Corner Lot Office
2514 Ne Division St Bend, OR 97701
2514 Ne Division St, Bend, OR, 97701
$799,000
Pending
For Sale
$799,000
Pending
Well-maintained office building with updated finishes, a lobby, and multiple private offices on a corner lot.
Property Size1,676 SF
Days on Market57
Property Features for 2514 Ne Division St
General Information
- Standard status
- Pending
- Size
- 1,676 SF
Listing agency
Duke Warner Realty ERA Powered
(541) 419-0717
Listed by
Carolyn K. Emick
(541) 419-0717
Source
Exprealty
Added: May 27 Updated: Jul 22 at 10:02AM Checked: Jul 22 at 10:02AM
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 Duke Warner Realty ERA Powered
Investment Insights
Based on property information with market context.
Well-maintained professional office building on a corner lot with fresh paint and recent upgrades throughout. The space totals 1,676 square feet of usable office area and includes a welcoming lobby, a kitchen area, two cubicles, four private offices, and a conference room that can serve as an additional office. Standard office finishes are in place, and the building is presented as an affordable option for an owner-occupant or investor.
The property is located on NE Division with high drive-by visibility, easy access, and abundant parking. Zoned Deschutes CL Commercial Limited, it offers long-term continuity with a tenant currently in place; the long-term tenant is retiring at the end of October 2026 after approximately 26 years.
This is the first time the property has been listed for sale, and it is described as priced to sell.
The property is located on NE Division with high drive-by visibility, easy access, and abundant parking. Zoned Deschutes CL Commercial Limited, it offers long-term continuity with a tenant currently in place; the long-term tenant is retiring at the end of October 2026 after approximately 26 years.
This is the first time the property has been listed for sale, and it is described as priced to sell.
Key Highlights
- 1,676 SF office building on a corner lot with a lobby and standard office finishes
- Layout includes two cubicles, four private offices, a conference room (could be used as an office), and a kitchen area
- Recently upgraded and freshly painted throughout
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $34.2k | $20.40 |
| − Vacancy | −$2.1k | −$1.25 |
| EGI | $32.1k | $19.15 |
| − OpEx | −$8.0k | −$4.79 |
| NOI | $24.1k | $14.36 |
1,676 SF · lease $20.40/SF/yr · vacancy 6.14% · expense 25.00%
Alternative Uses
Best Use
Office B
$343.8K
$300.9K – $401.1K
NOI $24,068 @ 7.0% cap · market cap 3.01%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$724.0K
$633.5K – $844.7K
NOI $50,682 @ 7.0% cap · market cap 6.34%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Hogue Accountancy, CPA, ...
Tax Preparation
Willamette Financial Group
Financial Advisor
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FAQs
What type of property is this?
Office building - Well-maintained office building with updated finishes, a lobby, and multiple private offices on a corner lot.
Where is this office building located?
The property is located at 2514 Ne Division St Bend, OR.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 1,676 SF office building on a corner lot with a lobby and standard office finishes; Layout includes two cubicles, four private offices, a conference room (could be used as an office), and a kitchen area; Recently upgraded and freshly painted throughout
