Bend, OR 97703,1285 Wall ST
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Bend, OR 97703,1285 Wall ST
Bend, OR 97703,1285 Wall ST
Bend, OR 97703,1285 Wall ST
Bend, OR 97703,1285 Wall ST

$2,900,000

Est. payment /mo

$2,800,000

3.6%
Est.Price: ?

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

SOLD DATE : 08/02/2023

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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Oregon Data Share
Listed by Compass Commercial Real Estate
agent

Krista Greff

Agent | License ID: 201247075

+1(541) 419-9894

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