1380 Canal BlvdRedmond, OR 97756

Property Details for 1380 Canal Blvd

Year built

2008

Lot size

0.92 AC

Property size (Sq ft)

8,905 SF

Property type

Community centers

APN

151316 DC 00301

APU

151316DC00301

Description

This exceptional 2,488-square-foot retail space is ideally situated at 1380 SW Canal Blvd in Redmond, Oregon's vibrant Central Business District (C2 zoning). The property offers a single-tenant occupancy opportunity, perfect for a business seeking high visibility and accessibility. With ample parking for 85 vehicles, customers and employees will find convenient parking readily available. The entire space is currently vacant, presenting a blank canvas for a new tenant to customize and design to their specific needs. Located in Deschutes County, this property benefits from the strong economic activity and growing population of Redmond. The address, 1380 SW Canal Blvd, 97756, places the property in a high-traffic area, ensuring maximum exposure to potential customers. This is a rare opportunity to secure a substantial retail space in a prime location within a thriving Oregon community. The building's size and ample parking make it suitable for a wide range of retail businesses. The Central Business District zoning allows for a variety of commercial uses, providing flexibility for potential tenants. This property is available for lease and presents a compelling investment opportunity for businesses seeking to establish or expand their presence in Redmond, Oregon. Interested parties are encouraged to inquire for further details and leasing information.

• CAP approach

  CAP return

  Valuation

  6%

  $3,258,985

  6.5%

  $3,008,294

  7%

  $2,793,416

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,773,097

  Geo Method

  $5,749,955

• Alternative Use

  Use

  Valuation

  Residential

  $2,537,608

  Hospitality

  $2,324,436

  Educational

  $1,933,903

  Medical

  $2,000,413

  Retail

  $3,008,294

Location Insight

City

Redmond

County

Deschutes

State

Oregon

Latitude

44.2642

Longitude

-121.177

CBSA code

13460

CBSA name

BEND, OR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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