477 NE Greenwood Ave, Bend, OR 97701
For Sale
1 / 2
This exceptional 3,068 square foot medical office building, located at 477 NE Greenwood Avenue in Bend, Oregon, presents a compelling opportunity for both owner-users and investors. Situated on a 0.16-acre lot (6,969.6+/- square feet), this property boasts significant curb appeal and a strategic location. The building features a flexible layout, suitable for single or multi-tenant occupancy, with upper and lower level suites. Individual suites offer private offices, a welcoming reception area, dedicated points of entry, and restrooms. Ample parking is provided with 11 dedicated stalls, four of which are covered. Recent improvements include a new paver patio entry to the lower level. The building's zoning is CL. The tax map/lot number is 1171233BC 08200. Originally constructed in 1964, the building is comprised of Suite A (617+/- RSF) and Suite B (613+/- RSF), with additional square footage on the main street level. Currently, a portion of the building is leased to Cascade Chiropractic, but this lease will terminate upon the sale closing. This property offers a rare blend of location, functionality, and investment potential in the thriving Bend market. The asking price is $977,100.
-
Jim I. Wilkens, DC Alternative Medicine Practice
-
Cascade Chiropractic Center Alternative Medicine Practice
-
Orchard Park Apartments Real Estate Agency
-
Vestibular Therapy Specialists Medical Clinic
-
Smooth Esthetics & Skincare Spa & Massage Center Skin Care Clinic
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.