274 Bluff DrBend, OR 97702

For Sale
$1,789,000
Prime 0.54-acre Old Mill District lot.

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional 0.54-acre commercial land parcel presents a unique development opportunity in Bend, Oregon's desirable Old Mill District. Zoned Mixed-Use Riverfront (MR), this property boasts pre-approved plans for a nine-unit townhome development, offering immediate construction potential. The asking price is $1,789,000, translating to $76.05 per square foot. Situated on a prominent corner lot, the site is already graded and features a completed retaining wall, significantly reducing upfront development costs. Enjoy breathtaking mountain and river views, adding significant value and appeal to any future development. The location offers unparalleled convenience, with easy access to the vibrant Old Mill District's shops and restaurants, as well as the Box Factory. Less than a mile from downtown Bend, residents will enjoy proximity to the city's cultural attractions and lively atmosphere. Outdoor enthusiasts will appreciate the nearby trails, and opportunities for kayaking and paddleboarding. Short-term rentals are permitted, enhancing investment potential. This property is also located within an Opportunity Zone, offering additional tax advantages. The sale can be structured as an outright purchase or a joint venture, providing flexibility for potential investors. This is a rare chance to acquire a fully prepared development site in one of Bend's most sought-after locations.

Highlights

  • Rare development opportunity in Bend's Old Mill District.
  • Approved for a 9-unit townhome project.
  • Site is graded with a completed retaining wall.
  • Corner lot with mountain and river views.
  • Short-term rentals permitted.
  • Near Old Mill District and Box Factory amenities.

Property Details for 274 Bluff Dr

Property type
Land
Lot Size (sq. ft)
23,522 SF

Location Insight

City
Bend
County
Deschutes
State
Oregon
Latitude
44.047916
Longitude
-121.31217
274 Bluff Dr, Bend, Oregon

FAQs

What type of property is this?
Land - Prime 0.54-acre Old Mill District lot.
Where is the land located?
The property is located at 274 Bluff Dr Bend, OR.
What is the asking price?
The asking price for this property is $1,789,000.
What are key features of this property?
This property features: Rare development opportunity in Bend's Old Mill District.; Approved for a 9-unit townhome project.; Site is graded with a completed retaining wall.
How can I contact the broker?
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274 Bluff Dr
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