$2,900,000
$2,800,000
3.6%For more information regarding the value of a property, please contact us for a free consultation.
1285 Wall ST Bend, OR 97703
14,948 SqFt
Key Details
Sold Price $2,900,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 14,948 sqft
Price per Sqft $194
Subdivision Clab
MLS Listing ID 220139107
Sold Date 08/02/23
Year Built 1950
Annual Tax Amount $6,645
Lot Size 1.050 Acres
Acres 1.05
Lot Dimensions 1.05
Property Description
This is a once in a lifetime opportunity to acquire a large strategic property in the heart of downtown Bend. The site is in the path of progress in one of the most dynamic lifestyle markets in the USA. It has a great central location, is very close to the Deschutes River, and has great access to Highway 97. The property consists of two buildings and four tax lots with plenty of on-site parking.
The property is zoned Limited Commercial (CL). This zoning permits a wide range of uses including residential as part of a mixed-use development as well as retail, office, restaurant and lodging. There are currently nine tenants in the two buildings. All tenants are currently on month-to-month leases. An owner user has the ability to take over all the spaces in both buildings while the investor has the ability to improve the spaces and bring rents up to market. A full offering memorandum with financial information is available with a signed nda.
Location
State OR
County Deschutes
Community Clab
Interior
Heating Forced Air
Cooling Central Air
Exterior
Parking Features Asphalt
Roof Type Metal
Building
Entry Level One
Foundation Slab
Water Public
Structure Type Block
New Construction No
Others
Senior Community No
Tax ID 103284
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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