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212 NE Revere Ave

2,756 SF Vacant Retail Building Bend, OR 97701 $2,600,000 ($943/SF)

Executive Summary

This is a unique investment property, built in 1977 and comprehensively renovated in 2018. Zoned CL, it is an ideal restaurant, fast food, or retail location. A strategic location in Bend's "Central Business District," this property presents an exceptional opportunity to capitalize on the region's continuing growth. More than $1M in capital improvements in 2018, along with prime zoning, and an ideal location makes it an enticing prospect for visionary restaurant/retail investors seeking a high-traffic, high-visibility property.
This 2,756 SF, fully equipped and exquisitely cleaned and maintained commercial kitchen is ideally located in Bend's Central Business District. Close to Bend's Parkway, at the intersection of NE Revere Ave and 3rd St., this is the ideal central location for your commercial commissary, your growing commercial kitchen needs, your catering business, or even your Consumer Packaged Goods (CPG) business' food preparation and packaging needs. This space can accommodate both your business needs exactly where they are now and your growth in the short and long term.

Financial Summary (Actual - 2023)

Annual Annual Per SF
Gross Rental Income $160,000 $58.06
Other Income - -
Vacancy Loss - -
Effective Gross Income $160,000 $58.06
Net Operating Income - -

Financial Summary (Actual - 2023)

Gross Rental Income
Annual $160,000
Annual Per SF $58.06
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $160,000
Annual Per SF $58.06
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,756 SF
Building Class
C
Year Built
1977
Price
$2,600,000
Price Per SF
$943
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Land Acres
0.32 AC
Opportunity Zone
Yes
Zoning
CL - Commercial Limited - Commercial Limited
Frontage
138 FT on NE Revere Ave

Amenities

  • Air Conditioning

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Prep - A Chefs' Kitchen
  • Accommodation and Food Services
  • 1,375 SF
  • -
  • Negotiable
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Prep - A Chefs' Kitchen Accommodation and Food Services 1,375 SF - Negotiable -
Walk Score ®
Very Walkable (82)
Bike Score ®
Very Bikeable (89)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

9Round
U.S. Bank
Bend Black Bear Diner
Albertsons
Starbucks
Laughing Planet
Baja Fresh Mexican Grill
Dutch Bros
Bank of America
Planet Fitness

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
100693
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$597,220
  • Listing ID: 32748929

  • Date on Market: 8/9/2024

  • Last Updated:

  • Address: 212 NE Revere Ave, Bend, OR 97701

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