Price cut $155K
$2,295,000
1/53 BD · 4.5 BA · 9,490 SF · 25.4 AC
21955 Rickard Road
Bend, OR 97702
#220224515 01 / 01
For sale
$2,295,000
583 NE Bellevue Drive
Bend, OR 97701
- Baths
- 0
- Acres
- 0.59
- Built
- 1997
Est. $13,980/mo~11 min to downtown Bend (approx.)
Listing by Compass Commercial Real Estate · 541-383-2444
MLS# 220227852 · Active
01
About this home
This corporate-guaranteed Starbucks investment opportunity is located at 583 NE Bellevue Dr in Bend, Oregon, at the signalized intersection of Highway 20 and NE 27th Street. Starbucks has operated at this location since 2004. The property includes a 2,614 SF freestanding drive-through building on 0.59 acres, with 19 parking spaces and General Commercial (CG) zoning. Built in 1997, the property is leased to Starbucks Corporation under a modified NNN lease with limited landlord responsibilities. The current lease term runs through May 31, 2029, with four additional five-year renewal options that could extend occupancy through May 31, 2049.
02
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03
Price history
40 days, no changes| Date | Event | Price |
|---|---|---|
| Aug 27, 2026 | Listed for sale | $2,295,000 |
From the MLS: original list price and latest price change. 40 days on market.
04
Drive times
~11 min to downtown Bend- St. Charles Bend~6 min · 1.4 mi
- Downtown Bend~11 min · 3.4 mi
- Old Mill District~12 min · 3.5 mi
- Redmond Airport (RDM)~30 min · 19.2 mi
- Sunriver Village~30 min · 19.6 mi
- Mt. Bachelor~40 min · 28.3 mi
- Sisters~40 min · 28 mi
- Smith Rock State Park~41 min · 29 mi
Approx. Straight-line distance × 1.3 for roads, at in-town and highway speeds. No traffic, snow, or Hwy 97 construction. Ask Cody about real commute times.
05
Facts & features
Built 1997- Year built
- 1997
- Stories
- 1
- Lot
- 0.59 AC · 25,700 SF
- HOA
- None reported
- Taxes
- $18,172/yr
- County
- Deschutes
- Days on market
- 40
- MLS #
- 220227852
- Flooring
- Laminate
- Heating
- Forced Air · Zoned
- Cooling
- Central Air
- Parking
- Asphalt
- Lot
- Corner Lot · Landscaped · Sprinklers In Front · Sprinkler Timer(s)
- Roof
- Membrane
06
Location & schools
Bend44.0561° N · 121.2633° W
Directions07
Monthly payment
$13,980/mo$13,980/mo
$1,836,000 loan · 30 yr fixed · 6.5%
- Principal & interest
- $11,605
- Property tax (listing)
- $1,514
- Home insurance (est.)
- $861
20% · $459,000
6.500%
Loan term
Estimate only. Taxes use the listing's reported amount when there is one; insurance is approximated. A lender can give you an exact number.
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#220229703Listing information provided by Oregon Data Share. Data last updated Oct 7, 2026, 4:31 PM.
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