2025

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Highlights

  • High-profile commercial site
  • Dual access
  • High traffic count
  • Seller will consider owner-carry

Description

4200 River Road N presents a rare opportunity to acquire one of Keizer’s most high-profile commercial sites. Situated at the signalized intersection of River Road N and Manbrin Dr NE, this 0.80-acre parcel offers dual frontage, excellent access from both streets, and visibility that’s unmatched in the market. Restaurant shall remain operational until Q3 2025. Transaction is for real estate only, business is not for sale.

Seller may consider an owner-carry transaction for a well-qualified buyer.

Strategically positioned near the signalized intersection of River Road N and Manbrin Dr NE, this 0.80-acre property occupies one of Keizer’s most prominent commercial corridors. With dual frontage and full access from both River Road N and Cherry Avenue NE—totaling over 320 feet of street exposure—the site offers exceptional ingress and egress, a rarity in today’s urban landscape.

The property is zoned CMU (Commercial Mixed Use), making it highly versatile for retail, office, or redevelopment scenarios. It currently features an 8,840 SF restaurant building, JC’s Pizzaria, with ample on-site parking exceeding minimum code requirements. The corner lot benefits from strong traffic counts (27,921 vehicles/day on River Road) and is surrounded by a healthy mix of commercial, residential, and institutional uses. Its proximity to major retail hubs such as Keizer Station and its visibility along the city's main arterial make this an unmatched opportunity in one of Oregon’s most supply-constrained submarkets.


Year Built: 1947
Building Size: 8840sq ft
Lot Size: 0.8 acres


Documents

4200 River Rd Brochure 5-19-25

Map of 4200 River Rd N, Keizer, OR, 97303

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.