594 Bellevue Dr Bend, OR 97701-9591
Property profile & analytics
594 Bellevue Dr Bend, OR 97701-9591
- Turn key restaurants
- 6,200 SF
- 0.97 lot acres
Property ID
US71-1087932
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- The Phoenix Restaurant / Restaurant
Property Details for 594 Bellevue Dr
- Year built
- 2000
- Lot size
- 0.97 lot acres
- Property size
- 6,200 SF
- Property type
- Turn key restaurants
- APN
- 171235 CB 01100
- APU
- 171235CB01100
Description
This exceptional 6,200 square foot restaurant space is located at 594 NE Bellevue Drive in Bend, Oregon's thriving east-side retail hub. The property sits on a 0.97-acre lot and is offered at $3,150,000. The inviting and upscale interior features high, open ceilings and quality finishes, creating a sophisticated ambiance. A spacious covered patio adds significant outdoor seating capacity. The restaurant is fully equipped for immediate operation, including all necessary equipment to help launch your culinary vision. This includes two Type I hoods (10' and 8'), a gas brick oven, multiple walk-in coolers, and a walk-in freezer. A full bar with a dedicated cooler is also included, along with the potential for a lottery room. The layout is designed for versatility, accommodating both intimate gatherings and large-scale events, with indoor seating for 133, patio seating for 64, and a maximum capacity of 300. Benefit from the property's excellent visibility and high traffic counts, situated near the Forum with 19,147 AADT on NE 27th Street and 14,810 AADT on Highway 20. This prime location is surrounded by new residential developments and is poised to benefit from Bend's continued eastward expansion and growth. The previous tenant enjoyed considerable success, establishing a strong foundation for future success. This is a turnkey opportunity not to be missed.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,636,000
- AI Estimate
- $2,636,000
Market price range: $1.72M - $3.35MMarket price range: $1.72M - $3.35M -
Alternative Use
- Use
- Estimation
- RESTAURANT
- $2,295,000 Current use
- RETAIL STORES
- $2,505,000 Change: +9% Conversion: Easy
- AUTO REPAIR, GARAGE
- $2,370,000 Change: +3% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $2,365,000 Change: +3% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $2,160,000 Change: -6% Conversion: Easy
- MEDICAL BUILDING
- $1,980,000 Change: -14% Conversion: Difficult
- OFFICE BUILDING
- $1,960,000 Change: -15% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Bend
- County
- Deschutes
- State
- Oregon
- Longitude
- -121.262
- Latitude
- 44.0561
- CBSA code
- 13460
- CBSA name
- BEND, OR METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$21,851
$0.00
$0.00
$1,366,790
-
$1,274,600
$1,046,080
$2,320,680
