For Sale
$850,000

404 25Th StRedmond, OR 97756

Shovel-ready, 12-unit potential.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 1.01-acre lot at 404 NW 25th St, Redmond, OR 97756, presents a unique opportunity for mixed-use development. Zoned Mixed Use Neighborhood (MUN), this flat, shovel-ready site is perfectly positioned in a dense residential area of Deschutes County, offering immediate construction potential. All utilities are conveniently stubbed to the site, minimizing upfront costs and expediting the building process. Currently approved for a 12-unit live-work-loft development, the property boasts significant versatility. Potential uses include single-family and multifamily housing, retail spaces, restaurants, cafes, professional offices, personal services, grocery stores, community centers, assisted living facilities, schools, and daycare centers. The $850,000 asking price translates to $19.48 per square foot. This prime location provides easy access to major roads, shopping, dining, and recreational amenities, making it an ideal investment for developers seeking to capitalize on Redmond's thriving growth and community needs. The property's flat terrain ensures a straightforward construction process, saving both time and money. This is a rare chance to create a vibrant and sustainable development in a highly desirable area.

Highlights

  • Mixed-use neighborhood site in dense residential area, suitable for commercial/residential development.
  • Approved for a 12-unit live-work-loft project.
  • Potential uses include residential (single-family & multifamily), retail, restaurants, offices, and personal services.
  • Level lot, ready for immediate construction.
  • All utilities are stubbed.
  • Level terrain allows for immediate construction, minimizing site prep costs.

Property Details for 404 25Th St

Property type
Retail properties, Office properties
Lot Size (sq. ft)
43,996 SF
Units
12

Location Insight

City
Redmond
County
Deschutes
State
Oregon
Latitude
44.279628
Longitude
-121.196288
404 25Th St, Redmond, Oregon

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404 25Th St
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