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    30 Bend River Mall Dr Bend, OR 97703

    Sponsored
    For Sale
    $2,500,000

    Prime Bend location, 5,132 SF QSR, high traffic.

    Property size:
    5,132 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional owner-user or redevelopment opportunity presents a 5,132 square foot, 100% occupied quick-service restaurant (QSR) currently operating as an IHOP. Located at 30 NE Bend River Mall Dr, Bend, Oregon 97703, this property sits on a substantial 29,185 square foot lot and boasts a prime location in a high-traffic area. Built in 1990, the property offers significant potential for redevelopment or continued operation as a thriving QSR. The asking price is $2,500,000, translating to $487.14 per square foot. The property benefits from a strong, stabilized customer base, with over 61,000 residents within a 3-mile radius and over 109,000 within a 5-mile radius. This demonstrates significant market demand and potential for future growth. The location is further enhanced by its proximity to major retailers such as Macy's, Kohl's, Hobby Lobby, TJ Maxx, WinCo Foods (shadow anchored and opened February 2021), Aspen Dental, Petco, Burger King, and Circle K. This established retail corridor on the north side of Bend, Oregon ensures high visibility and consistent foot traffic. The property presents a rare opportunity to capitalize on the significant growth experienced in Bend, Oregon, and the strong performance of this established location.

    Property Features for 30 Bend River Mall Dr

    General Information

    Property type
    Individual retail properties
    Square Feet
    5,132 SF

    Building Details

    Year Built
    1990
    Buildings
    1

    HighLights

    • Shadow‑anchored by a new WinCo Foods (opened February 2021).
    • Strong, stable demographics: Over 61,000 residents within a 3‑mile radius and over 109,000 within a 5‑mile radius.
    • High‑growth Bend, Oregon market.
    • Prime location on a major Bend thoroughfare, surrounded by national retailers including Macy's, Kohl's, Hobby Lobby, and more.
    Property Profile Location Intelligence

    Current Use by Public Records

    IHOP Breakfast Restaurant Pardon My Cheesesteak Cheesesteak Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office 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
    -121.3053491
    Latitude
    44.0840811

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    FAQs

    What type of property is this?
    Individual retail property - Prime Bend location, 5,132 SF QSR, high traffic.
    Where is this individual retail property located?
    The property is located at 30 Bend River Mall Dr Bend, OR.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: Shadow-anchored by a new WinCo Foods (opened February 2021).; Strong, stable demographics: Over 61,000 residents within a 3-mile radius and over 109,000 within a 5-mile radius.; High-growth Bend, Oregon market.
    Request Owner's contact information
    30 Bend River Mall Dr Bend, OR 97703
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    Bend, OR 97703
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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
    30 Bend River Mall Dr Bend, OR 97703
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