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274 SW Bluff Dr - Old Mill District Development Land 0.54 Acres of Commercial Land Offered at $1,643,000 in Bend, OR 97702

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INVESTMENT HIGHLIGHTS

  • Rare mixed-use development parcel in the heart of the vibrant Old Mill District
  • Land use approvals in place for a nine-unit townhome development (see conceptual renderings)
  • Prominent corner location with mountain and river views
  • Ideal for retail, restaurant, mixed-use, multifamily, or hospitality projects
  • Site is graded and retaining wall has been completed
  • Near popular shopping and dining options at the Old Mill District and the Box Factory

EXECUTIVE SUMMARY

Exceptional mixed-use development opportunity in the heart of Bend’s vibrant Old Mill District. This 0.54-acre parcel is zoned Mixed-Use Riverfront (MR), allowing for retail, restaurant, multifamily, hospitality, or office uses. Land use approvals are already in place for a nine-unit townhome project (conceptual renderings available), streamlining development timelines. The site is graded and retaining walls have been completed, with utilities ready for service, offering a true shovel-ready opportunity. The property’s corner location provides mountain and river views, with high visibility and excellent access from SW Bond Street and SW Bluff Drive. Located in an Opportunity Zone, the property is suitable for outright sale or joint venture.

PROPERTY FACTS

Price $1,643,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Apartment Units
Total Lot Size 0.54 AC
Opportunity Zone Yes
Zoning MR - Mixed-Use Riverfront

1 LOT AVAILABLE

Lot

Price $1,643,000
Price Per AC $3,048,803.12
Lot Size 0.54 AC

DESCRIPTION

Positioned within Bend’s premier mixed-use corridor, this 0.54-acre development parcel offers an unmatched combination of location, flexibility, and readiness. Surrounded by established destinations like the Old Mill District, Box Factory, and Jackstraw and Timber Yards developments, the property benefits from constant activity, strong demographics, and proximity to downtown Bend. The Mixed-Use Riverfront zoning supports a variety of development paths, from residential townhomes to mixed-use commercial or hospitality projects. With utilities in place, approvals secured, and retaining work completed, this site presents a rare opportunity for developers seeking a high-impact project in one of Bend’s most walkable and desirable districts.

Walk Score®
Very Walkable (78)
Bike Score®
Very Bikeable (80)
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
197453
Land Assessment
$487,550
Improvements Assessment
$0
Total Assessment
$487,550
  • Listing ID: 38227228

  • Date on Market: 10/27/2025

  • Last Updated:

  • Address: 274 SW Bluff Dr, Bend, OR 97702

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