526 NW 6th Street, Redmond, OR 97756

$1,700,000
Property Type: Commercial Sale Square Footage: 10,350 Lot Size (sq. ft.): 11,761 Status: Closed
Current Price: $1,700,000 List Date: 12/14/2023 Last Modified: 2/10/2026

Overview

Description

Premium downtown Redmond property directly across the street from newly renovated Redmond Hotel. This offering includes 3 buildings plus a private 6 car parking lot. In addition to the private lot there is a city lot and street parking. Charming downtown location. Four tenants paying well below market. Great value add opportunity to do some upgrades and achieve market rate leases, or great of potential owner user. Rare opportunity.

Listing Details MLS# 220174876

General Property Information

Building Area Total
10350
Building Area Source
Assessor
Building Area Units
Square Feet
# of Units Total
4
Year Built
1910
New Construction YN
No
Zoning
C2
Tax Annual Amount
9920
Tax Year
2023
Potential Tax Liability YN
No
Assessment YN
No
CC&R's YN
No
FIRPTA YN
No
Sign On Property YN
Yes

Property Features

Additional Features: Kitchen; Separate Electric Meters; Separate Gas Meters Basement: None Common Walls: 2+ Common Walls Construction Materials: Concrete Cooling: Zoned; Other Flooring: Concrete; Vinyl Foundation Details: Slab Heating: Electric; Forced Air Interior Features: Built-in Features; Ceiling Fan(s) Levels: One Roof: Built-Up; Rolled/Hot Mop Security Features: Fire Sprinkler System Owner Pays: Exterior Maintenance Tenant Pays: Electricity; Gas; Repairs; Sewer; Water Utilities: Electricity Connected Government Overlay: Urban Renewal Lot Features: Level Parking Features: Alley Access; On Street; Parking Lot Road Surface Type: Paved Sewer: Public Sewer Water Source: Public Documents on File: Environment Report; Schedule of Tenants Listing Terms: Cash; Owner Will Carry Special Listing Conditions: Standard

Location Tax and Legal

Street Number
526
Street Dir Prefix
NW
Street Name
6th
Street Suffix
Street
County
Deschutes
State
OR
Postal Code
97756
Subdivision Name
Redmond Townsite

Contract Information

Original List Price
2200000
Listing Contract Date
2023-12-14
Dual Listing YN
No

Remarks and Miscellaneous

Public Remarks
Premium downtown Redmond property directly across the street from newly renovated Redmond Hotel. This offering includes 3 buildings plus a private 6 car parking lot. In addition to the private lot there is a city lot and street parking. Charming downtown location. Four tenants paying well below market. Great value add opportunity to do some upgrades and achieve market rate leases, or great of potential owner user. Rare opportunity.

Status Change Information

Close Date
2024-02-29
Under Contract Date
2024-02-01
Status Change Timestamp
2024-03-01
Close Price
1700000
Sold Price per SqFt
164.25

More Information

Currently Not Used

List Price per SqFt
212.56

Business Details

Business Included?
No

Miscellaneous Information

Backup Package Available
Yes

Parking Details

Parking
Yes
# of Parking Spaces
6
Listing Office: Compass Commercial Real Estate
Last Updated: February - 10 - 2026
Information deemed reliable but not guaranteed.