Class A Office Ownership
For Sale
$2,000,000
395 Southwest Bluff Drive, Bend, OR 97702
Own Class A office space with immediate cash flow.
Property Size29,000 SF
Lot Size1.58 Acres
Days on Market333
Property Features for 395 Southwest Bluff Drive
General Information
Standard status
Active
Size
29,000 SF
Class
A
Total Parking Spaces
127
Lot size
1.58 Acres
Property subtype
Office
Zoning
MR
Building Details
Building Size
29,000 SF
Year Built
2003
Listing Agency:
RE/MAX
(541) 213-8967
Listed By:
Ryan Amerongen · License #OR 201209792
(541) 213-8967
Source:
Remaxcommercial
Added: Sep 25, 2025
Changed: Aug 8
Last Checked: Aug 23 at 2:23AM
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 RE/MAX
Investment Insights
Based on property information with market context.
This opportunity allows an owner-user to acquire partial ownership in the building while leasing back at a below-market lease rate. The available office space is 8,644 square feet, but can be increased to 10,000 square feet or demised down to 2,500 square feet. Purchasing and occupying the 8,644-square-foot space would equate to 20% ownership for $2,000,000. The price and ownership percentage will adjust depending on the size of the space acquired. The buyer will then sign a 10-year lease at $1.70 per square foot, assuming an as-is condition. The owners are open to contributing to tenant improvements and amortizing the costs over the initial term of the lease. Tax benefits such as interest deductions, a completed cost segregation study, and potential bonus depreciation may help offset build-out and relocation costs. The move-in-ready suite offers Cascade Mountain views and easy access to the Old Mill District’s restaurants, shops, and the Deschutes River Trail. The owners have secured a below-market interest rate, and personal guarantees can be bifurcated. The buyer is expected to provide approximately 30% down.
Key Highlights
- Opportunity to acquire partial ownership in a Class A office building.
- Secure a below‑market lease rate of $1.70/sf for 10 years.
- Potential tax benefits including interest deductions, cost segregation study, and bonus depreciation.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,112
Businesses Nearby
Explore this area
Business Placement
Demographics for 97702, OR
51,161
Population
23,318
Households
2.2
Avg Household Size
42
Median Age
46%
College-Educated
96%
High-School Grad
103.5 sq mi
ZIP Area
494
Density / Sq Mi
$89,094
Median Household Income
$47,743
Median Earnings
$1,825
Median Rent
$620,600
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Own Class A office space with immediate cash flow.
Where is this office units located?
The property is located at 395 Southwest Bluff Drive Bend, OR.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Opportunity to acquire partial ownership in a Class A office building.; Secure a below‑market lease rate of $1.70/sf for 10 years.; Potential tax benefits including interest deductions, cost segregation study, and bonus depreciation.
