Property profile

1701 NE 3Rd St Bend, OR 97701

FOR LEASE
Banks
Property ID
US71-0959380
8,295 SF 0.43 ac lot Built 1979
Entity Owned 2-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional retail property in Bend, Oregon, offers a unique opportunity for businesses seeking a prominent location. Located at 1701 NE 3rd St, in Deschutes County, this former bank building boasts a total of 16,603 square feet of commercial space. Currently, there is 8,295 square feet of vacant space available, divisible into units as small as 3,100 square feet, with a maximum contiguous space of 8,295 square feet. The property is classified as multi-tenant retail, providing flexibility for various business types. Its prime location in Bend, Oregon, zip code 97701, offers excellent visibility and accessibility, making it an ideal space for businesses seeking high foot traffic and strong brand exposure. The building's history as a bank suggests a solid foundation and potentially desirable architectural features. This is a rare opportunity to secure a substantial and well-situated retail space in a thriving Oregon market. Interested parties are encouraged to inquire about lease terms and availability. The property is ready for immediate occupancy.

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1979
Total area 8,295 SF
Lot 0.43 ac (18,731 SF)
APN 171228 CC 05603
UPID US71-0959380

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1701 NE 3Rd St Bend, OR 97701
Bend metro Census 1601 BEND, OR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$775k

Owner & transaction history

since 2023
1 recorded transaction
2023
$705,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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