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    1244 Galveston Ave Bend, OR 97703

    Sponsored
    For Sale
    $795,000

    High-yield investment, prime location.

    Property size:
    1,880 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    340
    This exceptional 1,880 square foot commercial property is situated on a desirable 0.13-acre lot in Bend, Oregon's coveted Galveston Corridor on the Westside. The building boasts a strong, long-term tenant, presenting a compelling investment opportunity with consistent rental income. Its prime location offers unparalleled convenience, being within walking distance of Drake Park, the vibrant downtown Bend area, and the scenic Deschutes River. On-site parking is readily available for both tenants and visitors, enhancing the property's overall appeal and functionality. The building itself is of high quality construction, ensuring durability and low maintenance costs for the investor. This property represents a rare chance to acquire a well-established commercial asset in a thriving and highly sought-after area of Bend, Oregon. The combination of a strong tenant, excellent location, and quality construction makes this an ideal investment for those seeking stable returns and long-term growth potential in a dynamic market. The property's proximity to key amenities and recreational areas further enhances its value and attractiveness to both tenants and investors. This is a turnkey investment opportunity not to be missed.

    Property Features for 1244 Galveston Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,880 SF
    Lot Size
    5,663 SF

    Building Details

    Year Built
    1987
    Property Profile Location Intelligence

    Current Use by Public Records

    Dump City Dumplings Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Bend
    County
    Deschutes
    State
    Oregon
    Longitude
    -121.3297
    Latitude
    44.05685

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    FAQs

    What type of property is this?
    Commercial real estate - High-yield investment, prime location.
    Where is this commercial real estate located?
    The property is located at 1244 Galveston Ave Bend, OR.
    What is the asking price?
    The asking price for this property is $795,000.
    (541) 508-3148
    Request Owner's contact information
    1244 Galveston Ave Bend, OR 97703
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    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.

    More about this property
    1244 Galveston Ave Bend, OR 97703
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