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    61379 Hwy 97, Bend, OR 97702-2105

    4,394 SF 0.68 ac lot Built 2008
    Entity Owned 1-yr Hold Free & Clear
    Property ID
    US71-0892211
    Property summary
    AI-generated overview

    This exceptional 4,394-square-foot retail space is ideally situated at 61379 S Hwy 97 in Bend, Oregon, within Deschutes County. Built in 2008, the property boasts a single-tenant occupancy and is currently entirely vacant, presenting a unique opportunity for a new business to establish a strong presence. The building sits on a sizable 0.68-acre lot, offering ample space for potential expansion or outdoor amenities. Its Commercial General (CG) zoning allows for a wide range of commercial uses, providing flexibility for prospective tenants. The property's location on Highway 97 ensures high visibility and accessibility, making it an attractive option for businesses seeking maximum exposure to a significant volume of traffic. The entire 4,394 square feet is available for lease, providing a substantial footprint for a variety of retail concepts. The property's 2008 construction suggests a relatively modern building with updated infrastructure, minimizing the need for extensive renovations. Its strategic location in Bend, Oregon, a thriving city with a robust economy, further enhances its appeal to potential tenants. The 97702 zip code indicates a location within a well-established commercial area, likely benefiting from existing infrastructure and customer base. This property represents a compelling investment opportunity for businesses seeking a prominent location with significant visibility and ample space.

    Property profile
    Verified
    Property type Banks
    Use group FINANCIAL BUILDING
    Year built 2008
    Total area 4,394 SF
    Lot 0.68 ac (29,621 SF)
    APN 181208 DB 00700
    UPID US71-0892211
    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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    61379 Hwy 97 LLC · 1 yrs held
    61379 Hwy 97 LLC
    since 2024
    7 recorded transactions
    2024
    2017
    2014
    $4.5M
    2005
    2004
    $1,031
    2004
    $1.2M
    2004
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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