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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

355 2Nd St Bend, OR 97701

1.43 ac lot
Property ID
Property summary
AI-generated overview

This exceptional Bend, Oregon storefront property at 355 NE 2nd St presents a remarkable owner-user opportunity for a big-box retailer. The property boasts a substantial 21,376 square feet situated on a generous 1.43-acre lot in the thriving Bend Central District. The building itself comprises approximately 10,200 square feet of updated retail/showroom space, complemented by an additional 11,176 square feet of versatile warehouse and office space. The retail area features a maximum ceiling height of 9 feet 4 inches. Its strategic location offers significant advantages, including direct access to NE Dekalb Avenue and adjacency to the planned Platform multifamily development, a 199-unit complex that promises increased foot traffic and visibility. The property is zoned Commercial Limited (CL) with Bend Central District Overlay, providing flexibility for redevelopment. Permitted uses under this zoning include multifamily, commercial, hospitality, and mixed-use developments, presenting a wealth of potential for future expansion or repurposing. The asking price is $3,200,000. This property offers a unique blend of existing infrastructure and future development potential in a highly desirable location.

Property profile
Verified
Property type Retail properties & Spaces
Lot 1.43 ac (62,291 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Cowell Furniture & Home Goods Home Decor Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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