1315 NW Wall StreetBend, OR97703

$4,900,000
1 total units
53000 sq. ft
0.71 acres
Zoning: CL
457 days on market

VestorFilter™

Price per ft²$92.45/ft²
Price per acre$6.9M/ac
Time on market457 days

Property Description

Unparalleled opportunity to own a cash flowing self storage facility, one block from the heart of downtown Bend, with ability for upside in rents, and future development possibilities. City updated parking requirements (making housing developments easier) help make this building ripe for redevelopment. Central location within walking distance to restaurants, the river trail, parks; and easy on/off parkway access. There was over 160,000 board feet of large timber Ponderosa in the original construction from 1939. The building was converted to storage in 1983, which has been providing unique and cost effective business, residential, wine and warehousing storage ever since. Commercial limited zoning, allows for a multitude of options - including apartments, indoor food cart lot, hospitality, retail, restaurant, etc., etc. Bring your vision and creativity to turn this historic building into it's next incarnation!

Financial Data

Original Price$4,900,000
Current Price$4,900,000
Property Taxes$14,068

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Home Facts

StatusPending
Year Built1960
MLS ID220158411