948 Veterans WayRedmond, OR 97756

For Sale
$2,750,000 View listing
  • Banks
  • 3,328 SF

Property Details for 948 Veterans Way

Year built
2000
Lot size
0.56 AC
Property size (Sq ft)
3,328 SF
Property type
Banks
APN
151316 DB 00904
APU
151316DB00904

Description

This 3,328 square foot Class B creative office building, built in 2000, presents a unique owner-user or investment opportunity in Redmond, Oregon. Located at 948 SW Veterans Way, 97756, this vacant property offers exceptional visibility and accessibility. The building boasts 18 parking spaces (a ratio of 5.4 per 1,000 square feet) and a convenient two-lane drive-thru, making it ideal for a variety of businesses. Its strategic location within a high-traffic retail and service area, adjacent to major retailers like Fred Meyer and Lowe's, ensures high visibility and foot traffic. The property is easily visible from Veterans Way, Indian Avenue, and Kalama Avenue, and is even visible from the Fred Meyer parking lot. Excellent access to major roadways including Highway 126 (via Highland and Glacier Avenues), Highway 97, and SW 6th Street further enhances its appeal. With an asking price of $2,750,000 and a price per square foot of $826.32, this property offers a compelling investment opportunity in a thriving Deschutes County market. The high volume of vehicular traffic on Veterans Way (approximately 5,000 vehicles per day from Highland Avenue) underscores the significant potential for business success. This is a rare chance to acquire a well-situated, adaptable space in a prime commercial area.

948 Veterans Way, Redmond, Oregon

Location Insight

City
Redmond
County
Deschutes
State
Oregon
Latitude
44.2677
Longitude
-121.179
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
$25,479
-
-
$1,283,800
-
$1,694,300
$1,074,780
$2,769,080

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