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Property profile & analytics
OFF-MARKET Estimated value $1,800,000
Turn key restaurants

744 Bond St Bend, OR 97703-2749

6,500 SF 0.16 ac lot Built 1938
Individually Owned 22-yr Hold ~ Est. High Equity
Property ID
US71-0576608
Property summary
AI-generated overview

This exceptional restaurant space, located in Bend, Oregon's vibrant Central Business District (CBD), offers a unique opportunity for food and beverage entrepreneurs. Situated at 744 NW Bond St, zip code 97701, this property boasts a total building size of 6,500 square feet, with 2,054 square feet currently available for lease. The space is zoned for Central Business District use, making it ideal for a variety of restaurant concepts. The multiple tenancy structure suggests a dynamic and thriving environment, potentially offering opportunities for collaboration or synergy with existing businesses within the building. Deschutes County's strong economy and Bend's burgeoning tourism industry provide a robust market for a successful restaurant venture. The property's location in the heart of downtown Bend ensures high visibility and accessibility to a large customer base. This is a rare chance to establish a presence in one of Oregon's most desirable and rapidly growing cities. The ample square footage allows for creative design and layout options, catering to diverse restaurant needs and styles. Interested parties are encouraged to explore the potential of this prime commercial real estate offering. The property is located at 44.1137409 latitude and -121.263026 longitude.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1938
Total area 6,500 SF
Lot 0.16 ac (6,970 SF)
APN 171232 CA 06000
UPID US71-0576608
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
  • Sora Sushi - Bend Restaurant
  • TeaCupFuls Cafe & Coffee Shop
  • LibertyX Bitcoin ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.80M
Blend (final) Blend
$1.80M
Owner & transaction history
Jerrye Boddum · 22 yrs held
Jerrye Boddum
since 2004
6 recorded transactions
2020
Price N/A
2004
Price N/A
2004
Price N/A
2001
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $2.6M +9.0%
Auto repair, garage $2.5M +3.2%
Apartment house (5+ units) $2.5M +3.0%
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