44.071896 -121.30298

2221 NE 3rd Street Bend, OR 97701

257788618 44.071896 -121.30298 321 /listing/257788618-150121062/2221-ne-3rd-street-bend-or-97701 False 0 4500000.0 36253 101 201910657 False
  • $4,500,000
  • 36,253 sqft
  • 2.10 lot
  • Est payment $24156.97/mo

Property & Neighborhood Info

Courtesy Of Compass Commercial Real Estate Services

Single Family in Bend

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 rates over time.

Courtesy Of Compass Commercial Real Estate Services
  1. 36,253 Sq. Ft.
  2. 2.10 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1996
  • Floors: 2
  • County: Deschutes County
  • Taxes: $35,232.00
  • Tax Year: 2019
  • MLS Number:201910657

Additional Features

  • Cooling/Heating:
    • AC-Central
    • Forced Air
  • Flooring:
    • Carpet
    • Slab
    • Vinyl
  • Construction:
    • Brick/Block
    • Frame
    • Steel
  • Roof:
    • Metal
  • Type:
    • Retail
  • View:
    • Terrain
  • Foundation:
    • Slab
  • Backup Parking Available:
    • Yes
  • Parking:
    • Yes
  • Parking Spaces:
    • 162
  • Existing Water:
    • City
  • Sewer:
    • City Sewer
  • Restrictions/Covenants:
    • No
  • Confidentiality Agreement:
    • Yes
  • Gross Income:
    • 0.00
  • Lease Type:
    • CLA
    • Net
  • Leased:
    • Yes
  • Net Operating Income:
    • 0.00
  • Terms:
    • Cash
  • Annual Expenses:
    • 0.00
  • Sign:
    • Yes
  • Total Acres:
    • 2.10
Neighborhood info courtesy of Homes.com © 2020

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
Ponderosa Properties LLC
Ponderosa Properties LLC
(541) 549-2002
PO Box 1779 221 S. Ash Street Sisters OR 97759
no name available Ponderosa Properties LLC
Request More Info.
44.071896 -121.30298

2221 NE 3rd Street Bend, OR 97701

257788618 44.071896 -121.30298 321 /listing/257788618-150121062/2221-ne-3rd-street-bend-or-97701 False 0 4500000.0 36253 101 201910657 False
  • $4,500,000
  • 36,253 sqft
  • 2.10 lot
  • Est payment $24156.97/mo