777 NW Wall Street, Bend, OR 97703

$4,300,000
Property Type: Commercial Sale Square Footage: 19,352 Lot Size (sq. ft.): 27,007 Status: Closed
Current Price: $4,300,000 List Date: 8/26/2020 Last Modified: 2/10/2026

Overview

Description

This is an incredibly rare opportunity to own a piece of Downtown Bend history. The Post Office Plaza is located inside the Commercial Business District (CB zone) which allows for a multitude of office, retail, residential and other commercial uses. Most of the suites are leased on a short-term basis with under-market rents creating an opportunity for future upside potential with a new owner. Additionally, a 36-space on-site parking lot could be developed into further building square footage, as Downtown Bend parking regulations are such that the on-site spaces are no longer needed (contact brokers for full offering memorandum). The building was once home to the U.S. Post Office and has been transformed and upgraded over the decades since it was constructed in 1932. The three story building originally consisted of a 4,000 square foot foundation with one of the levels below grade. An addition was constructed in the 1980s. It currently has 19,352 square feet of gross building area (GBA) ...

Listing Details MLS# 220107823

General Property Information

Building Area Total
19352
Building Area Source
Other
Building Area Units
Square Feet
# of Units Total
17
Year Built
1932
New Construction YN
No
Zoning
CB
Tax Annual Amount
29448.47
Tax Year
2019
CC&R's YN
No
FIRPTA YN
No
Sign On Property YN
No

Property Features

Common Walls: 2+ Common Walls Construction Materials: Block Cooling: Central Air Flooring: Carpet; Tile Foundation Details: Other Heating: Forced Air Levels: Three Or More Roof: Membrane Utilities: Electricity Connected Parking Features: On Street; Parking Lot Sewer: Public Sewer Water Source: Public Listing Terms: Cash Special Listing Conditions: Standard

Location Tax and Legal

Street Number
777
Street Dir Prefix
NW
Street Name
Wall
Street Suffix
Street
County
Deschutes
State
OR
Postal Code
97703

Contract Information

Original List Price
4400000
Listing Contract Date
2020-07-28

Remarks and Miscellaneous

Public Remarks
This is an incredibly rare opportunity to own a piece of Downtown Bend history. The Post Office Plaza is located inside the Commercial Business District (CB zone) which allows for a multitude of office, retail, residential and other commercial uses. Most of the suites are leased on a short-term basis with under-market rents creating an opportunity for future upside potential with a new owner. Additionally, a 36-space on-site parking lot could be developed into further building square footage, as Downtown Bend parking regulations are such that the on-site spaces are no longer needed (contact brokers for full offering memorandum). The building was once home to the U.S. Post Office and has been transformed and upgraded over the decades since it was constructed in 1932. The three story building originally consisted of a 4,000 square foot foundation with one of the levels below grade. An addition was constructed in the 1980s. It currently has 19,352 square feet of gross building area (GBA).

Status Change Information

Close Date
2020-11-24
Under Contract Date
2020-09-17
Status Change Timestamp
2021-01-06
Close Price
4300000
Sold Price per SqFt
222.2

More Information

Currently Not Used

List Price per SqFt
227.37

Business Details

Business Included?
No

Parking Details

Parking
Yes
# of Parking Spaces
38
Listing Office: Compass Commercial Real Estate
Last Updated: February - 10 - 2026
Information deemed reliable but not guaranteed.