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Downtown Bend Mixed-Use Development Lot
For Sale
Contact for pricing
Pending

828 NW Hill St, Bend, OR 97703

Flat, level lot in downtown Bend ready for redevelopment.

Property SizeContact for details
Lot Size0.32 Acres
Days on Market749

Property Features for 828 NW Hill St

General Information

Standard status Pending
Lot size 0.32 Acres
Property subtype Land
Zoning MU (Mixed-Use Urban)
Listing Agency: Fratzke Commercial Real Estate
Listed By: Brian Fratzke · License #OR 200402169
Source: Crexi
Added: Aug 12, 2024 Changed: Aug 27 Last Checked: Aug 28 at 12:06PM

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 Fratzke Commercial Real Estate

Investment Insights

Based on property information with market context.

This 0.32-acre lot is located in the growing core area of downtown Bend, at the northeast corner of Hill and Hawthorne Avenue. Zoned MU (Mixed-Use) Urban, the property is suitable for developing a mixed-use complex with blended commercial and residential units. Conceptual designs and engineering have been completed for a 65-foot multi-family/mixed-use building. Utilities are stubbed to the site and located in the street, with service already established at the site. City of Bend water and sewer are available. System Development Credits of $43,008 are available. The property is located within an Opportunity Zone and Enterprise Zone, potentially offering tax incentives. The site is at grade. The upcoming Hawthorne pedestrian and bicycle bridge will be close-by, improving connectivity between westside and eastside Bend and enhancing walkability for area residents. Mixed-Use Urban Districts are intended to provide a balanced mix of residential and commercial support services to meet the needs of a growing community. This zoning allows for a denser level of development with a variety of commercial and residential uses, supporting transit by encouraging a pedestrian-friendly environment.

Key Highlights

  • MU (Mixed‑Use) Urban zoning allows for blended commercial and residential development.
  • Flat, level lot ready for re‑development with utilities stubbed to the site.
  • Located at the NEC of NW Hill & NW Hawthorne Ave in downtown Bend.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Fish Market Buffet Supermarket Tanning Salon

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

Location Intelligence

Trade Area within ½ mile

4,148
Businesses Nearby

Demographics for 97703, OR

32,475
Population
16,032
Households
2
Avg Household Size
45
Median Age
60%
College-Educated
98%
High-School Grad
269.8 sq mi
ZIP Area
120
Density / Sq Mi
$118,160
Median Household Income
$52,182
Median Earnings
$1,831
Median Rent
$915,900
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Flat, level lot in downtown Bend ready for redevelopment.
Where is this commercial land located?
The property is located at 828 NW Hill St Bend, OR.
What is the asking price?
The asking price for this property is $1,975,000.
What are key features of this property?
This property features: MU (Mixed‑Use) Urban zoning allows for blended commercial and residential development.; Flat, level lot ready for re‑development with utilities stubbed to the site.; Located at the NEC of NW Hill & NW Hawthorne Ave in downtown Bend.
(541) 306-4948 Call to check price and availability
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