105 NE Franklin Bend, OR 97701

Listing agency NAI Cascade w***@naicascade.com Show Phone

Listed by Walt Ramage · License #OR #200602408 Show Phone

Source Naiglobal

Added: Nov 21, 2025 Updated: Jul 6 at 9:08AM Checked: Jul 22 at 5:20AM

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Investment Insights

Based on property information with market context.

This is an unprecedented opportunity to redevelop 3.53 acres in the heart of Bend. The property is located on the Franklin Corridor, a focal point of Bend's Central District. This neighborhood serves as the gateway to Historic Downtown Bend and is slated for major transformation. The site consists of seven tax lots totaling 3.53 acres. It is located in Bend's Enterprise Zone, Opportunity Zone & Central District (BCD). The BCD Initiative would leverage $4 in private investment funds per $1 of public funds. The property abuts Hwy 97, providing outstanding visibility for future building and signage. Average daily traffic on Hwy 97 is 40,319, and on Franklin is 11,934. An adjacent 1.75+ acre site is to be redeveloped by Brooks Resources. The property includes over $432,000 in System Development Charge (SDC) credits across all parcels. The developable height limit is 65'-85'. There are solid leasing statistics and consistently increasing market rent. There is extremely high demand for multifamily and residential development, along with strong demographics and daytime employment.

Key Highlights

• 3.53 acres in the heart of Bend slated for major transformation.
• Located in Bend's Enterprise Zone, Opportunity Zone & Central District (BCD).
• Over $432,000 SDC credits.

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FAQs

What type of property is this?

Land - 3.53 acres for redevelopment in Bend's Central District.

Where is this land located?

The property is located at 105 NE Franklin Bend, OR.

What is the asking price?

The asking price for this property is $5,400,002.

What are key features of this property?

This property features: 3.53 acres in the heart of Bend slated for major transformation.; Located in Bend's Enterprise Zone, Opportunity Zone & Central District (BCD).; Over $432,000 SDC credits.