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    515 Bellevue Dr Bend, OR 97701

    Sponsored
    For Sale
    $1,100,000

    Subway-Tenanted Building, High Visibility

    Property size:
    1,520 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional investment opportunity presents a 1,520-square-foot commercial building currently leased to Subway Sandwiches. Situated on a highly visible 0.32-acre lot just off Highway 20 East in Bend, Oregon, this property boasts a convenient drive-thru. The existing lease with a credit-worthy tenant provides a stable and predictable income stream. The building's prime location ensures consistent foot traffic and excellent brand visibility, making it an attractive investment for discerning buyers. The property's strong tenant history and strategic placement offer a compelling return on investment. The 1,520 square feet of space is well-maintained and suitable for continued operation as a fast-food establishment or potential redevelopment, subject to local zoning regulations. The 0.32-acre lot provides ample space for parking and potential future expansion. This turnkey investment offers a rare opportunity to acquire a well-established commercial property in a thriving Bend, Oregon location with a long-term lease in place. The property's high visibility and convenient access to Highway 20 East make it an ideal location for a variety of commercial uses. This is a fantastic opportunity to acquire a stable, income-producing asset in a desirable market. The asking price is $1,100,000. Further details regarding the lease terms and financial performance are available upon request.

    Property Features for 515 Bellevue Dr

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,520 SF
    Lot Size
    13,939 SF

    Building Details

    Year Built
    2000
    Property Profile Location Intelligence

    Current Use by Public Records

    Subway Sandwich Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Bend
    County
    Deschutes
    State
    Oregon
    Longitude
    -121.2623
    Latitude
    44.05513

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    FAQs

    What type of property is this?
    Commercial real estate - Subway-Tenanted Building, High Visibility
    Where is this commercial real estate located?
    The property is located at 515 Bellevue Dr Bend, OR.
    What is the asking price?
    The asking price for this property is $1,100,000.
    (541) 382-4123
    Request Owner's contact information
    515 Bellevue Dr Bend, OR 97701
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    515 Bellevue Dr
    Bend, OR 97701
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    515 Bellevue Dr Bend, OR 97701
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