1560 1st Street
Bend, Oregon 97701
About This Home
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, 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.
Property Details
MLS #
220225719
Status
Active
Property Type
Commercial Sale
Year Built
1974
Sq Ft
17,640
Lot Size
0.91 acres
Location
MLS #220225719. Information is deemed reliable but not guaranteed. Listing data provided by IDX Broker and subject to change without notice.
$2,550,000
1560 1st Street, Bend, Oregon
