60885 SE 27th Street, Bend, OR 97702

$3,200,000
Property Type: Commercial Sale Square Footage: 12,298 Lot Size (sq. ft.): 415,127 Status: Closed
Current Price: $3,200,000 List Date: 10/11/2022 Last Modified: 2/10/2026

Overview

Description

Significant upside development opportunity with cash flow from existing residential and commercial improvements. This ten acre property is included in the City of Bend Southeast Area addition. City Council approval in February of 2021. Infrastructure plans including Streets, water & sewer, utilities are included in approval process and implementation of improvements scheduled to begin in early 2022. Property is approved for future annexation as Mixed Employment zoning. ME Zoning allows multiple commercial, office & professional and residential uses.

Listing Details MLS# 220133025

General Property Information

Building Area Total
12298
Building Area Source
Builder
Building Area Units
Square Feet
# of Units Total
4
Year Built
1999
New Construction YN
No
Zoning
ME
Tax Annual Amount
7784.19
Tax Year
2020
Potential Tax Liability YN
Yes
Assessment YN
Yes
CC&R's YN
No
Preferred Escrow Company & Officer
Western Title (Jill Jones)
FIRPTA YN
No
Sign On Property YN
No

Property Features

Additional Features: ADA Comply; Free Span Roof; Office Space Basement: None Common Walls: No Common Walls Construction Materials: Frame Cooling: Heat Pump Flooring: Hardwood; Vinyl Foundation Details: Stemwall Heating: Electric; Forced Air; Heat Pump Levels: Two Roof: Composition Business Type (AKA Sub Type): Medical Exterior Features: Fire Pit Flood: Unknown Utilities: Electricity Connected Lot Features: Adjoins Public Lands; Fenced; Rock Outcropping Other Structures: Animal Stall(s); Barn(s); Kennel/Dog Run; Shed(s); Stable(s); Storage Parking Features: Asphalt; Driveway; Gravel Patio and Porch Features: Deck; Patio Road Frontage Type: Other Road Surface Type: Gravel; Paved Special Assessments: None View: Cascade Mountains; Territorial Sewer: Standard Leach Field Water Source: Public Documents on File: Seller Disclosure Listing Terms: Cash Special Listing Conditions: Standard

Location Tax and Legal

Street Number
60885
Street Dir Prefix
SE
Street Name
27th
Street Suffix
Street
County
Deschutes
State
OR
Postal Code
97702

Contract Information

Original List Price
3200000
Listing Contract Date
2021-10-01
Dual Listing YN
No

Remarks and Miscellaneous

Public Remarks
Significant upside development opportunity with cash flow from existing residential and commercial improvements. This ten acre property is included in the City of Bend Southeast Area addition. City Council approval in February of 2021. Infrastructure plans including Streets, water & sewer, utilities are included in approval process and implementation of improvements scheduled to begin in early 2022. Property is approved for future annexation as Mixed Employment zoning. ME Zoning allows multiple commercial, office & professional and residential uses.
Directions
Entrance sign on 27th Street to High Desert Veterinary. Follow directional signs to parking lot.

Status Change Information

Close Date
2023-08-15
Under Contract Date
2023-03-24
Status Change Timestamp
2023-08-15
Close Price
3200000
Sold Price per SqFt
260.2

More Information

Currently Not Used

List Price per SqFt
260.2

Business Details

Business Included?
No

Parking Details

Parking
Yes
# of Parking Spaces
25

Documents

Listing Office: Coldwell Banker Commercial Realty
Last Updated: February - 10 - 2026
Information deemed reliable but not guaranteed.