246 Franklin StRedmond, OR 97756

  • Warehouses
  • 2,400 SF
For Sale
$799,900 View listing

Property Details for 246 Franklin St

Year built
2002
Lot size
0.44 AC
Property size (Sq ft)
2,400 SF
Property type
Warehouses
APN
151315 BB 02901
APU
151315BB02901

Description

This exceptional Redmond, Oregon commercial property offers two distinct industrial units totaling 4,800 square feet on a 0.44-acre lot. The property boasts a fully fenced perimeter with gated access from both Franklin and Cascade Streets, and features a convenient alleyway behind both buildings. Unit #1, comprising two 1200 square foot spaces, includes 12-foot roll-up doors, restrooms, and office areas. This unit has been previously utilized as a combination contracting business and recording studio, with no formal rental history. Unit #2 is a single 2,400 square foot warehouse space featuring a roll-up door, entry vestibule, office area, and a single restroom. This unit is currently leased month-to-month. The property also includes an easement driveway providing access to the fenced area, and a prominent "LEC" monument sign on Franklin Street. This versatile property is ideally suited for a variety of commercial uses, offering significant potential for both owner-occupancy and rental income. The location in Redmond's thriving industrial/multi-use live/work area provides excellent visibility and accessibility. The property's size and layout offer flexibility for a range of businesses seeking a well-maintained and strategically located space. The existing improvements provide a solid foundation for immediate occupancy or further development.

Location Insight

City
Redmond
County
Deschutes
State
Oregon
Latitude
44.2748
Longitude
-121.165
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
$4,187
-
-
$210,950
-
$74,130
$313,920
$388,050

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