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    Property profile & analytics
    OFF-MARKET Estimated value $630,000
    Retail space

    324 Hl St, Bend, OR 97703-2947

    1,023 SF 0.11 ac lot Built 1920
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US71-1736015
    Property summary
    AI-generated overview

    This exceptional 1,023 square foot executive office building, located at 324 NW Hill Street in Bend, Oregon, presents a unique investment opportunity. Completely renovated in 2018, the property boasts a desirable blend of retail and office space, perfect for a variety of uses. The layout includes an open retail area, two private offices, a full kitchen, a sizable storage room, and an attractive restroom complete with a shower. The building sits on a 0.11-acre lot and includes two parking spaces, a valuable asset in this vibrant area. Zoned Commercial General (CG), this property offers flexibility for various business ventures. Its prime location on Bend's west side provides convenient access to downtown Bend, the Market of Choice grocery store, the Box Factory, the Old Mill District, and other popular west side amenities. Furthermore, the property's strategic location offers excellent access to Highway 97/Bend Parkway and Colorado Avenue, ensuring easy commutes and accessibility for clients and employees. The asking price is $650,000, translating to $635.39 per square foot. Note that a separate dispensary license associated with this property is available for purchase. This presents an additional avenue for potential income and expansion. This is a rare opportunity to acquire a well-maintained, versatile commercial property in a thriving Oregon city.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1920
    Total area 1,023 SF
    Lot 0.11 ac (4,792 SF)
    APN 171232 DD 02200
    UPID US71-1736015
    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
    • SMOKELORE (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $613k
    Blend (final) Blend
    $630k
    Owner & transaction history
    Traixial Holdings LLC · 1 yrs held
    Traixial Holdings LLC
    since 2025
    Last sale
    $650,000
    7 recorded transactions
    2025
    $650,000
    2021
    2018
    2016
    2016
    $200,520
    2015
    $4,000
    2015
    $2,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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