515 Century Dr, Bend, OR 97702-3937
This exceptional 1,625 square foot retail or restaurant space is ideally situated at 515 SW Century Drive in Bend, Oregon, 97702. The property boasts a single-tenant occupancy, offering a blank canvas for a new business venture. The building's total square footage is 1,625 square feet, all of which is currently vacant and ready for immediate occupancy. Convenient parking is available with four onsite spaces supplemented by ample street parking. The property is zoned Mixed-Use Urban (MU), providing flexibility for a variety of commercial uses. Its strategic location next to the OSU-Cascades campus presents a unique opportunity to tap into a vibrant student population and the surrounding community. This prime Bend location offers high visibility and accessibility, making it an attractive proposition for businesses seeking a strong foothold in a thriving market. The property's size and zoning make it suitable for a range of retail or restaurant concepts. Interested parties are encouraged to explore the possibilities this exceptional space offers. The property is ready for immediate occupancy.
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.