1560 NE 1st Street offers the opportunity to acquire a well-established, multi-tenant industrial investment in Bend's Midtown commercial district. Priced at just $144.56 per square foot, the property represents exceptional value for a fully leased industrial asset in Bend. The building includes 14 industrial suites totaling approximately 17,640 square feet,… Read More with eight 1,200-square-foot units and six 1,340-square-foot units. This small-bay configuration supports a diverse tenant mix and has historically maintained very low vacancy. The property is fully leased and currently generates $18,373 in gross monthly rental income. At a 6.56% capitalization rate, the asset provides immediate cash flow with additional value-add potential through professional property management, strategic renewals, and adjustments toward current market rents. Read Less
Courtesy of Robert A Raimondi, Compass Commercial Real Estate
Listing Snapshot
Days Online
15
Last Updated
Square Ft.
17,640
Lot Size
0.91 Acres
Year Built
1974
MLS Number
220225719
30 Days Snapshot Of 97701
$665k
+5%
(avg) sold price
72
+22%
homes sold
106
-14%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Building area total: 17,640, Built in 1974
Cooling
Zoned
Floors
Concrete
Heating
Zoned
Lot
0.91 acres, Lot size area: 1, 39,640 square feet
Parking
Asphalt
Sewer
Public Sewer
Taxes
Tax annual amount: $12,497
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings last updated on .
Confirm your time
Fill in your details and we will contact you to confirm a time.
