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560 NW Birch Ave
Redmond, OR 97756
Retail Property For Sale
Investment Highlights
- Downtown location
- High traffic area
Executive Summary
Rare opportunity to own a .33ac sales yard with 1,288sf office building in the downtown Redmond core business area. Situated on Birch St with access to 5th and 6th St. Close to downtown services, including restaurants, retail and professional offices. At this price and potential lease rate, it would provide a 7% cap rate. Current auto sales tenant is moving May1. Bring your own business or investor opportunity in one of the fastest growing communities in the Northwest.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
1,288 SF
Year Built
1984
Price
$799,000
Price Per SF
$620.34
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.33 AC
Zoning
C2
Amenities
- Air Conditioning
Property Taxes
| Parcel Number | 122952 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $308,780 |
Property Taxes
Parcel Number
122952
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$308,780
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