Bend, OR 97703
$6,112,000
Property Type:
Commercial Sale
Square Footage:
54,508
Lot Size (sq. ft.):
245,243
Status:
Closed
Current Price:
$6,112,000
List Date:
4/24/2018
Last Modified:
2/10/2026
Overview
Description
Listing Details MLS# 201803804
General Property Information
- Building Area Total
- 54508
- Building Area Source
- Assessor
- Year Built
- 1981
- New Construction YN
- No
- Zoning
- Mixed Employmen
- Tax Annual Amount
- 67164.54
- Tax Year
- 2017
- CC&R's YN
- No
- Preferred Escrow Company & Officer
- First American
- Sign On Property YN
- Yes
Property Features
Construction Materials:
Block; Brick; Frame
Cooling:
Central Air; Heat Pump
Flooring:
Carpet; Tile; Vinyl
Foundation Details:
Stemwall
Heating:
Forced Air; Heat Pump; Natural Gas
Levels:
One
Existing Lease Type:
Gross; NNN
Business Type (AKA Sub Type):
Income/Investment; Medical; Other
Tenant Pays:
Common Area Maintenance; Electricity; Gas; Insurance; Interior Maintenance; Sewer; Taxes; Water
Lot Features:
Landscaped
Miscellaneous Information:
Overhead/Dock Doors
Parking Features:
Asphalt; Parking Lot
Sewer:
Public Sewer
Water Source:
Backflow Domestic; Public
Listing Terms:
Cash
Location Tax and Legal
- County
- Deschutes
- State
- OR
- Postal Code
- 97703
- Subdivision Name
- North
Contract Information
- Original List Price
- 6800000
- Listing Contract Date
- 2018-04-12
Remarks and Miscellaneous
- Public Remarks
- Building totals 53,877 square feet of rentable area with 37 suites and has Hwy 97 frontage. Block construction with framed frontage allows a variety of uses. Single entry fronts with several suits have double door entry and/or roll up doors to the back parking area.
Status Change Information
- Close Date
- 2018-10-05
- Under Contract Date
- 2018-06-15
- Status Change Timestamp
- 2018-10-08
- Close Price
- 6112000
- Sold Price per SqFt
- 112.1303
More Information
Currently Not Used
- List Price per SqFt
- 124.7523
Income and Expenses (Annual Amounts)
- Cap Rate %
- 7.64
- Estimated Gross Operating Income $
- 745460
- Estimated Total Expenses
- 225889
- Management Expenses
- 29818
- Net Operating Income
- 519571
- Vacancy %
- 5
Miscellaneous Information
- # Overhead/Dock Doors
- 15
- Backup Package Available
- Yes
- Confidentiality/Non-Disclosure Agreement
- No
Parking Details
- Parking
- Yes
- # of Parking Spaces
- 210
Listing Office:
Compass Commercial Real Estate
Last Updated: February - 10 - 2026
Information deemed reliable but not guaranteed.