1824 Division ST Active Save Request In-Person Tour Request Virtual Tour
Bend,OR 97701
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 5,730 sqft
Price per Sqft $305
MLS Listing ID 220196199
Year Built 1979
Annual Tax Amount $11,470
Lot Size 0.260 Acres
Property Description
1824 and 1832 NE Division Street is a classic building with great visibility and easy access. With multiple complementary tenants and located just off Central Oregon's busiest highway, this property has proven to be an excellent investment. And, there is upside with the potential for increases in rents. The building presently has two vacancies out of ten suites, so the upside can begin immediately.
This property has a newer roof, fresh interior paint, and a user-friendly floor plan. After decades of owning investment properties throughout the western U.S., the seller is downsizing his portfolio, which includes selling this ideally-located property.
> Great rental history with easy to lease suites
> Good mix of tenants that provides synergy to the property
> 50,000-100,000 vehicles a day pass immediately near building
> One of the highest traffic corners in Central Oregon
> Ample parking and easy access on/off Division Street
> Located about one mile from downtown Bend
Location
State OR
County Deschutes
Interior
Heating/Cooling Electric,Forced Air,Wall Furnace,Other
Exterior
Parking Features Asphalt,Driveway,Parking Lot
Roof Type Membrane
Parking Asphalt,Driveway,Parking Lot
Building
Foundation Concrete Perimeter
Water Public
Structure Type Frame
New Construction No
Construction Frame
Others
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard