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.
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0BEDS
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1.05ACRES
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0BATHS
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01/2 BATHS
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14,948SQFT
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$187$/SQFT
School Ratings & Info
Listing courtesy of Compass Commercial Real Estate.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.
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