Individually Owned Property summary
This exceptional Class A retail property, located at 405 SW 6th St in Redmond, Oregon, presents a unique investment opportunity for both owner-users and investors. Boasting 10,000 square feet of net rentable space across a single-story building, this iconic structure, built in phases between 1917 and 1923 and extensively renovated in 2003, offers a prime location in the heart of downtown Redmond's revitalized core. The property features a fully refurbished HVAC system, roof, and fixtures,… ensuring modern functionality within its historic charm. Its versatile layout, including high ceilings, multiple access points (two on Sixth Street and two from the alley), centrally located restrooms and kitchen areas, and a finished basement, allows for diverse uses such as office, entertainment, restaurant, retail, or service businesses. The building benefits from a significant advantage: a dedicated 22-stall parking lot directly adjacent, supplemented by a nearby city-owned lot. This prime corner location at the intersection of Deschutes Avenue and Sixth Street places the property within the most vibrant and walkable section of downtown, benefiting from the recent surge in new restaurants, retail establishments, and a renovated boutique hotel. A leaseback option is available, providing a buyer with immediate income while transitioning to a new use. The property sits on a 20,000 square foot lot and is zoned for commercial use. This is a rare opportunity to acquire a landmark property in a thriving Oregon city. The asking price is $2,750,000, translating to $275 per square foot. The current occupancy is 100%, with the lease expiring January 1st, 2025.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
Value estimate
· Sep 2026Realmo valuation models over county records and 3 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 13 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 10,000 SF
- Lot area
- 0.23 ac
- Year built
- 1917
- APN
- 151316 AB 11000
- Assessed value · 2023
- $347,410
- Apartment House (5+ Units)
- Commercial (general)
- Restaurant
- Retail Stores
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
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- Alternative use
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