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2184 Broadway Ave 3,616 SF 100% Leased Office Building North Bend, OR 97459 $595,000 ($164.55/SF)
INVESTMENT HIGHLIGHTS
- High traffic counts
- Room for rent increases
- Flexibility, with month-to-month tenants
EXECUTIVE SUMMARY
Investors, take note! This high-visibility commercial opportunity sits directly on North Bend’s busy Broadway Avenue, surrounded by new developments and growing commercial activity just blocks away. With all tenants currently on month-to-month leases, this property offers rare flexibility for an owner-occupant or the ability to immediately reposition for higher income. The property currently brings in $4,200/month and consists of two separate buildings: a large single-level brick structure divided into two tenant spaces, plus a stand-alone upper building presently utilized as a medical office with lobby and multiple private rooms. Strong visibility, off-street parking, and easy ingress/egress add to the long-term value. Zoning allows for a variety of potential uses—check with the City of North Bend to explore development or redevelopment possibilities. A prime location with exceptional traffic counts and versatile structures makes this a smart investment in a fast-growing area.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment
Property Type
Building Size
3,616 SF
Building Class
C
Year Built
1973
Price
$595,000
Price Per SF
$164.55
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
3,616 SF
Building FAR
0.20
Lot Size
0.42 AC
Zoning
C - Commercial
Parking
20 Spaces (5.53 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
- Kitchen
- Accent Lighting
- Storage Space
- Partitioned Offices
- Reception
1 1
PROPERTY TAXES
| Parcel Number | 1005935600 | Total Assessment | $339,670 (2025) |
| Land Assessment | $0 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $0 (2025) | Tax Year | 2024 Payable 2025 |
PROPERTY TAXES
Parcel Number
1005935600
Land Assessment
$0 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$339,670 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024 Payable 2025
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2184 Broadway Ave
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