Bend, OR 97703
$2,525,000
Property Type:
Commercial Sale
Square Footage:
8,268
Lot Size (sq. ft.):
13,939
Status:
Closed
Current Price:
$2,525,000
List Date:
12/12/2016
Last Modified:
2/10/2026
Overview
Listing Details MLS# 201601782
General Property Information
- Building Area Total
- 8268
- Building Area Source
- Assessor
- Year Built
- 2009
- New Construction YN
- No
- Building Permit Issued YN
- Yes
- Building Permit #
- 11-2525
- Estimated Completion Date
- 2016-03-04
- Zoning
- CB
- Tax Annual Amount
- 18666.99
- Tax Year
- 20106
- CC&R's YN
- Yes
- Sign On Property YN
- No
Property Features
Construction Materials:
Block; Brick; Frame
Cooling:
Heat Pump
Flooring:
Carpet; Concrete; Vinyl
Foundation Details:
Stemwall
Heating:
Electric; Heat Pump; Natural Gas
Levels:
One
Roof:
Composition
Existing Lease Type:
NNN
Business Type (AKA Sub Type):
Income/Investment; Restaurant; Retail; Other
Parking Features:
On Street
Special Assessments:
None
Sewer:
Public Sewer
Water Source:
Public
Listing Terms:
Cash
Location Tax and Legal
- County
- Deschutes
- State
- OR
- Postal Code
- 97703
- Subdivision Name
- Lava Road
Contract Information
- Original List Price
- 2900000
- Listing Contract Date
- 2016-02-26
Remarks and Miscellaneous
- Leased Components
- None
Status Change Information
- Close Date
- 2017-05-31
- Under Contract Date
- 2017-04-06
- Status Change Timestamp
- 2017-06-04
- Close Price
- 2525000
- Sold Price per SqFt
- 305.3942
More Information
Currently Not Used
- List Price per SqFt
- 320.5128
Unit 1
- Unit #
- Yes
- Tenant Name
- Latitude 44
- Option to Extend
- Yes
Unit 2
- Unit #
- 2
- Tenant Name
- Visit Bend
- Option to Extend
- Yes
Unit 3
- Unit #
- 3
- Tenant Name
- Jackalope Grill
- Option to Extend
- Yes
Unit 4
- Unit #
- 4
- Tenant Name
- Studio DeVine
- Option to Extend
- No
Income and Expenses (Annual Amounts)
- Cap Rate %
- 6.1
- Estimated Gross Operating Income $
- 176668
- Net Operating Income
- 164301
- Vacancy %
- 5
Miscellaneous Information
- Backup Package Available
- Yes
- Confidentiality/Non-Disclosure Agreement
- Yes
- Other Restrictions
- Do Not Disturb Tenants
Parking Details
- Parking
- No
Listing Office:
Compass Commercial Real Estate
Last Updated: February - 10 - 2026
Information deemed reliable but not guaranteed.