1285 Nw Wall Street, Bend, 97703

Commercial Sale For Sale in CLAB

$2,800,000

Beds
Baths
9,148Sqft
.21Acres
1950Built
99DOM
MLS® #: 202001843
Active, 99 Days on Market

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. Building heights up to 55 feet are permitted. 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.

Essential Information

MLS® #: 202001843
Price: $2,800,000
Square Footage: 9,148
Square Footage: 8868.00
Acres: 0.21
Year Built: 1950
Type: Commercial Sale
Status: Active

Community Information

Address: 1285 Nw Wall Street
Subdivision: CLAB
City: Bend
County: Deschutes
State: OR
Zip Code: 97703

Amenities

Parking: Asphalt, On Street, Parking Lot

Interior

Heating: Forced Air
Stories: One

Exterior

Lot Description: -
Foundation: Other

Additional Information

Date Listed: March 4th, 2020
Days on Market: 99
Listing Office: Compass Commercial Real Estate
Zoning: CL

Listing Details

Listing Office: Compass Commercial Real Estate

Financials

$/SqFt: $306

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