184 Franklin AveBend, OR 97701

  • Retail space
  • 3,840 SF
For Lease
$18/SF/YR View listing

Property Details for 184 Franklin Ave

Year built
1957
Lot size
0.11 AC
Property size (Sq ft)
3,840 SF
Property type
Retail space
Property subtype
Storefront properties
APN
171232 DA 04700
APU
171232DA04700

Description

This exceptional 9,288 square foot mixed-use retail property, located at 184 NE Franklin Avenue in Bend, Oregon, presents a unique investment opportunity. The entire space is currently vacant, offering a blank canvas for a discerning tenant to customize. The property boasts a Commercial Limited (CL) zoning designation, providing flexibility for a variety of commercial uses. Ample parking is available with 13 designated spaces. Situated in Deschutes County, this single-tenant building offers high visibility and accessibility in a thriving Bend neighborhood. The property's 97701 zip code places it within a dynamic commercial corridor, benefiting from high foot traffic and convenient access to major transportation routes. The building's substantial square footage allows for a wide range of retail concepts, from large-format stores to multi-use spaces. This is an ideal opportunity for businesses seeking a prominent location in a rapidly growing market. The property's size and zoning make it suitable for a variety of retail ventures, providing significant potential for long-term growth and profitability. Interested parties are encouraged to explore the possibilities this exceptional property offers. Contact us to schedule a viewing and discuss your business needs.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $880,731
    6.5%
    $812,983
    7%
    $754,912
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,023,280
    Geo Method
    $1,023,280
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,563,640
    Mixed-Use / Specialty
    $818,876
    Hospitality / Lodging
    $612,229
    Office
    $823,168
    Institutional / Educational
    $854,443
    Residential Income
    $999,698
    Multifamily
    $1,150,250
    Automotive / Energy
    $732,379
    Parking / Income-Based Land
    $244,050
    Restaurant / Food Service
    $444,666
    Healthcare / Senior Housing
    $830,726

Location Insight

City
Bend
County
Deschutes
State
Oregon
Latitude
44.0562
Longitude
-121.304
CBSA code
13460
CBSA name
BEND, OR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,618
-
-
$351,430
-
$167,990
$310,700
$478,690

FAQs

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