Central Oregon Homes, Land & Acreage for Sale

431 NW Franklin Avenue, Bend, OR 97703

$2,345,000

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Property Type: Commercial Sale Square Footage: 7,540 Lot Size (sq. ft.): 6,534 Status: Closed

Current Price: $2,345,000 List Date: 10/21/2021 Last Modified: 2/10/2026

Overview

Description

This Hard to find commercial building is in a prime Downtown Bend location with good visibility and lots of traffic. It is just one block from all downtown amenities; restaurants, retail businesses, offices, theaters and The Deschutes River. Downtown Bend has a vibrant social and cultural attitude, with multiple events monthly, all year around, of interest to residents and visitors alike. This office building is currently leased to two tenants. Offices, conference rooms, lobby, work rooms on two-levels, plus small retail space with outdoor seating and a rare basement perfect for extra storage space.

Listing Details MLS# 220134225

General Property Information

Building Area Total: 7540
Building Area Source: Assessor
Building Area Units: Square Feet
# of Units Total: 2
Year Built: 1935
New Construction YN: No
Zoning: CB
Tax Annual Amount: 7149.1
Tax Year: 2019
CC&R's YN: Yes
FIRPTA YN: No
Sign On Property YN: No

Property Features

Common Walls: No Common Walls Construction Materials: Block; Brick Cooling: Wall/Window Unit(s) Flooring: Carpet; Hardwood Foundation Details: Stemwall Heating: Electric Levels: Two Roof: Asphalt Existing Lease Type: NNN Business Type (AKA Sub Type): Professional/Office Parking Features: Asphalt; Parking Lot Special Assessments: None View: Territorial Power Production: None Sewer: Public Sewer Water Source: Public Listing Terms: Cash Special Listing Conditions: Standard

Location Tax and Legal

Street Number: 431
Street Dir Prefix: NW
Street Name: Franklin
Street Suffix: Avenue
County: Deschutes
State: OR
Postal Code: 97703

Contract Information

Original List Price: 2400000
Listing Contract Date: 2021-10-21

Remarks and Miscellaneous

Public Remarks: This Hard to find commercial building is in a prime Downtown Bend location with good visibility and lots of traffic. It is just one block from all downtown amenities; restaurants, retail businesses, offices, theaters and The Deschutes River. Downtown Bend has a vibrant social and cultural attitude, with multiple events monthly, all year around, of interest to residents and visitors alike. This office building is currently leased to two tenants. Offices, conference rooms, lobby, work rooms on two-levels, plus small retail space with outdoor seating and a rare basement perfect for extra storage space.

Status Change Information

Close Date: 2021-12-15
Under Contract Date: 2021-12-14
Status Change Timestamp: 2021-12-16
Close Price: 2345000
Sold Price per SqFt: 311.01

More Information

Currently Not Used

List Price per SqFt: 318.3

Business Details

Business Included?: No

Parking Details

Parking: Yes
# of Parking Spaces: 5

Listing Office: Cascade Hasson SIR

Last Updated: February - 10 - 2026

Information deemed reliable but not guaranteed.