105 NE Franklin Ave - Freestanding FOR SALE


Bend, OR 97701- Larkspur
$8,815,000 USD
541-383-2444
105 NE Franklin Ave, Bend, OR for Sale
$8,815,000 USD
Freestanding - FOR SALE
1/9
null | Request Cap Rate

NEW


105 NE Franklin Ave
Bend, OR 97701
Larkspur


HIGHLIGHTS

  • Planning and entitlement groundwork completed for a previously advanced mixed-use redevelopment concept.
  • Street, utility, pedestrian, bicycle, and multimodal corridor improvements are underway along Franklin Avenue.
  • Split ME and CL zoning supports a wide range of mixed-use, employment, and commercial development concepts.
  • Seven tax lots totaling ±3.53 AC provide meaningful scale for phased redevelopment and coordinated site planning.
  • Located within the Bend Central District Overlay, a targeted area for infill growth and urban investment.
  • Situated in a federally designated Opportunity Zone offering potential long-term investment advantages.

OVERVIEW

This seven-lot portfolio totals ±3.53 acres in a central Bend location along the Franklin Avenue corridor. Positioned just east of the Bend Parkway (US 97), the Property benefits from strong regional connectivity and convenient access to Downtown Bend, the Old Mill District, and surrounding commercial districts. The Property includes split zoning of Mixed-Use Employment (ME) and Commercial Limited (CL), supporting a range of employment, commercial, and mixed-use concepts, subject to City of Bend approvals. The site is located within the Bend Central District (BCD) Overlay and a federally designated Opportunity Zone, frameworks intended to encourage infill redevelopment and long-term capital investment. The combined ±3.53-acre site provides meaningful scale within the urban core and supports coordinated site planning or phased development strategies. Proximity to US 97 enhances accessibility, while nearby residential neighborhoods and established commercial amenities contribute to sustained activity in the surrounding area.

FOR SALE DETAILS

PRICE

$8,815,000 USD

PRICE/SF

$270 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Central Bend Development Opportunity

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1982

SPRINKLERS

-

PARKING SPACES

27

LAND DETAILS

LAND ACRES

3.53 AC

LAND SF

153,767 SF

ZONING

CL, ME

APN/PARCEL ID

104488

ASK ABOUT THIS PROPERTY

Jay LyonsCompass Commercial Real Estate ServicesMore Info
541-383-2444

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Jay LyonsCompass Commercial Real Estate ServicesMore Info
541-383-2444

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.