655 Greenwood Ave Redmond, OR 97756-1672
This exceptional retail opportunity presents 2,934 square feet of commercial space situated in the vibrant Central Business District (C2) of Redmond, Oregon. Located at 655 NW Greenwood Ave, 97756, Eagle Plaza Retail Center offers a dynamic mix of existing tenants and a significant vacant space of 1,368 square feet, perfect for a variety of businesses. The property boasts ample parking with 30 onsite spaces supplemented by convenient street parking, ensuring easy access for customers and employees. The building's versatile zoning allows for a range of commercial uses, including restaurants and retail establishments. This is an ideal location for businesses seeking high visibility and foot traffic in a thriving community. The property is currently available for sale and presents a strong investment opportunity in a desirable market. The building's existing infrastructure provides a solid foundation for immediate occupancy, minimizing upfront costs and maximizing return on investment. With its strategic location and ample parking, Eagle Plaza Retail Center offers a unique chance to establish or expand a successful business in the heart of Redmond. The 1,368 square foot vacant space is ready for immediate customization to suit your specific business needs. Deschutes County's robust economy and growing population make this a particularly attractive investment prospect.
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.