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Two-Story Corner Drive-Thru Retail
For Sale
Contact for pricing
Pending

424 NW 5th Street, Redmond, OR 97756

Two-story retail building on a high-traffic corner with oversized parking and two drive-thru lanes.

Property Size4,856 SF
Days on Market134

Property Features for 424 NW 5th Street

General Information

Standard status Pending
Size 4,856 SF
Property subtype Retail

Building Details

Stories 2
Listing Agency: Aligned Commercial Real Estate
Listed By: Ken Streater · License #OR 200511232
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Aug 20 at 8:25PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Aligned Commercial Real Estate

Investment Insights

Based on property information with market context.

This two-story retail building is offered for sale and totals 4,856 square feet. The property is described as smartly designed with a high-quality buildout and includes an oversized parking lot to support drive-thru and customer access. The site features two drive-thru lanes and the marketing materials note large signage for visibility.

Located on a high-traffic corner in downtown Redmond, the property is positioned within a revitalizing urban renewal area. The address is 424 NW 5th Street, Redmond, Oregon 97756.

The current offering is presented for uses including a bank or fast food restaurant, supported by the on-site drive-thru configuration and the drive-up layout intended for quick service operations.

Key Highlights

  • 4,856 SF two‑story retail building
  • High‑traffic corner location in downtown Redmond
  • Oversized parking lot with extra parking

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Parking Lot & Garage Wine and Liquor Store Tech Support Center Florist Mobile Phone Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,379
Businesses Nearby

Demographics for 97756, OR

42,168
Population
18,335
Households
2.3
Avg Household Size
40
Median Age
32%
College-Educated
92%
High-School Grad
126.3 sq mi
ZIP Area
334
Density / Sq Mi
$84,067
Median Household Income
$41,909
Median Earnings
$1,473
Median Rent
$469,000
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Two-story retail building on a high-traffic corner with oversized parking and two drive-thru lanes.
Where is this retail space located?
The property is located at 424 NW 5th Street Redmond, OR.
What are key features of this property?
This property features: 4,856 SF two‑story retail building; High‑traffic corner location in downtown Redmond; Oversized parking lot with extra parking
(888) 828-7838 Call to check price and availability
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