407 SE 3rd Street, Bend, OR 97702
- Added:
- Mar 30, 2026
- Days on Market:
- 102
- Last Refresh:
- Jul 9 at 12:06 pm
Property Features for 407 SE 3rd Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Parking Lot
- Security features
- Security System
- Window features
- Vinyl Frames
- Interior features
- Laminate Counters
- Standard status
- Pending
- APN
- 106258
- Size
- 4,310 SF
- Lot size
- 0.19 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 6190
Utilities
- Sewer type
- Public Sewer
- Heating system
- Ductless (Heating)
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1950
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Vinyl
- Building materials
- Frame
- Roof type
- Membrane
Listing agent Wendolyn Cooper (541) 585-3760
Listing office Keller Williams Realty Central Oregon 233 SW Wilson #102, Bend, OR (541) 585-3760
Listing date Mar 30, 2026
Copyright © 2026 Oregon Data Share. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 4,310 sq ft commercial building with a laundromat and Dr. Jolly's Dispensary as tenant anchors
- Frame construction with membrane roof
- Central air cooling and ductless heating
- Laminate counters and vinyl flooring
- Parking lot on‑site
- Served by public water and public sewer
Overview
The building is located at 407 SE 3rd Street in Bend, Oregon (Deschutes County). The property benefits from established occupancy by two active retail businesses at the same location.
For buyers, this asset may fit well for those seeking a mixed retail setup with two existing tenants in place. It also presents a path to consider future site planning and potential expansion, based on the property’s indicated flexibility. Please note that additional properties are available in the same portfolio, if you are evaluating the broader group of holdings.
Local Financial Insights For Retail
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 | $155.2k | $36.00 |
| − Vacancy | −$6.8k | −$1.58 |
| EGI | $148.3k | $34.42 |
| − OpEx | −$44.5k | −$10.32 |
| NOI | $103.8k | $24.09 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Bend
- County
- Deschutes
- State
- Oregon
- Longitude
- -121.302827
- Latitude
- 44.046171
