Storefront Property with
725 SW 8th Street, Redmond, OR 97756
For Sale
$499,000
Commercial Sale, Redmond, OR
Property Size1,080 SF
Lot Size0.12 Acres
Price / SF$462.04
Days on Market224
Property Features for 725 SW 8th Street
General Information
Property type
Property subtype
Zoning description
Parking features
Window features
Patio and Porch features
Interior features
Exterior features
Subdivision
Lot features
Directions
Standard status
APN
Size
Lot size
Additional Details
Property Use
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
off-street parking
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Listing Agency:
Desert Sky Real Estate LLC
(541) 504-9792
Listed By:
Cat Zwicker · License OR #200110190
(541) 410-9592
Added: Apr 6
Changed: Oct 31
Last Checked: Nov 15 at 5:06AM
MLS# 220218680
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.
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Investment Insights
Based on property information with market context.
This 1,080-square-foot storefront property sits on a 0.12-acre parcel and was built in 1929. The frame building has laminate flooring, tile counters, forced-air electric heat, central air conditioning, a courtyard, deck, and porch. Public water and sewer serve the property.
The building is in downtown Redmond, directly across from the American Legion. Parking options include a lot, assigned spaces, on-street parking, and alley access. The property is zoned C-2.
The building is in downtown Redmond, directly across from the American Legion. Parking options include a lot, assigned spaces, on-street parking, and alley access. The property is zoned C-2.
Key Highlights
- 1,080‑square‑foot storefront building on a 0.12‑acre parcel
- C‑2 zoning
- Downtown Redmond location across from the American Legion
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,018
Cap Rate
5.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$520,360
$520.4K
Cap Rate 7%
$371,686
$371.7K
Cap Rate 9%
$289,089
$289.1K
Market Conditions
NOI Build-Up for 1,080 SF
Gross rent
$38.9K $36.00/SF
− Vacancy
−$1.7K −$1.58/SF
EGI
$37.2K $34.42/SF
− OpEx
−$11.2K −$10.32/SF
NOI
$26.0K $24.09/SF
Area
Deschutes County, OR
Vacancy
4.40%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$520,360
Cap Rate 7%
$371,686
Cap Rate 9%
$289,089
Alternative Uses
Best Use
Retail
$371.7K
$325.2K – $433.6K
NOI $26,018 @ 7.0% cap · market cap 5.21%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,609
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
- High Desert Florals — 307 NW 7th St, Redmond, OR 97756
- Local Grounds-2Hearts Flower Shop — 336 NW 7th St, Redmond, OR 97756
Frequently Asked Questions
What type of property is this?
Storefront property - C-2 zoning and a practical layout support office or service-oriented use.
Where is this storefront property located?
The property is located at 725 SW 8th Street Redmond, OR.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 1,080‑square‑foot storefront building on a 0.12‑acre parcel; C‑2 zoning; Downtown Redmond location across from the American Legion
