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Historic Craftsman Multi-Tenant Office
For Sale
Contact for pricing
Pending

45 NW Park Place, Bend, OR 97701

Mostly furnished office space configured for multiple tenants with two dedicated parking stalls and a private patio.

Property SizeContact for details
Days on Market147

Property Features for 45 NW Park Place

General Information

Standard status Pending
Total Parking Spaces 4
Property subtype Retail
Zoning Commercial General
Occupancy 100%

Financials

Business Included Yes
Opportunity Zone Yes

Building Details

Tenancy Multi
Listing Agency: Coldwell Banker Bain
Listed By: Michael Hopp · License #OR
Source: Crexi
Added: Apr 12 Changed: Aug 24 Last Checked: Sep 5 at 12:17AM

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 Coldwell Banker Bain

Investment Insights

Based on property information with market context.

This historic craftsman home is currently operating as a multi-tenant office space and is offered mostly furnished. The layout is described as spacious and designed to support multiple tenants, with interiors that are characterized as light, bright, and quiet, and the property is reported to have no vacancies. The home also includes a private patio and a semi-finished basement.

Off-street parking includes two dedicated parking stalls and a two-car garage, with additional street parking available. The property is stated to be located in Bend’s opportunity zone. Public remarks note that the “Commercial general” zoning allows flexibility for office use, short-term rental, and possible primary residence.

Per the provided information, the property is described as lovingly maintained with an exceptional rental history and a strong income profile.

Key Highlights

  • Historic craftsman home in downtown Bend, presently operating as a multi‑tenant office space
  • Mostly furnished interior with a multi‑tenant office floor plan
  • Commercial general zoning provides flexibility for office use and other permitted uses

Property Analytics

Current Use

cascade psychological services Crisis Center High Desert Psychiatry ... Physician Bethany Powers Flint, ... Law Firm Harry Borcherding Physician Legal Help when ... Law Firm

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Fish Market Tanning Salon Restaurant Adult Day Care

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

Lease Details

100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

4,316
Businesses Nearby

Demographics for 97701, OR

42,159
Population
19,020
Households
2.2
Avg Household Size
38
Median Age
42%
College-Educated
94%
High-School Grad
311.8 sq mi
ZIP Area
135
Density / Sq Mi
$77,969
Median Household Income
$47,431
Median Earnings
$1,700
Median Rent
$567,800
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Mostly furnished office space configured for multiple tenants with two dedicated parking stalls and a private patio.
Where is this office units located?
The property is located at 45 NW Park Place Bend, OR.
What are key features of this property?
This property features: Historic craftsman home in downtown Bend, presently operating as a multi‑tenant office space; Mostly furnished interior with a multi‑tenant office floor plan; Commercial general zoning provides flexibility for office use and other permitted uses
More about this property
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