Listing Detail for MLS: 201810927
Courtesy: Bend Premier Real Estate Llc

For more information on this listing, please contact...

  •   Price:

    • $4,500,000

  • Listing #:
    • 201810927
  • Class:
    • Commercial
  • Status:
    • Active
  • Type:
    • Mini Storage
  • Apx. SqFt:
    • 16,290
  • Lot Size:
    • 12197.00
  • Year Built:
    • 1960
  • Address:
    • 1315 NW Wall Street
  • City:
  • County:
    • Deschutes
  • Area:
    • Clab
  • State:
    • OR
  • Zip:
    • 97703

Description

Storage unit with a spectacular redevelopment opportunity in the heart of Bend and in an Opportunity Zone, with mountain and river views. Enjoy the income from the storage units while you work on a redevelopment plan that could include a Mixed-Use Concept of Retail/Office and Residential and great upside potential. Excellent downtown redevelopment potential, choice investment hold commercial opportunity. Over 160,000 feet of Ponderosa Pine was used in the construction of the building in 1939. Estimated values of these wood beams have come in at over a million dollars.
  • Building Details
    • Construction:
      • - Frame
    • Foundationdetails:
      • - Stemwall
    • Roof:
      • - Membrane
    • # Of Floors:
      • - 2
    • Flooring:
      • - Wood-sand In Place
    • # Of Overhead Doors:
      • - 4.00
  • Unit 1
    • Unit 1 Sq. Ft.:
      • - 0.00
    • Unit 1 Rent:
      • - 0.00
  • Unit 2
    • Unit 2 Sq. Ft.:
      • - 0.00
    • Unit 2 Rent:
      • - 0.00
  • Unit 3
    • Unit 3 Sq. Ft.:
      • - 0.00
    • Unit 3 Rent:
      • - 0.00
  • Unit 4
    • Unit 4 Sq. Ft.:
      • - 0.00
    • Unit 4 Rent:
      • - 0.00
  • Unit 5
    • Unit 5 Sq. Ft.:
      • - 0.00
    • Unit 5 Rent:
      • - 0.00
  • Property Details
    • Lot Number:
      • - 0000
    • LotSizeAcres:
      • - 0.28
    • Propertytype:
      • - Commercial Building
  • Parking
    • Parking Features:
      • - Parking Lot-asphalt
    • Parking:
      • - Yes
  • Utilities
    • Electric Company:
      • - Pp&l
    • Existing Water:
      • - City
    • Water District:
      • - City
    • Sewer:
      • - City Sewer
    • Heating:
      • - None
      • - Zoned Heating
  • Lease Details
    • Lease Type:
      • - Net
    • Leased:
      • - Yes
  • Inc / Expenses
    • Est. Gross Op Income:
      • - $340,000.00
    • NetOperatingIncome:
      • - $221,000.00
    • Est. Total Exp:
      • - $0.00
    • TaxAnnualAmount:
      • - $12,248.51
    • Taxyear:
      • - 2018
    • Backup Pkg Avail:
      • - Yes
    • CapRate:
      • - 5.20
  • Miscellaneous
    • Daysonmarket:
      • - 13
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For more information on this listing, please contact...