2550 NE 2nd Street, Bend, OR 97701

$2,062,500
Property Type: Commercial Sale Square Footage: 8,240 Lot Size (sq. ft.): 17,424 Status: Closed
Current Price: $2,062,500 List Date: 10/20/2025 Last Modified: 2/10/2026

Overview

Description

This prime ME zoned commercial property has 2 updated Industrial buildings (6 units total) that can accommodates multiple uses. Ideal for both owner/user and investor. Centrally located, surrounded by many rooted businesses, and has great visibility and accessibility from two of Bend's largest corridors (Bend Pkwy/Hwy97 and 3rdst/Hwy20). The South Building is 4,880 SF and has 4 units at 1,220 SF each. The North Building is 3,360 SF and has 2 units (2,075 SF and 1,285 SF). All units have an office space, bathroom, 20 ft. ceiling workspace, 12x12 overhead door, and a mezzanine for extra usable SF. Fully fenced with security fencing and 2 lockable gates. Tenant leases in the South building are through Sept.2025 and Jan.2026. Owner occupies North Building and is willing to lease back or vacate. Each building sits on its own parcel and owner is willing to sell South side separately.

Listing Details MLS# 220205854

General Property Information

Building Area Total
8240
Building Area Source
Assessor
Building Area Units
Square Feet
# of Units Total
6
Year Built
1979
New Construction YN
No
Zoning
ME
Tax Annual Amount
9182.62
Tax Year
2024
Potential Tax Liability YN
No
CC&R's YN
No
Preferred Escrow Company & Officer
FATCO-Sabrina Norton
FIRPTA YN
No
Sign On Property YN
Yes

Property Features

Additional Features: Mezzanine; Office Space; Separate Electric Meters; Separate Gas Meters Common Walls: 1 Common Wall Construction Materials: Block Cooling: None Flooring: Concrete Foundation Details: Slab Heating: Electric; Natural Gas Levels: One Roof: Membrane Security Features: Carbon Monoxide Detector(s); Smoke Detector(s) Existing Lease Type: Gross Business Type (AKA Sub Type): Mixed Owner Pays: Common Area Maintenance; Exterior Maintenance; Insurance; Sewer; Taxes; Water Tenant Pays: Electricity; Gas Flood: N/A Utilities: Electricity Connected; Natural Gas Connected Lot Features: Fenced; Level Miscellaneous Information: Overhead/Dock Doors Parking Features: Asphalt; Attached; Gated; On Street; Parking Lot Road Surface Type: Paved Structure Type: Industrial; Mixed Use; Office; Warehouse Power Production: None Sewer: Public Sewer Water Source: Public Listing Terms: Cash; Conventional Special Listing Conditions: Standard

Location Tax and Legal

Street Number
2550
Street Dir Prefix
NE
Street Name
2nd
Street Suffix
Street
County
Deschutes
State
OR
Postal Code
97701
Subdivision Name
Riverside

Contract Information

Original List Price
2197000
Listing Contract Date
2025-07-15
Dual Listing YN
No

Remarks and Miscellaneous

Public Remarks
This prime ME zoned commercial property has 2 updated Industrial buildings (6 units total) that can accommodates multiple uses. Ideal for both owner/user and investor. Centrally located, surrounded by many rooted businesses, and has great visibility and accessibility from two of Bend's largest corridors (Bend Pkwy/Hwy97 and 3rdst/Hwy20). The South Building is 4,880 SF and has 4 units at 1,220 SF each. The North Building is 3,360 SF and has 2 units (2,075 SF and 1,285 SF). All units have an office space, bathroom, 20 ft. ceiling workspace, 12x12 overhead door, and a mezzanine for extra usable SF. Fully fenced with security fencing and 2 lockable gates. Tenant leases in the South building are through Sept.2025 and Jan.2026. Owner occupies North Building and is willing to lease back or vacate. Each building sits on its own parcel and owner is willing to sell South side separately.

Status Change Information

Close Date
2025-11-10
Under Contract Date
2025-10-19
Status Change Timestamp
2025-11-12
Close Price
2062500
Sold Price per SqFt
250.3

More Information

Currently Not Used

List Price per SqFt
266.63

Unit 1

Unit #
2542
Tenant Name
Twinco
Monthly Rent
1800
Price Per SqFt
1.47
Option to Extend
No

Unit 2

Unit #
2544
Tenant Name
Twinco
Monthly Rent
1800
Price Per SqFt
1.47
Option to Extend
No

Unit 3

Unit #
2546
Tenant Name
OTB
Monthly Rent
1750
Price Per SqFt
1.43
Option to Extend
No

Unit 4

Unit #
2548
Tenant Name
OTB
Monthly Rent
1750
Price Per SqFt
1.43
Option to Extend
No

Unit 5

Unit #
2550 A
Tenant Name
OWNER

Unit 6

Unit #
2550 B
Tenant Name
OWNER

Business Details

Business Included?
No

Miscellaneous Information

# of Grade Level Doors
6
# Overhead/Dock Doors
6

Parking Details

Parking
Yes
# of Parking Spaces
16
Listing Office: Cascade Hasson SIR
Last Updated: February - 10 - 2026
Information deemed reliable but not guaranteed.