354 NE Greenwood Ave - Office/Residential FOR SALE


Bend, OR 97701- Orchard District
$3,125,000 USD
541-419-7297
354 NE Greenwood Ave, Bend, OR for Sale
$3,125,000 USD
Office/Residential - FOR SALE
1/10
null | 5.51% Cap Rate

354 NE Greenwood Ave
Bend, OR 97701
Orchard District


HIGHLIGHTS

  • 31-Suite Multi-Tenant Professional Office Building with approximately 14,900 SF and 34 on-site parking spaces in the heart of Bend.
  • Established investment property featuring a diverse mix of professional, medical, wellness, counseling, and service-oriented tenants.
  • Excellent Midtown Bend location on Greenwood Avenue with one remaining suite available for lease, offering immediate income growth potential.

OVERVIEW

The Spectrum Professional Building is a well-maintained, 31-suite, multi-tenant office investment located in one of Bend's most established commercial corridors. Offering approximately 14,900 square feet on 0.48 acres, the property serves a diverse mix of professional office, wellness, counseling, medical, and service-oriented tenants. The building features 34 on-site parking spaces, updated common areas, a shared conference room, and flexible suite sizes that appeal to a broad range of businesses. Its central location along Greenwood Avenue provides excellent visibility and convenient access to Downtown Bend, Highway 97, St. Charles Medical Center, restaurants, shopping, and surrounding commercial services. With one suite currently available for lease and future opportunities through strategic lease renewals, The Spectrum Professional Building offers investors a quality office asset with immediate income and long-term upside.

FOR SALE DETAILS

PRICE

$3,125,000 USD

PRICE/SF

$210 USD /SF

CAP RATE

5.51%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Spectrum Bldg

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

34

LAND DETAILS

LAND ACRES

0.48 AC

LAND SF

20,909 SF

ZONING

CL

APN/PARCEL ID

105333

ASK ABOUT THIS PROPERTY

Matthew FitchJohn L Scott Real Estate BendMore Info
541-419-7297

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Matthew FitchJohn L Scott Real Estate BendMore Info
541-419-7297

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