Bend, OR 97703

$2,725,000
Property Type: Commercial Sale Square Footage: 9,628 Lot Size (sq. ft.): 12,197 Status: Closed
Current Price: $2,725,000 List Date: 11/07/2018 Last Modified: 2/10/2026

Overview

Description

The 109 NW Greenwood Building consists of a 9,628 square foot, two-story building situated on 0.28-acre. It was built in 2005 by the owners of the original three tenants. Two of theses tenants continue to occupy space in the building to this day. The building is comprised of three office suites and one retail space. One of the office suites has a partial second floor while the remainder of the suites are located on the first level only. The building is in very good condition. The exterior is stucco with a brick wainscot. Site improvements include landscaping and brick paver walkways. unlike many buildings located in the Central Business District, the 109 NW Greenwood Building has ample off-street parking as well as parking on both Greenwood Avenue and Hill Street. This greatly reduces the frustration of finding a parking space in the Central Business District. The land is zoned CB (Central Business) and surrounding neighborhood consists primarily of office and retail.

Listing Details MLS# 201810944

General Property Information

Building Area Total
9628
Building Area Source
Assessor
Year Built
2005
Zoning
Central Busines
Tax Annual Amount
17931.74
Tax Year
2018
CC&R's YN
No
Sign On Property YN
Yes

Property Features

Construction Materials: Block; Brick Cooling: Central Air Flooring: Carpet; Concrete Foundation Details: Slab Heating: Forced Air Levels: Two Roof: Membrane Business Type (AKA Sub Type): Mixed Parking Features: Asphalt; Parking Lot; Other Sewer: Public Sewer Water Source: Public Listing Terms: Cash

Location Tax and Legal

County
Deschutes
State
OR
Postal Code
97703
Subdivision Name
CLAB

Contract Information

Original List Price
2850000
Listing Contract Date
2018-10-10

Remarks and Miscellaneous

Public Remarks
The 109 NW Greenwood Building consists of a 9,628 square foot, two-story building situated on 0.28-acre. It was built in 2005 by the owners of the original three tenants. Two of theses tenants continue to occupy space in the building to this day. The building is comprised of three office suites and one retail space. One of the office suites has a partial second floor while the remainder of the suites are located on the first level only. The building is in very good condition. The exterior is stucco with a brick wainscot. Site improvements include landscaping and brick paver walkways. unlike many buildings located in the Central Business District, the 109 NW Greenwood Building has ample off-street parking as well as parking on both Greenwood Avenue and Hill Street. This greatly reduces the frustration of finding a parking space in the Central Business District. The land is zoned CB (Central Business) and surrounding neighborhood consists primarily of office and retail.

Status Change Information

Close Date
2019-04-13
Under Contract Date
2018-12-31
Status Change Timestamp
2019-04-15
Close Price
2725000
Sold Price per SqFt
283.0286

More Information

Currently Not Used

List Price per SqFt
296.0116

Income and Expenses (Annual Amounts)

Cap Rate %
5.26

Miscellaneous Information

Backup Package Available
Yes
Confidentiality/Non-Disclosure Agreement
No

Parking Details

Parking
Yes
# of Parking Spaces
46
Listing Office: Compass Commercial Real Estate
Last Updated: February - 10 - 2026
Information deemed reliable but not guaranteed.