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Property profile & analytics
OFF-MARKET Estimated value $985,000
Retail space

1244 Galveston Ave Bend, OR 97703-2434

1,880 SF 0.13 ac lot Built 1987
Entity Owned Absentee Owner Free & Clear
Property ID
US71-0883220
Property summary
AI-generated overview

This exceptional 1,880 square foot commercial property is situated on a desirable 0.13-acre lot in Bend, Oregon's coveted Galveston Corridor on the Westside. The building boasts a strong, long-term tenant, presenting a compelling investment opportunity with consistent rental income. Its prime location offers unparalleled convenience, being within walking distance of Drake Park, the vibrant downtown Bend area, and the scenic Deschutes River. On-site parking is readily available for both tenants and visitors, enhancing the property's overall appeal and functionality. The building itself is of high quality construction, ensuring durability and low maintenance costs for the investor. This property represents a rare chance to acquire a well-established commercial asset in a thriving and highly sought-after area of Bend, Oregon. The combination of a strong tenant, excellent location, and quality construction makes this an ideal investment for those seeking stable returns and long-term growth potential in a dynamic market. The property's proximity to key amenities and recreational areas further enhances its value and attractiveness to both tenants and investors. This is a turnkey investment opportunity not to be missed.

Property profile
Verified
Property type Retail space
Use group STORE, RETAIL OUTLET
Year built 1987
Total area 1,880 SF
Lot 0.13 ac (5,663 SF)
APN 171231 DB 05400
UPID US71-0883220
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
  • Dump City Dumplings Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$987k
Blend (final) Blend
$985k
Owner & transaction history
BB & H CONSTRUCTION CO
BB & H CONSTRUCTION CO
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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