1346 Galveston AveBend, OR 97703

Property Details for 1346 Galveston Ave

Year built

1991

Lot size

0.13 AC

Property size (Sq ft)

1,792 SF

Property type

Retail space

Property subtype

Storefront properties

APN

171231 DB 06700

APU

171231DB06700

Description

This exceptional 1,792 square foot retail property, built in 1991, is located at 1346 NW Galveston Ave, Bend, Oregon, 97703, in Deschutes County. Zoned Commercial Convenience (CC), it offers a wide-open layout with high-end finishes and abundant natural light from large windows across the entire front. The property boasts excellent visibility and monument signage opportunities on busy Galveston Avenue, which sees a high average daily traffic count of 12,800 (AADT 2022). Six on-site parking spaces provide convenient access directly off Galveston Avenue. The 0.13-acre lot provides ample space for customers and staff. This property presents a unique opportunity for businesses seeking maximum exposure and accessibility in a thriving Bend location. The asking price is $1,495,000.

• CAP approach

  CAP return

  Valuation

  6%

  $539,780

  6.5%

  $498,258

  7%

  $462,669

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,157,094

  Geo Method

  $1,157,094

• Alternative Use

  Use

  Valuation

  Residential

  $420,300

  Hospitality

  $384,992

  Educational

  $320,309

  Medical

  $331,325

  Retail

  $498,258

Location Insight

City

Bend

County

Deschutes

State

Oregon

Latitude

44.0569

Longitude

-121.331

CBSA code

13460

CBSA name

BEND, OR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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