2498 Hwy 97 Redmond, OR 97756-8698
This exceptional commercial property, located at 2498 S Highway 97 in Redmond, Oregon (97756), offers a total of 3,914 square feet of retail and restaurant space available for lease. The property is situated in Deschutes County and presents a unique opportunity for multiple tenants or a single occupant seeking a substantial footprint. Currently, the entire 3,914 square feet is vacant, providing flexibility for a variety of uses. The space is divisible, with a minimum leasable area of 1,914 square feet and a maximum contiguous space of 2,000 square feet. This allows for adaptability to suit different business needs and expansion plans. The property's prominent location on Highway 97 ensures high visibility and accessibility, making it an ideal location for businesses seeking strong foot traffic and convenient access for customers. The property is classified as both retail and restaurant space, catering to a wide range of potential tenants. This versatile space is perfect for businesses looking to establish a strong presence in the thriving Redmond market. Interested parties are encouraged to inquire about lease terms and availability. The property's size and location make it a highly desirable commercial opportunity.
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.