This rare 0.54-acre development opportunity is located in the heart of Bend’s Old Mill District and comes with land use approvals for a nine-unit townhome development. The site is graded and ready for construction, with a completed retaining wall and approved utilities. Situated on a prominent corner lot, the property offers stunning mountain and river views, making it an attractive location for residential development. Zoned Mixed-Use Riverfront (MR), this parcel allows for a variety of commercial and residential opportunities, including short-term rentals. Its prime location places it within walking distance of the Old Mill District, Box Factory, and the emerging Jackstraw and Timber Yards developments, providing easy access to premier shopping, dining, and entertainment. Additionally, the site is positioned at the intersection of SW Bond Street and SW Bluff Drive, benefiting from high visibility and 7,336 AADT (Annual Average Daily Traffic). Beyond its development potential, this property offers strong investment appeal as it is located within an Opportunity Zone, presenting potential tax incentives. Outdoor enthusiasts will appreciate its close proximity to the Deschutes River, Bend’s extensive parks and trails, and Mt. Bachelor, a popular destination for year-round recreation. This property is available for outright sale or a joint venture opportunity, making it an exceptional prospect for developers and investors looking to build in one of Bend’s most desirable locations.