502 NE Revere Ave - Specialty FOR SALE


Bend, OR 97701- Orchard District
$699,000 USD
541-639-2566
502 NE Revere Ave, Bend, OR for Sale
$699,000 USD
Specialty - FOR SALE
1/19
null | Request Cap Rate

502 NE Revere Ave
Bend, OR 97701
Orchard District


HIGHLIGHTS

  • Long history of successful commercial occupancy
  • 1,451 SF open studio space
  • Premium high-grade hardwood flooring for impact absorption and athlete performance
  • Two locker rooms with showers
  • Private office for administration or client meetings with separate exterior entrance
  • Functional layout for fitness, wellness or creative studio uses

OVERVIEW

This flexible property offers a unique opportunity for a variety of community or owner-user uses, supported by a long history of successful commercial occupancy. Past uses include a church, daycare, and a karate studio with a 1994 Certificate of Occupancy for A-3 Assembly (up to 85 occupants). Buyer to perform all due diligence with the City of Bend regarding continued commercial use and permitting. Ideally situated on a well-traveled east–west feeder street with traffic counts nearing 7,000 vehicles per day, the property benefits from strong visibility and accessibility. It’s also just three blocks off Third Street/Business 97, one of Bend’s primary commercial corridors, which sees over 18,700 vehicles daily. With its established history of civic and community-oriented uses, flexible layout, and strategic location near major traffic routes, this property presents an exceptional opportunity for continued institutional, educational, or specialty service use within a residential setting.

FOR SALE DETAILS

PRICE

$699,000 USD

PRICE/SF

$303 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Commercial-Use Building off Third Street

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

1959

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,969 SF

ZONING

RS

APN/PARCEL ID

151003

ASK ABOUT THIS PROPERTY

Jennifer LimogesNAI CascadeMore Info
541-639-2566

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

Jennifer LimogesNAI CascadeMore Info
541-639-2566

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