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    2221 NE 3rd Street

    Bend, OR 97701
    • $4,500,000
    • STATUS: Active
    • ON SITE: 291 days
    • MLS #: 201910657
    UPDATED: 87 min ago
    $4,500,000
    • 0
      BEDS
    • 2.1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 36,253
      SQFT
    • $124
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1996
    County:
    Area:

    School Ratings & Info


    Listing courtesy of Compass Commercial Real Estate.

    Description

    This is an excellent opportunity to acquire a high-quality retail building in the heart of Bend. The location cannot be beat with great visibility and access from business highway 97/third street. The property is located in the middle of one of the major shopping areas of Bend. The property brings in a high volume of shoppers and is anchored by the Boot Barn and Absolute Horse. This is an opportunity to buy a very high-quality building below replacement costs. Value at the listing price is $124.12 per square foot. The building has many upgrades with extensive wood accents inside and out, cinder block construction, rock trim and a metal roof. It also has substantial parking with 162 spots on-site and additional street parking available. The building value is based on current rental rates and net income. With rents for the entire building averaging well below market rates this gives a buyer tremendous upside potential in value by bringing rents closer to market ra

    Monthly Payment Calculator

    © 2020 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Fred Real Estate Group of Central Oregon are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Fred Real Estate Group of Central Oregon. Data last updated: .2020-09-18T13:44:29.47
    www.buyahomeinbend.com/homes/101370162
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    2221 NE 3rd Street Bend, OR 97701

    • Price: $4,500,000
    • Status: Active
    • Updated: 87 min ago
    • MLS #: 201910657
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2.1
    Acres
    36,253
    SQFT
    $124
    $/SQFT
    1996
    Built
    Neighborhood:
    Riverside
    County:
    Deschutes
    Area:
    Bend
    Property Description
    This is an excellent opportunity to acquire a high-quality retail building in the heart of Bend. The location cannot be beat with great visibility and access from business highway 97/third street. The property is located in the middle of one of the major shopping areas of Bend. The property brings in a high volume of shoppers and is anchored by the Boot Barn and Absolute Horse. This is an opportunity to buy a very high-quality building below replacement costs. Value at the listing price is $124.12 per square foot. The building has many upgrades with extensive wood accents inside and out, cinder block construction, rock trim and a metal roof. It also has substantial parking with 162 spots on-site and additional street parking available. The building value is based on current rental rates and net income. With rents for the entire building averaging well below market rates this gives a buyer tremendous upside potential in value by bringing rents closer to market ra
    Exterior Features

    Construction Materials BlockBrickFrame Foundation Details Slab Levels Two Parking Details Numberof Parking Spaces 162 Parking Details Parking Yes Parking Features AsphaltParking Lot Roof Metal

    Interior Features

    Cooling Central Air Flooring CarpetConcreteVinyl Heating Forced Air Security Features Fire Sprinkler System Unit1 Square Footage 17141.00 Unit2 Square Footage 3775.00 Unit3 Square Footage 10675.00 Unit4 Rent Escalators Yes Unit4 Square Footage 4910.00

    Property Features

    Business Type Retail CCAnd Rs YN No Cross Street Webster Ave Existing Lease Type Call Listing Agent FIRPTAYN No Listing Terms Cash Miscellaneous Information Backup Package Avai Yes Miscellaneous Information Confidentiality No Yes Owner Pays Other Sewer Public Sewer Tax Annual Amount 35232.00 Tax Year 2019 Tenant Pays Common Area MaintenanceElectricityGasInsuranceInterior MaintenanceJanitorial ServiceRepairsSewerTaxesWater Unit1 Status Leased Unit1 Tenant Name Eagle Mountain Unit2 Status Leased Unit2 Tenant Name Absolute Horse Unit3 Status Leased Unit3 Tenant Name Boot Barn Unit4 Optionto Extend Yes Unit4 Status Vacant Unit4 Tenant Name Available View Territorial Zoning Me

    Listing information © 2020 MLS of Central Oregon
    Listing provided courtesy of Compass Commercial Real Estate.

    © 2020 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Fred Real Estate Group of Central Oregon are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Fred Real Estate Group of Central Oregon. Data last updated: .2020-09-18T13:44:29.47
     
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    Fred Real Estate Group of Central Oregon
    70 SW Century Drive Suite 110
    Bend OR, 97702

    Listing courtesy of Compass Commercial Real Estate.