Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    3148 Highway 97 Bend, OR 97703

    Sponsored
    For Lease
    $30 SF/Yr ($12,240 /Mo)

    Prime Bend, OR retail space; multiple units available.

    Lot size:
    4,896 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    The Bend River Promenade offers exceptional retail and restaurant opportunities in the heart of Bend, Oregon. This thriving shopping center boasts 4,896 square feet of vacant space, divisible into units ranging from 1,087 to 3,455 contiguous square feet. Located directly off Highway 97 (Bend Parkway) and Business 97, the property enjoys high visibility and accessibility, with daily traffic counts exceeding 50,000 vehicles on Business Hwy 97 and 47,000 on Hwy 97. Its strategic location across from the Deschutes River and near prominent hotels makes it a prime destination for both locals and tourists. The center is anchored by nationally recognized retailers such as T.J. Maxx, Hobby Lobby, Natural Grocers, and Macy's, with Kohl's serving as a shadow anchor. This strong tenant mix provides a vibrant and attractive environment for new businesses. The property is zoned Commercial General (CG) and offers ample on-site parking. The proximity to a convention center further enhances its appeal and potential for high foot traffic. This is a rare opportunity to secure retail space in one of Central Oregon's most successful shopping destinations. The available space is ideal for a variety of restaurant and retail concepts.

    Property Features for 3148 Highway 97

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,896 SF
    Total Rate
    12240

    Unit(s) available at that property

    Space
    Suite 106
    Size
    1,441 SF
    Rate per SF
    $30
    Space
    Suite 117
    Size
    2,368 SF
    Rate per SF
    $30
    Space
    Suite 117-118
    Size
    3,455 SF
    Rate per SF
    $30
    Space
    Suite 118
    Size
    1,087 SF
    Rate per SF
    $30

    HighLights

    • Retail/Restaurant space totaling 4,896 square feet available for lease.
    • Spaces range from 1,087 to 3,455 contiguous square feet.
    • Located in Bend River Promenade, a regional shopping center in Bend, Oregon.
    • Strong co‑tenancy including T.J. Maxx, Hobby Lobby, Natural Grocers, Kohl's, and Macy's.
    • High traffic counts: 50,158 vehicles/day on Business Hwy 97 and 47,470 vehicles/day on Hwy 97.
    • Excellent highway visibility and ample on‑site parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Eyemart Express Optician Christina Vogel Optometrist

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bend
    County
    Deschutes
    State
    Oregon
    Longitude
    -121.3049388
    Latitude
    44.0825143

    Nearby Similar for Lease

    • $1.35 SF/Yr
      163,350 SF

      Bend, OR Industrial Space

      7,759 SF industrial space in South Brinson Business Park.
      20723 Brinson Blvd, Bend, OR 97701
      View Details
    • $1.75 SF/Yr
      2,636 SF

      Bend Flex Space in District

      Flex suite in Bend's Old Mill District for rent.
      150-160 SW Scalehouse Loop, Bend, OR 97702
      View Details
    • Contact for pricing
      18,435 SF

      Bend Industrial Space with Showroom

      18,435 SF industrial space with showroom and offices.
      20495 Murray Rd, Bend, OR 97701
      View Details
    • $10 SF/Yr
      56,010 SF

      Bend Industrial/Office Space For Lease

      56,010 SF Multi-Use Building in Bend, OR
      63085 18Th St, Bend, OR 97701
      View Details
    • $18 SF/Yr
      37,902 SF

      Westside Bend Medical Office Space

      Class A office suites, turnkey & ready
      929 Simpson Ave, Bend, OR 97702
      View Details
    • $2.00 SF/Yr
      33,915 SF

      Downtown Bend Office Sublease

      Second floor office space in downtown Bend with natural light.
      1000 NW Wall St, Bend, OR 97703
      View Details
    • $24 SF/Yr
      367,856 SF

      Cascade Village Shopping Center

      Bend, OR Retail Opportunity
      63455 Highway 97, Bend, OR 97703
      View Details
    • $1.70 SF/Yr
      387 SF

      Downtown Bend Office Space Available

      Unique office suite in downtown Bend with dedicated parking.
      835 NW Bond St, Bend, OR 97701
      View Details
    • $21 SF/Yr
      23,808 SF

      Downtown Bend Office Space

      3,048 SF Office Suite Available
      1201 Wall St, Bend, OR 97703
      View Details
    • $1.50 SF/Yr
      905 SF

      Deschutes River View Office Space

      Unique office suite with river views in Bend, Oregon.
      2445 NE Division St, Bend, OR 97701
      View Details
    • $2 SF/Yr
      1,384 SF

      Retail Space on Highway 20

      Retail suites with high visibility and traffic on Highway 20.
      62080-62090 NE Dean Swift Rd, Bend, OR 97701
      View Details
    • $12 SF/Yr
      3,088 SF

      Bend, OR Office/Warehouse Space

      3,088 SF Available - Deschutes County
      63830 Clausen Dr, Bend, OR 97703
      View Details

    FAQs

    What type of property is this?
    Restaurant - Prime Bend, OR retail space; multiple units available.
    Where is this restaurant located?
    The property is located at 3148 Highway 97 Bend, OR.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    What are key features of this property?
    This property features: Retail/Restaurant space totaling 4,896 square feet available for lease.; Spaces range from 1,087 to 3,455 contiguous square feet.; Located in Bend River Promenade, a regional shopping center in Bend, Oregon.
    Request Owner's contact information
    3148 Highway 97 Bend, OR 97703
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3148 Highway 97
    Bend, OR 97703
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3148 Highway 97 Bend, OR 97703
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.