Stunning new building, multiple suites, high-end finishes.
Property size:
9,383 SF
Description
Added:
Feb 3, 2025
Days on Market:
340
This exceptional 9,383 square foot commercial building presents a unique investment opportunity in the heart of Bend, Oregon's vibrant Tumalo district. Situated on a 0.46-acre lot, this newly constructed property boasts a captivating blend of Central Oregon and Tuscan architectural styles. The exterior is striking, featuring a rock façade, copper roof accents and gutters, presidential shingles, and raw metal siding—creating a beautiful and virtually maintenance-free structure. The interior is equally impressive, showcasing over $75,000 in high-end light fixtures, solid wood doors and trim, and an abundance of natural light provided by 70+ commercial storefront doors, windows, and skylights. Currently configured as three separate suites with independent HVAC and electrical systems, the building offers remarkable flexibility. Suite 100, a 1,190 square foot retail space, includes a 160 square foot back stock area, two bathrooms, a custom bar, and a fireplace. Suite 200 features a large common area with a bar, two bathrooms, four offices, and an expansive 1,100 square foot conference room. Suite 300 offers a kitchen, bathroom, and office space. All suites are connected by a 1,300 square foot reception area and a shared courtyard and parking lot. The property's current zoning allows for retail, office, and manufacturing uses, and an upcoming sewer system upgrade will further expand possibilities to include restaurants and boutique hotels, among other uses permitted in the TUC zone. This is a truly exceptional property offering significant potential for a variety of commercial ventures. Priced at $3,750,000.
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19885 7Th St Bend, OR 97703
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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.
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19885 7Th St Bend, OR 97703
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19885 7Th St, Bend, OR
A'Leah Knight
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19885 7Th St, Bend, OR
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19885 7Th St, Bend, OR
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19885 7Th St, Bend, OR
A'Leah Knight
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