Advertise
    Redmond, OR
    Spa & Wellness

    Redmond, OR Spa & Wellness Properties for Sale

    Notify Me
    List
    Map
    Terrebonne, OR Bend, OR Powell Butte, OR Culver, OR Sisters, OR Prineville, OR Metolius, OR Madras, OR
    Converted Office Building with Porch
    Updated: Apr 23
    Converted Office Building with Porch

    654 NW 4th Street, Redmond, OR 97756

    $360,000
    816 sqft 0.15 AC lot
    1940 frame office building with 816 SF includes a waiting room, 3 separate offices, 1/2 bath, break room/kitchenette, and storage area
    Corner lot at NW 4th Street + NW Greenwood Avenue, shared with a medical office complex, new Midtown Place apartment complex, and a single‑family residence
    R5 zoning with Conditional Use Permit (CUP) and listing notes buyer due diligence with the City regarding allowed uses
    Utilities: public water and public sewer
    Roof is composition; heating includes electric/baseboard and cooling includes wall/window and window unit(s)
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    654 NW 4th Street, Redmond, OR 97756

    View Property Analytics

    • Est. Cap Rate

      3.3%
      NOI ÷ price

    • Est. NOI

      $12K
      Annual

    • Price @ 7% Cap

      $167K
      Suggested

    • Property Type

      Single Family Residence
      Built 1940
    View Property Analytics
    Converted Office Building with Porch
    Updated: Apr 23
    Converted Office Building with Porch

    654 NW 4th Street, Redmond, OR 97756

    $360,000
    1940s office converted from a home in the early 2000s; includes a waiting room plus 3 separate offices
    816 SF office suite with half bath, break room/kitchenette, and storage area
    R5 zoned corner lot with Conditional Use Permit (CUP) expanding allowable uses; buyer to verify uses with the City
    Newer asphalt parking lot plus shaded front landscaping with picket fence and covered front porch
    Corner location on NW 4th Street + NW Greenwood Avenue shared by medical office complex, Midtown Place apartments, and a single‑family residence
    View details
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Redmond, OR, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Turn-Key Fitness Facility With Aquatic Lease
    Turn-Key Fitness Facility With Aquatic Lease

    1419 Sheridan Ave, Prosser, WA 99350

    $1,450,000
    18,962 sqft

    Turn-key fitness facility includes equipment, private offices, sauna, basketball court, group class room, and secure 24-hour access.

    View details
    Remodeled Commercial Office Building
    Remodeled Commercial Office Building

    5625 SE 83RD, Portland, OR 97266

    $349,900
    616 sqft 0.09 AC lot

    Remodeled building with HVAC, updated interiors, and three on-site parking spaces on a CM3-zoned lot for flexible business use.

    View details
    Multi-Suite Medical and Office Building
    Multi-Suite Medical and Office Building

    12720 Sw Pacific Hwy, Portland, OR 97223

    $1,395,000
    5,068 sqft

    Fully renovated multi-suite office building with on-site parking and individually metered electric service.

    View details
    Downtown Mixed-Use Building with Storefronts
    Downtown Mixed-Use Building with Storefronts

    1215 Meade Ave, Prosser, WA 99350

    $930,900
    6,201 sqft

    Mixed-use building with two retail storefronts, upstairs yoga studio, and a remodeled furnished short-term rental suite.

    View details

    Redmond, OR Spa & Wellness Properties Market Trends and Statistics

    Explore 2 spa & wellness properties for sale in Redmond, OR on our real estate platform. These investment opportunities span a total of 816 square feet of properties for sale, with an estimated market value of $720,000.

    Sale prices for spa & wellness properties in Redmond, OR average $360,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Spa & wellness properties 3

    Demographics Overview

    Population 44K
    Population Growth (5Y) +18.0%
    Median Household Income $84,067
    College Educated 42.7%

    High-Yield Neighborhoods for Investment

    Identify Redmond submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    97756 $360K

    Taxes & Financing

    Tax Rate (average for all types) 1.83%
    Property Tax per SF $22.01 per SF
    Tax Rate vs County Average 0.32 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Deschutes County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Deschutes County

    Retail

    Property Size Breakdown

    The majority of commercial real estate listings in Redmond fall within the 10,000 to 25,000 square foot range.

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Popular Searches in Redmond, OR

    Popular Categories

    Most Searched ZIP Codes in Redmond, OR

    • 97756

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!