1230 3rd St Bend, OR 97701-4331
Red Oaks Square, located at 1230 NE 3rd St in Bend, Oregon (97701), presents a unique investment opportunity in Deschutes County. This multi-tenant commercial property offers a diverse range of spaces suitable for various business needs. The building's total area encompasses 45,205 square feet, currently featuring a low vacancy rate of only 321 square feet. The property is zoned Commercial Limited (CL), allowing for a variety of uses. The existing tenants occupy a mix of office, retail, and restaurant spaces, reflecting the property's versatility. Available spaces range from 252 square feet to 3,347 square feet, providing flexibility for businesses of all sizes. The property's prime location in Bend, Oregon offers excellent visibility and accessibility, making it an attractive option for businesses seeking a thriving commercial environment. This is an exceptional opportunity to acquire a well-situated commercial property with a proven track record and significant potential for future growth. The property's executive office subtype caters to businesses seeking a professional and prestigious address. With its diverse tenant mix and limited vacancy, Red Oaks Square represents a stable and promising investment.
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Matthew Tompkins Alternative Medicine Practice
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R Nyquist Dental Office
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Oregon Occupational Safety and Health (Oregon OSHA) State Government Office
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Lafferty Amy L Physician
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Bend Lax Shack (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.