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Versatile Tumalo Commercial Investment 64661 Bruce Ave 1,380 SF 100% Leased Retail Building Bend, OR 97703 $899,000 ($651.45/SF)
Investment Highlights
- Two buildings: Multiple paths to profit
- Purpose built salon
- Excellent highway visibility: traffic counts of 13,473
- Shop with fenced yard
Executive Summary
This versatile commercial property offers the opportunity to generate income, operate your own business, or both. The property includes two buildings: an established salon providing existing rental income and a separate shop building suited for a variety of commercial uses.
Investors can benefit from two potential income streams and relatively low operating costs, while owner-users can offset ownership expenses with rental income from the in-place tenant.
Located in the heart of the Tumalo Commercial District, the property enjoys steady business activity, convenient access to Bend, and excellent Highway 20 visibility. Just steps from Tumalo Bite, a popular taphouse and gathering place, the location draws a consistent mix of locals and visitors.
Whether you're seeking an investment property, a place to operate your business, or a combination of both, this property offers flexibility in one of Central Oregon's most established commercial corridors.
Investors can benefit from two potential income streams and relatively low operating costs, while owner-users can offset ownership expenses with rental income from the in-place tenant.
Located in the heart of the Tumalo Commercial District, the property enjoys steady business activity, convenient access to Bend, and excellent Highway 20 visibility. Just steps from Tumalo Bite, a popular taphouse and gathering place, the location draws a consistent mix of locals and visitors.
Whether you're seeking an investment property, a place to operate your business, or a combination of both, this property offers flexibility in one of Central Oregon's most established commercial corridors.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
1,380 SF
Building Class
C
Year Built/Renovated
1980/1982
Price
$899,000
Price Per SF
$651.45
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.08
Lot Size
0.41 AC
Zoning
TUC - Tumalo Urban Core
Frontage
72’ on Bruce Ave
Amenities
- Freeway Visibility
- Signage
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 133522 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $212,080 |
Property Taxes
Parcel Number
133522
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$212,080
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Versatile Tumalo Commercial Investment | 64661 Bruce Ave
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