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West Side Office Building 123 SW Columbia St 15,082 SF Vacant Office Building Bend, OR 97702 $5,950,000 ($394.51/SF)

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INVESTMENT HIGHLIGHTS

  • Excellent Location - Premier west side address adjacent to Safeway Shopping Center
  • Broad Zoning - MU zoning allows medical, office, retail, or service uses
  • Close to Amenities - Close to restaurants, shopping, banks, Safeway, and public transport
  • Flexible Floor Plans - Designed for either single-tenant or multi-tenant configurations
  • Underground Parking - 4,981 SF of secure dedicated garage parking plus ample surface spaces
  • Quality Construction - High-end finishes, newer building (2007), and construction well below replacement cost

EXECUTIVE SUMMARY

123 SW Columbia Street presents a rare opportunity to acquire a high-quality, 19,981 SF office property in one of Bend’s most sought-after locations. Ideally suited for investors or owner-users, the two-story building features flexible layouts, secure parking, premium construction, and MU (Mixed-Urban) zoning allowing for medical office, general office, retail, or service-oriented businesses.
Located next to the Safeway Shopping Center, the property provides immediate access to restaurants, shopping, banking, and grocery. Its central west side position ensures strong visibility, high traffic counts, and close proximity to Downtown Bend and the Old Mill District.
Built in 2007, the building offers high-quality construction at costs well below current replacement value. Features include flexible floor plans, elevator access, secure underground garage parking, abundant natural light, open work areas, and private offices.
Situated on a 0.71-acre lot with ample surface parking, the property supports single or multi-tenant use and creative mixed-use visions. 123 SW Columbia Street combines flexibility, quality, and location in Bend’s thriving commercial market.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Building Size
15,082 SF
Building Class
B
Year Built
2007
Price
$5,950,000
Price Per SF
$394.51
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
7,541 SF
Building FAR
0.49
Lot Size
0.71 AC
Zoning
MU - Mixed Urban
Parking
16 Spaces (1.06 Spaces per 1,000 SF Leased)

AMENITIES

  • 24 Hour Access

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 7,541 SF
  • Office
  • Full Build-Out
  • Now

The first floor consists of five offices, two conference rooms, kitchenette, reception, print/supplies room, storage, and two open work areas. Both floors can be leased together or separately. NNNs are budgeted for the full building.

  • 2nd Floor
  • 7,541 SF
  • Office
  • Full Build-Out
  • Now

The second floor consists of six offices, conference room, breakroom/kitchen, storage, and two open work areas. Both floors can be leased together or separately. NNNs are budgeted for the full building.

Space Size Space Use Condition Available
1st Floor 7,541 SF Office Full Build-Out Now
2nd Floor 7,541 SF Office Full Build-Out Now

1st Floor

Size
7,541 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Floor

Size
7,541 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Floor

Size 7,541 SF
Space Use Office
Condition Full Build-Out
Available Now

The first floor consists of five offices, two conference rooms, kitchenette, reception, print/supplies room, storage, and two open work areas. Both floors can be leased together or separately. NNNs are budgeted for the full building.

2nd Floor

Size 7,541 SF
Space Use Office
Condition Full Build-Out
Available Now

The second floor consists of six offices, conference room, breakroom/kitchen, storage, and two open work areas. Both floors can be leased together or separately. NNNs are budgeted for the full building.

Walk Score®
Very Walkable (76)
Bike Score®
Very Bikeable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
165093
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,905,980
  • Listing ID: 35691508

  • Date on Market: 4/30/2025

  • Last Updated:

  • Address: 123 SW Columbia St, Bend, OR 97702

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