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    Industrial Facility in Sisters, Oregon Title is generated by Realmo AI

    275 W Lundgren Mill Drive, Sisters, OR 97759

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    Picture of Manufacturing properties at 275 W Lundgren Mill Drive, Sisters, OR
    For Sale
    $4,890,000

    COMMERCIAL - Sisters, OR

    Property size:
    23,488 SF
    Lot size:
    0.82 Acres
    Price / SF:
    $208/SF
    Added:
    Jan 30, 2026
    Days on Market:
    147
    Last Refresh:
    Jun 26 at 9:06 am

    Property Features for 275 W Lundgren Mill Drive

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking features
    Parking Lot
    Standard status
    Active
    APN
    253218
    Size
    23,488 SF
    Lot size
    0.82 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    17822

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    2017
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Concrete, Carpet
    Building materials
    Steel Frame
    Roof type
    Metal

    We can help!

    Contact an agent
    Ryan Amerongen
    Ryan Amerongen

    Listing agent Ryan Amerongen License #OR 201209792

    Listing office RE/MAX Key Properties 42 NW Greenwood Ave., Bend, OR

    Listing date Jan 30, 2026

    MLS# 220214492

    Copyright © 2026 Oregon Data Share. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • State‑of‑the‑art industrial facility suitable for manufacturing/laboratory, warehouse, and office use.
    • Two recently constructed multi‑purpose buildings.
    • Building A available for purchase independently or together with Building B.
    • Premium space with exceptional features and flexibility.
    • Located in Sisters, Oregon.
    • Built in 2017 with steel frame construction and metal roof.

    Overview

    This property presents a rare opportunity to acquire a state-of-the-art industrial facility located in Sisters, Oregon. It features two recently constructed multi-purpose buildings, offering a total of 23488 square feet of premium manufacturing, laboratory, warehouse, and office space. The property is situated on a lot of 0.82 acres. These buildings are designed with exceptional features and flexibility to accommodate various industrial applications. Building A is available for purchase independently or together with Building B. Building B is not available independently. The property is located at 275 W Lundgren Mill Drive, Sisters, OR 97759, in Deschutes County.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $479.2k $20.40
    − Vacancy −$29.4k −$1.25
    EGI $449.7k $19.15
    − OpEx −$112.4k −$4.79
    NOI $337.3k $14.36
    23,488 SF · lease $20.40/SF/yr · vacancy 6.14% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $4.82M
    $4.22M – $5.62M (±1% cap)
    NOI $337,301 @ 7.0% cap · market cap 6.90%
    Second Best
    Warehouse
    $3.76M
    $3.29M – $4.39M (±1% cap)
    NOI $263,386 @ 7.0% cap · market cap 5.39%
    Theoretical Best
    Retail
    $8.08M
    $7.07M – $9.43M (±1% cap)
    NOI $565,854 @ 7.0% cap · market cap 11.57%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Big Box & Wholesale Store Hair Salon Spa & Massage Center Auto Repair Shop Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sisters
    County
    Deschutes
    State
    Oregon
    Longitude
    -121.551983
    Latitude
    44.298953

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    FAQs

    What type of property is this?
    Manufacturing property - State-of-the-art industrial facility with premium manufacturing, warehouse, and office space.
    Where is this manufacturing property located?
    The property is located at 275 W Lundgren Mill Drive Sisters, OR.
    What is the asking price?
    The asking price for this property is $4,890,000.
    What are key features of this property?
    This property features: State‑of‑the‑art industrial facility suitable for manufacturing/laboratory, warehouse, and office use.; Two recently constructed multi‑purpose buildings.; Building A available for purchase independently or together with Building B.
    (541) 213-8967
    We can help!
    Contact an agent
    Ryan Amerongen
    Ryan Amerongen
    Real Estate License ID: OR 201209792
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