62910 O.B. Riley Road
Bend, Oregon 97703
About This Home
Your opportunity to own a diversified investment property. McKay Cottage Plaza consists of the real estate housing McKay Cottage Restaurant, two adjacent office buildings, and the adjacent vacant lot. Priced far below assessed value. Real Estate only is for sale. 6.75 CAP on APOD using current rents for income, historical numbers for expenses, plus projected increases in taxes and insurance. Financials and rent roll available upon completion of NDA. This property has been immaculately maintained, with new sealing and striping, recent upgrades to HVAC, long term lease with Restaurant and primarily two year leases with other tenants. Restaurant pays all its own utilities and a sub-water meter is in place. Sorry no showings until acceptable offer in hand.
Property Details
MLS #
220227015
Status
Pending
Property Type
Commercial Sale
Year Built
1999
Sq Ft
11,024
Lot Size
1.69 acres
Location
MLS #220227015. Information is deemed reliable but not guaranteed. Listing data provided by IDX Broker and subject to change without notice.
$2,550,000
62910 O.B. Riley Road, Bend, Oregon
