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2538 NE Division Street

Bend, OR 97703
  • $1,500,000
  • STATUS: Active
  • ON SITE: 7 days
  • MLS #: 220127719
UPDATED: 58 min ago
$1,500,000
  • 0
    BEDS
  • 0.56
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,184
    SQFT
  • $289
    $/SQFT
Type:
Commercial
Built:
1973
County:
Area:

School Ratings & Info


Listing courtesy of The Hasson Company.

Description

Two high quality office buildings which are currently fully NNN leased to established Bend businesses through 2025, and includes one residential apartment. These recently updated/remodeled buildings are conveniently located near Bend Parkway access and downtown Bend, and enjoy a beautiful unobstructed view of the Deschutes River. Additional features include modern interior finishes, solar electric panels, ductless heat pumps, and generous paved off street parking. This CL zoned investment property and/or future owner/user opportunity also features great visibility from NE Division Street. Property is located in an Opportunity Zone.

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© 2021 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Coldwell Banker Sun Country Realty, Inc. are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Coldwell Banker Sun Country Realty, Inc.. Data last updated: .2021-07-29T06:44:38.38
www.cbsun.com/homes/119528331
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2538 NE Division Street Bend, OR 97703

  • Price: $1,500,000
  • Status: Active
  • Updated: 58 min ago
  • MLS #: 220127719
0
Beds
0
Baths
0
½ Baths
0.56
Acres
5,184
SQFT
$289
$/SQFT
1973
Built
County:
Deschutes
Area:
Bend
Property Description
Two high quality office buildings which are currently fully NNN leased to established Bend businesses through 2025, and includes one residential apartment. These recently updated/remodeled buildings are conveniently located near Bend Parkway access and downtown Bend, and enjoy a beautiful unobstructed view of the Deschutes River. Additional features include modern interior finishes, solar electric panels, ductless heat pumps, and generous paved off street parking. This CL zoned investment property and/or future owner/user opportunity also features great visibility from NE Division Street. Property is located in an Opportunity Zone.
Exterior Features

Construction Materials Frame Foundation Details SlabStemwall Levels Multi/SplitOneTwo Parking Details Numberof Parking Spaces 23 Parking Details Parking Yes Parking Features AsphaltParking Lot Roof CompositionMembrane

Interior Features

Additional Features KitchenOffice SpaceSeparate Electric MetersSeparate Gas Meters Cooling Central AirHeat Pump Flooring BambooCarpetConcreteHardwoodLaminate Heating DuctlessForced AirHeat PumpNatural Gas Security Features Security System LeasedSmoke Detector(S) Unit1 Square Footage 608.00 Unit2 Rent Escalators Yes Unit2 Square Footage 1069.00 Unit3 Rent Escalators Yes Unit3 Square Footage 1500.00 Unit4 Rent Escalators Yes Unit4 Square Footage 784.00 Unit5 Rent Escalators Yes Unit5 Square Footage 1232.00

Property Features

Additional Parcels YN Yes Business Type Professional/Office CCAnd Rs YN No Cross Street Bend Parkway Existing Lease Type Nnn FIRPTAYN No Government Overlay Opportunity Zone Incomeand Expenses Annual Amounts Cap Rate Perc 5.50 Incomeand Expenses Annual Amounts Net Operatin 82429.00 Incomeand Expenses Annual Amounts Vacancy Perc 0.00 Listing Terms CashConventional New Construction YN No Owner Pays ElectricityExterior MaintenanceGasRepairsSewerTaxesWater Power Production Public Utilities Sewer Public Sewer Special Assessments None Special Listing Conditions Standard Tax Annual Amount 7698.00 Tax Year 2021 Tenant Pays Common Area MaintenanceElectricity Unit1 Monthly Rent 1195.00 Unit1 Status Leased Unit1 Unit Number 2 Unit2 Monthly Rent 1468.00 Unit2 Status Leased Unit2 Tenant Name Arbor Builders Llc Unit2 Unit Number Suite 150 Unit3 Monthly Rent 2227.00 Unit3 Status Leased Unit3 Tenant Name Signal Ventures Llc Unit3 Unit Number Suite 250 Unit4 Monthly Rent 1119.00 Unit4 Status Leased Unit4 Tenant Name Velocity Property Management Llc Unit4 Unit Number Unit 1 Unit5 Monthly Rent 1764.00 Unit5 Status Leased Unit5 Tenant Name Signal Ventures Llc Unit5 Unit Number 2538 View River Zoning Cl

Listing information © 2021 MLS of Central Oregon
Listing provided courtesy of The Hasson Company.

© 2021 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Coldwell Banker Sun Country Realty, Inc. are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Coldwell Banker Sun Country Realty, Inc.. Data last updated: .2021-07-29T06:44:38.38
 
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Coldwell Banker Sun Country Realty, Inc.
750 NW 3rd Street
Prineville OR, 97754

Listing courtesy of The Hasson Company.