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502 NE Revere Ave - Commercial-Use Building off Third Street 2,304 SF Specialty Building Offered at $699,000 in Bend, OR 97701
INVESTMENT HIGHLIGHTS
- Long history of successful commercial occupancy
- Premium high-grade hardwood flooring for impact absorption and athlete performance
- Private office for administration or client meetings with separate exterior entrance
- 1,451 SF open studio space
- Two locker rooms with showers
- Functional layout for fitness, wellness or creative studio uses
EXECUTIVE SUMMARY
This flexible property offers a unique opportunity for a variety of community or owner-user uses, supported by a long history of successful commercial occupancy.
Past uses include a church, daycare, and a karate studio with a 1994 Certificate of Occupancy for A-3 Assembly (up to 85 occupants). Buyer to perform all due diligence with the City of Bend regarding continued commercial use and permitting.
Ideally situated on a well-traveled east–west feeder street with traffic counts nearing 7,000 vehicles per day, the property benefits from strong visibility and accessibility. It’s also just three blocks off Third Street/Business 97, one of Bend’s primary commercial corridors, which sees over 18,700 vehicles daily.
With its established history of civic and community-oriented uses, flexible layout, and strategic location near major traffic routes, this property presents an exceptional opportunity for continued institutional, educational, or specialty service use within a residential setting.
Past uses include a church, daycare, and a karate studio with a 1994 Certificate of Occupancy for A-3 Assembly (up to 85 occupants). Buyer to perform all due diligence with the City of Bend regarding continued commercial use and permitting.
Ideally situated on a well-traveled east–west feeder street with traffic counts nearing 7,000 vehicles per day, the property benefits from strong visibility and accessibility. It’s also just three blocks off Third Street/Business 97, one of Bend’s primary commercial corridors, which sees over 18,700 vehicles daily.
With its established history of civic and community-oriented uses, flexible layout, and strategic location near major traffic routes, this property presents an exceptional opportunity for continued institutional, educational, or specialty service use within a residential setting.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $699,000 | Building Size | 2,304 SF |
| Price Per SF | $303.39 | No. Stories | 1 |
| Sale Type | Owner User | Year Built | 1959 |
| Property Type | Specialty | Parking Ratio | 4.34/1,000 SF |
| Lot Size | 0.16 AC | Opportunity Zone |
Yes
|
| Zoning | RS | ||
| Price | $699,000 |
| Price Per SF | $303.39 |
| Sale Type | Owner User |
| Property Type | Specialty |
| Lot Size | 0.16 AC |
| Building Size | 2,304 SF |
| No. Stories | 1 |
| Year Built | 1959 |
| Parking Ratio | 4.34/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | RS |
1 1
Walk Score®
Very Walkable (88)
Bike Score®
Very Bikeable (82)
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502 NE Revere Ave - Commercial-Use Building off Third Street
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