62910 O.B. Riley Road, Bend, OR 97703
$2,550,000
Property Type:
Commercial Sale
Square Footage:
11,024
Lot Size (sq. ft.):
73,616
Status:
Pending
Current Price:
$2,550,000
List Date:
8/13/2026
Last Modified:
9/01/2026
Overview
Description
Listing Details MLS# 220227015
General Property Information
- Building Area Total
- 11024
- Building Area Source
- Assessor
- Building Area Units
- Square Feet
- # of Units Total
- 17
- Year Built
- 1999
- New Construction YN
- No
- Zoning
- CG
- Tax Annual Amount
- 18571.06
- Tax Year
- 2025
- Potential Tax Liability YN
- No
- CC&R's YN
- No
- Preferred Escrow Company & Officer
- Western Title - Lori Welsh
- FIRPTA YN
- No
- Sign On Property YN
- No
Property Features
Additional Features:
ADA Comply; Bath Common Area; Common Area; Separate Electric Meters
Basement:
None
Common Walls:
2+ Common Walls
Construction Materials:
Frame
Cooling:
Central Air
Flooring:
Carpet; Vinyl
Foundation Details:
Slab
Heating:
Electric; Forced Air
Interior Features:
Smart Thermostat
Levels:
Two
Roof:
Composition
Security Features:
Security System Owned
Existing Lease Type:
Call Listing Agent
Window Features:
Vinyl Frames
Business Type (AKA Sub Type):
Professional Service; Restaurant
Tenant Pays:
Other
Utilities:
Cable Available; Electricity Connected; Fiber Optics Available; Phone Available
Lot Features:
Landscaped
Parking Features:
Asphalt; Assigned
Road Frontage Type:
Private Access
Road Surface Type:
Paved
Structure Type:
Office; Retail
Special Assessments:
None
View:
Territorial
Power Production:
None
Sewer:
Public Sewer
Water Source:
Public
Documents on File:
APOD
Listing Terms:
Cash
Special Listing Conditions:
Standard
Location Tax and Legal
- Street Number
- 62910
- Street Name
- O.B. Riley
- Street Suffix
- Road
- County
- Deschutes
- State
- OR
- Postal Code
- 97703
- Subdivision Name
- Norwood
Contract Information
- Original List Price
- 2550000
- Listing Contract Date
- 2026-08-13
- Dual Listing YN
- No
Remarks and Miscellaneous
- Public Remarks
- Your opportunity to own a diversified investment property. McKay Cottage Plaza consists of the real estate housing McKay Cottage Restaurant, two adjacent office buildings, and the adjacent vacant lot. Priced far below assessed value. Real Estate only is for sale. 6.75 CAP on APOD using current rents for income, historical numbers for expenses, plus projected increases in taxes and insurance. Financials and rent roll available upon completion of NDA. This property has been immaculately maintained, with new sealing and striping, recent upgrades to HVAC, long term lease with Restaurant and primarily two year leases with other tenants. Restaurant pays all its own utilities and a sub-water meter is in place. Sorry no showings until acceptable offer in hand.
- Leased Components
- See leasing information under private remarks.
Status Change Information
- Under Contract Date
- 2026-08-31
- Status Change Timestamp
- 2026-09-01
More Information
Currently Not Used
- List Price per SqFt
- 231.31
Business Details
- Business Included?
- No
Income and Expenses (Annual Amounts)
- Cap Rate %
- 6.75
Parking Details
- Parking
- Yes
- # of Parking Spaces
- 48
Listing Office:
RE/MAX Key Properties
Last Updated: September - 01 - 2026
Information deemed reliable but not guaranteed.