2359 NE Division Street, Bend, OR 97703

$2,450,000
Property Type: Commercial Sale Square Footage: 5,128 Lot Size (sq. ft.): 14,375 Status: Closed
Current Price: $2,450,000 List Date: 9/17/2022 Last Modified: 2/10/2026

Overview

Description

Amazing opportunity in NW Bend to own a 19 unit motel. This was being run as a communal living space. A new owner could continue with the communal living, turn it into micro units, or use as a nightly rental accommodation, just to name a few. Commercial Limited zoning allows for a multitude of uses including but not limited to retail, restaurant, nightly accommodations, residential as part of mixed use, production offices, senior living, storage. Just one block from the river, 1/2 mile from the original surf wave, 1st street rapids, 1 mile from downtown Bend, easy access to the river trail, this location is ideal.

Listing Details MLS# 220151609

General Property Information

Building Area Total
5128
Building Area Source
Assessor
Building Area Units
Square Feet
# of Units Total
19
Year Built
1955
New Construction YN
No
Zoning
CL
Tax Annual Amount
9634.47
Tax Year
2021
CC&R's YN
No
FIRPTA YN
No
Sign On Property YN
Yes

Property Features

Additional Features: Common Area; Kitchen; Laundry Facility; Manager's Quarters Basement: None Common Walls: 2+ Common Walls Construction Materials: Frame Cooling: Wall/Window Unit(s) Flooring: Tile; Vinyl Foundation Details: Stemwall Heating: Electric Levels: Two Roof: Composition Security Features: Smoke Detector(s) Window Features: Double Pane Windows Business Type (AKA Sub Type): Hospitality; Travel Owner Pays: Common Area Maintenance; Electricity; Exterior Maintenance; Gas; Insurance; Interior Maintenance; Repairs; Sewer; Taxes; Water Utilities: Electricity Connected Lot Features: Corner Lot Parking Features: On Street; Parking Lot Road Surface Type: Paved Sewer: Public Sewer Water Source: Public Listing Terms: Cash; Conventional; Owner Will Carry Special Listing Conditions: Standard

Location Tax and Legal

Street Number
2359
Street Dir Prefix
NE
Street Name
Division
Street Suffix
Street
County
Deschutes
State
OR
Postal Code
97703
Subdivision Name
Orokla

Contract Information

Original List Price
2500000
Listing Contract Date
2022-08-08
Dual Listing YN
No

Remarks and Miscellaneous

Public Remarks
Amazing opportunity in NW Bend to own a 19 unit motel. This was being run as a communal living space. A new owner could continue with the communal living, turn it into micro units, or use as a nightly rental accommodation, just to name a few. Commercial Limited zoning allows for a multitude of uses including but not limited to retail, restaurant, nightly accommodations, residential as part of mixed use, production offices, senior living, storage. Just one block from the river, 1/2 mile from the original surf wave, 1st street rapids, 1 mile from downtown Bend, easy access to the river trail, this location is ideal.

Status Change Information

Close Date
2022-12-01
Under Contract Date
2022-10-07
Status Change Timestamp
2022-12-01
Close Price
2450000
Sold Price per SqFt
477.77

More Information

Currently Not Used

List Price per SqFt
487.52

Business Details

Business Included?
No

Parking Details

Parking
Yes
# of Parking Spaces
20
Listing Office: Bend Premier Real Estate LLC
Last Updated: February - 10 - 2026
Broker Attribution: 541-233-6922

Information deemed reliable but not guaranteed.