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    2359 NE Division St Bend, OR 97703

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    For Sale
    $3,500,000

    19-room motel in Bend, Oregon, renovated in 2024.

    Property size:
    5,128 SF

    Property Features for 2359 NE Division St

    General Information

    Size
    5,128 SF

    Building Details

    Year built
    1955

    Source: Brian Resendez, CCIM Agent Brian Resendez, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Motel in Bend, Oregon

    The Central Block Motel is a 19-room, limited-service motel with exterior corridors, located in Bend, Oregon. Originally constructed in 1955, the property was completely renovated in 2024. The motel offers basic services and amenities such as free parking and pet-friendly rooms. The property is currently non-operational. Situated in the heart of Bend, the motel provides convenient access to attractions including the Old Mill District, Deschutes River, Mount Bachelor, Tumalo Falls, and Smith Rock State Park. Bend is located on the Deschutes River, approximately 3.5 hours from Portland. The property size is 5128 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mt Bachelor Motel Motel The Central Block Motel Motel

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Similar Places Nearby

    Wall Street Suites, Fairfield Inn & Suites Bend Downtown, Dunes Motel, Waypoint Hotel, Element Bend

    Location Insight

    • Map
    • Local Demand
    City
    Bend
    County
    Deschutes
    State
    Oregon
    Longitude
    -121.3063063
    Latitude
    44.0732917

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    FAQs

    What type of property is this?
    Motel - 19-room motel in Bend, Oregon, renovated in 2024.
    Where is this motel located?
    The property is located at 2359 NE Division St Bend, OR.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: - Prime location in the heart of Bend, offering easy access to attractions, shopping, dining, and entertainment.; - Completely renovated in 2024, ensuring modern amenities and appeal.; - Proximity to outdoor recreational opportunities including Mount Bachelor, Tumalo Falls and Smith Rock State Park.
    (503) 577-7710
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    2359 NE Division St 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
    2359 NE Division St Bend, OR 97703
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