798 NW 5th St - Storefront FOR SALE


Redmond, OR 97756
$3,500,000 USD
541-419-2634
798 NW 5th St, Redmond, OR for Sale
$3,500,000 USD
Storefront - FOR SALE
1/14
null | Request Cap Rate

NEW


798 NW 5th St
Redmond, OR 97756


HIGHLIGHTS

  • Potential to deliver the entire 13,936 SF building vacant for owner-user occupancy
  • Building includes an open retail storefront with private restrooms, warehouse space with a 14 ft. roll up door, and almost 8,000 SF of storage
  • Pylon signage available on 5th Street
  • High visibility location with traffic counts over 9,500 AADT (2023)
  • Great access, visibility and parking
  • New 47-unit residential development recently constructed just south of the property

OVERVIEW

Rare opportunity to acquire a vacant 13,936 SF retail and warehouse facility in a highly visible Redmond location. The 0.93-acre property is zoned Central Business (C2) and was originally built in 1963, with renovations completed in 2023. The building features approximately 2,407 SF of open retail showroom, 368 SF of restroom area, 3,510 SF of warehouse space with a 14 ft. roll up door, and 7,944 SF of storage. The property offers 49 shared onsite surface parking spaces, pylon signage on NW 5th Street, excellent access and visibility, and the potential to deliver the entire building vacant for an owner-user.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$251 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Retail/Warehouse Facility

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

undefined, Supermarket, Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

SPRINKLERS

-

PARKING SPACES

46

LAND DETAILS

LAND ACRES

0.93 AC

LAND SF

40,511 SF

ZONING

C2

APN/PARCEL ID

122611

ASK ABOUT THIS PROPERTY

Russell HuntamerCompass Commercial Real Estate ServicesMore Info
541-419-2634

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Russell HuntamerCompass Commercial Real Estate ServicesMore Info
541-419-2634

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