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).
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0BEDS
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0.62ACRES
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0BATHS
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01/2 BATHS
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19,352SQFT
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$222$/SQFT
School Ratings & Info
Listing courtesy of Compass Commercial Real Estate.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).
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