23 NW Greenwood Ave - Storefront FOR SALE


Bend, OR 97703- Downtown Bend
$1,555,000 USD
971-300-9272
23 NW Greenwood Ave, Bend, OR for Sale
$1,555,000 USD
Storefront - FOR SALE
1/35
null | Request Cap Rate

23 NW Greenwood Ave
Bend, OR 97703
Downtown Bend


HIGHLIGHTS

  • Approximately 4,100 SF single-story office building on a high-visibility Hwy 97 (Bend Parkway) corridor
  • Traffic counts of 53,278 vehicles per day on Bend Parkway (2025). Excellent exposure for client-facing or service tenants
  • 12 private offices, reception and waiting area, and 4 separate entrances. Ideal for multi-tenant or medical conversion
  • 3 bathrooms, including 1 full bath, supporting medical or service-based use
  • Rear parking with excellent accessibility for clients and employees
  • Strong owner-user or investment opportunity in a desirable, supply-constrained Bend submarket

OVERVIEW

Set on one of Bend's busiest corridors, this approximately 4,100 SF single-story office building offers a rare combination of visibility, flexibility, and functionality. With more than 53,000 vehicles passing daily on the Bend Parkway, the location delivers exposure that's hard to find for client-facing professional, medical, or service-based businesses. Inside, the building is configured for adaptability: 12 private offices, a welcoming reception and waiting area, and three bathrooms including one full bath. Four separate entrances make the layout especially well suited to multi-tenant occupancy or a medical conversion, giving an owner-user room to grow or an investor a built-in path to lease-up. Renovations completed in 2005, along with newer HVAC and consistent ongoing maintenance. Rear parking and easy accessibility keep things convenient for both clients and employees. Opportunities of this size and functionality rarely surface in such a desirable Bend location. Whether you're an owner-user seeking flexibility or an investor looking for a strong commercial asset with multi-tenant upside, 23 NW Greenwood is positioned to deliver.

FOR SALE DETAILS

PRICE

$1,555,000 USD

PRICE/SF

$379 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Storefront Retail/Office, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1941

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

CG

APN/PARCEL ID

103412

ASK ABOUT THIS PROPERTY

Lauren MuscoBerkshire Hathaway Home ServicesMore Info
971-300-9272

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

Lauren MuscoBerkshire Hathaway Home ServicesMore Info
971-300-9272

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