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274 SW Bluff Dr - Old Mill District Development Land 0.54 Acres of Commercial Land Offered at $1,553,000 in Bend, OR 97702
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
- Short-term rentals allowed
Executive Summary
Prime 0.54-acre development parcel located at 274 SW Bluff Drive in the heart of Bend’s Old Mill District. The property is zoned Mixed-Use Riverfront (MR), providing broad potential for retail, restaurant, mixed-use, multifamily, or hospitality development. Land use approvals are in place for a nine-unit townhome development, with conceptual renderings and a site plan included in the flyer. The site is graded, the retaining wall has been completed, and utility approvals are in place and ready for service. Positioned at the corner of SW Bond Street and SW Bluff Drive, the property offers mountain and river views, allows short-term rentals, is located in an Opportunity Zone, and may be acquired through an outright sale or potential joint venture.
Property Facts
| Price | $1,553,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Apartment Units |
| No. Lots | 1 | Total Lot Size | 0.54 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | MR - Mixed-Use Riverfront | ||
| Price | $1,553,000 |
| 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 | $1,553,000 | Lot Size | 0.54 AC |
| Price Per AC | $2,881,796.25 |
| Price | $1,553,000 |
| Price Per AC | $2,881,796.25 |
| Lot Size | 0.54 AC |
Prime 0.54-acre development parcel in the heart of Bend’s vibrant Old Mill District, zoned Mixed-Use Riverfront. The graded site features a completed retaining wall, utility approvals in place and land use approvals for a 9 unit townhome development.
Description
Prime mixed-use development opportunity in the heart of Bend’s Old Mill District, less than one mile from Downtown Bend. The property offers convenient access to shopping, dining, entertainment, the Deschutes River and nearby recreational amenities.
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Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 197453 | Improvements Assessment | $0 |
| Land Assessment | $487,550 | Total Assessment | $487,550 |
Property Taxes
Parcel Number
197453
Land Assessment
$487,550
Improvements Assessment
$0
Total Assessment
$487,550
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