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    934 3Rd St Bend, OR 97701

    Sponsored
    For Sale
    $1,100,000

    Retail space, high traffic, owner/user.

    Property size:
    2,222 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 2,222 square foot storefront at 934 NE 3rd Street in Bend, Oregon, presents a compelling investment or owner-user opportunity. Located on a high-traffic corner at the intersection of NE 3rd and NE Greenwood, this property offers excellent visibility and accessibility. Built in 1973, the single-story building sits on a 0.09-acre lot and is zoned CL-Commercial Limited, allowing for a variety of uses. The current configuration allows for single or multi-tenant occupancy, accommodating up to three tenants. Seven off-street parking spaces are available for customers and employees. The asking price is $1,100,000, translating to $495.05 per square foot. This property is situated within the Bend Opportunity Zone, offering potential tax advantages. The property's strong location and flexible layout make it an attractive option for a variety of businesses seeking a prominent presence in Bend's thriving commercial market. Serious inquiries only.

    Property Features for 934 3Rd St

    General Information

    Property type
    Individual retail properties
    Square Feet
    2,222 SF
    Lot Size
    3,920 SF

    Building Details

    Year Built
    1973
    Stories
    1

    HighLights

    • Prime location at the corner of NE 3rd Street and NE Greenwood Avenue.
    • High‑traffic area with seven off‑street parking spaces.
    • Suitable for single or multi‑tenant occupancy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Wholesale Shop Auto Repair Shop Spa & Massage Hair Salon 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
    -121.30256006455
    Latitude
    44.059334981627

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    FAQs

    What type of property is this?
    Individual retail property - Retail space, high traffic, owner/user.
    Where is this individual retail property located?
    The property is located at 934 3Rd St Bend, OR.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: Prime location at the corner of NE 3rd Street and NE Greenwood Avenue.; High-traffic area with seven off-street parking spaces.; Suitable for single or multi-tenant occupancy.
    Request Owner's contact information
    934 3Rd St Bend, OR 97701
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    Bend, OR 97701
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    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
    934 3Rd St Bend, OR 97701
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