16
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$2,115,000
Est. payment /mo
5,015 SqFt
Active
631 Federal ST Bend, OR 97703
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 5,015 sqft
Price per Sqft $421
Subdivision Highland
MLS Listing ID 220203547
Year Built 2016
Annual Tax Amount $10,811
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions 0.15
Property Description
Galveston Terrace is a well-positioned mixed-use property located at the corner of Galveston Avenue and NW Federal Street, one of Bend's key corridors linking downtown and the west side. Built in 2016, the 5,015 SF building comprises two ground floor retail suites—leased to popular local businesses Bonta Gelato and Iris & Stout—and two well-appointed second-floor residential units. The site offers onsite parking and excellent street presence within a walkable, high-demand neighborhood surrounded by restaurants, shops, and residential density. With 100% occupancy and CC zoning, this asset is an attractive long-term hold in a supply-constrained urban node.
Location
State OR
County Deschutes
Community Highland
Interior
Heating/Cooling Forced Air, Zoned
Exterior
Parking Features On Street, Parking Lot
Roof Type Composition
Parking On Street, Parking Lot
Building
Entry Level Two
Foundation Slab
Water Public
New Construction No
Others
Senior Community No
Tax ID 102704
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Listed by Compass Commercial Real Estate