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Property profile & analytics
OFF-MARKET Estimated value $1,105,000
Drive through restaurants

515 Bellevue Dr Bend, OR 97701-9591

1,520 SF 0.37 ac lot Built 2000
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US71-0307284
Property summary
AI-generated overview

This exceptional investment opportunity presents a 1,520-square-foot commercial building currently leased to Subway Sandwiches. Situated on a highly visible 0.32-acre lot just off Highway 20 East in Bend, Oregon, this property boasts a convenient drive-thru. The existing lease with a credit-worthy tenant provides a stable and predictable income stream. The building's prime location ensures consistent foot traffic and excellent brand visibility, making it an attractive investment for discerning buyers. The property's strong tenant history and strategic placement offer a compelling return on investment. The 1,520 square feet of space is well-maintained and suitable for continued operation as a fast-food establishment or potential redevelopment, subject to local zoning regulations. The 0.32-acre lot provides ample space for parking and potential future expansion. This turnkey investment offers a rare opportunity to acquire a well-established commercial property in a thriving Bend, Oregon location with a long-term lease in place. The property's high visibility and convenient access to Highway 20 East make it an ideal location for a variety of commercial uses. This is a fantastic opportunity to acquire a stable, income-producing asset in a desirable market. The asking price is $1,100,000. Further details regarding the lease terms and financial performance are available upon request.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2000
Total area 1,520 SF
Lot 0.37 ac (16,117 SF)
APN 171235 CB 00600
UPID US71-0307284
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
  • Subway Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$822k
Blend (final) Blend
$1.11M
Owner & transaction history
Mbb Holdings LLC · 1 yrs held
Mbb Holdings LLC
since 2025
Last sale
$1.1M
5 recorded transactions
2025
$1.1M
2016
$104,000
2010
$535,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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