123 SW Columbia St - Office FOR SALE


Bend, OR 97702- River West
$5,950,000 USD
541-848-4064
123 SW Columbia St, Bend, OR for Sale
$5,950,000 USD
Office - FOR SALE
1/27
null | Request Cap Rate

123 SW Columbia St
Bend, OR 97702
River West


HIGHLIGHTS

  • Excellent Location - Premier west side address adjacent to Safeway Shopping Center
  • Flexible Floor Plans - Designed for either single-tenant or multi-tenant configurations
  • Broad Zoning - MU zoning allows medical, office, retail, or service uses
  • Underground Parking - 4,981 SF of secure dedicated garage parking plus ample surface spaces
  • Long-Term Lease - Income in place with long-term lease on the first floor
  • Quality Construction - High-end finishes, newer building (2007), and construction well below replacement cost

OVERVIEW

123 SW Columbia Street presents a rare opportunity to acquire a high-quality, Class A office property in one of Bend’s most sought-after locations. The two-story building is ideally suited for an investor or owner-user, with the first floor currently leased, providing immediate income, and the second floor available for owner occupancy. The property features flexible layouts, secure parking, premium construction, and MU (Mixed-Urban) zoning, allowing for medical office, general office, retail, or service-oriented businesses. Located next to the Safeway Shopping Center, the property provides immediate access to restaurants, shopping, banking, and grocery. Its central west side position ensures strong visibility, high traffic counts, and close proximity to Downtown Bend and the Old Mill District. Built in 2007, the building offers high-quality construction at costs well below current replacement value. Features include flexible floor plans, elevator access, secure underground garage parking, abundant natural light, open work areas, and private offices. Situated on a 0.71-acre lot with ample surface parking, the property supports single- or multi-tenant use and creative mixed-use visions. 123 SW Columbia Street combines income stability, owner-user flexibility, and a premier location in Bend’s thriving commercial market.

FOR SALE DETAILS

PRICE

$5,950,000 USD

PRICE/SF

$395 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

West Side Office Building

PROPERTY TYPE

Office

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.71 AC

LAND SF

30,928 SF

ZONING

MU

APN/PARCEL ID

165093

ASK ABOUT THIS PROPERTY

Graham DentCompass Commercial Real Estate ServicesMore Info
541-848-4064

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Graham DentCompass Commercial Real Estate ServicesMore Info
541-848-4064

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