1560 NE 1st Street offers the opportunity to acquire a well-established, multi-tenant industrial investment in Bends Midtown commercial district. Priced at just $144.56 per square foot, the property represents exceptional value for a fully leased industrial asset in Bend. The building includes 14 industrial suites totaling approximately 17,640 square feet, with eight 1,200-square-foot units and six 1,340-square-foot units. This small-bay configuration supports a diverse tenant mix and has historically maintained very low vacancy.The property is fully leased and currently generates $18,373 in gross monthly rental income. At a 6.56% capitalization rate, the asset provides immediate cash flow with additional value-add potential through professional property management, strategic renewals, and adjustments toward current market rents.
Listed By
Agency Name: Compass Commercial Real Estate
Shown By
Agent Name: Jordyn Therrell
Agent Phone: Primary: (503) 724-5908
Agency Title: CENTURY 21 North Homes Realty
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1560 NE 1st Street | MLS# 220225719
This commercial property located at 1560 NE 1st Street, Bend, OR 97701 is currently listed for sale with an asking price of $2,550,000. Search Bend real estate on jordyntherrell.isellsunriver.com today.