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OSU Cascades Graduate-Mill Point 7000 650 SW Columbia St 27,998 SF Office Building Bend, OR 97702 $8,225,000 ($293.77/SF)



Investment Highlights
- Outstanding visibility along Colorado Avenue & Columbia Street, Two Monument Signs
- Dedicated Tuck Under Parking (41 Stalls)
- Located in the Mill Point Business Campus
- Three Phase/208v/2000 amps of electrical service
- Steel Engineered Facility supporting high loads on both floors
Executive Summary
A wonderful opportunity to own a 27,998 SF Class A Office/Research/Manufacturing/Production Facility.
- Located just above the Old Mill District above the Deschutes River in - Zoned MR (Mixed-use riverfront) allowing for Clinical Medical, Bio-Tech/Pharma, General office, Retail, Housing, and Mixed-Use Commercial Center.
- Constructed in 1997, situated on 1.28/AC (55,757/SF)
- 41 Dedicated Tuck-Under Parking Stalls with an additional 90+ shared parking Stalls
- Two (2) points of ingress/egress.
- Two (2) Monument Signs one on Colorado Avenue and the other on Columbia Street.
- The property provides close-by access to the Old Mill District, Mt Bachelor, Cascades Lakes, Phils Trail System, Deschutes River, restaurants, financing/banking, medical.
- Constructed with an adaptable floor plan that can be reconfigured, currently configured with open work areas, classrooms, private offices, foyer entry...
- Multiple restrooms on each level, Shower, multiple access points to water and sewer for sinks and breakrooms.
- The Property includes Three-Phase 208v /2000 amps of Electrical Service.
- Fiber Optic Connection....
- This Facility was the original point of demarcation for AT&T Wireless and Edge Wireless Networks in Central, Oregon.
WESTSIDE SHEVLIN HIXON OLD MILL CLASS A
650 SW Columbia Street provides an Owner/User opportunity to acquire a 27,998 SF Class A professional office building located just above the Old Mill District on the bluffs above the Deschutes River in Bend, Oregon.
Zoned MR (Mixed-Use Riverfront), allowing for Clinical Medical, General Office, Retail, Mixed-Use, Bio-Tech, Pharma or service-oriented business. Built in 1997, situated on 1.28/AC (55,757/SF Mixed-Use River (MR property).
Mill Point Business Campus has beautiful views of surrounding mountains and rivers in a park-like setting containing six professional office buildings and is divided by SW Columbia Street, with four buildings on the west side and two buildings on the east side.
- Located just above the Old Mill District above the Deschutes River in - Zoned MR (Mixed-use riverfront) allowing for Clinical Medical, Bio-Tech/Pharma, General office, Retail, Housing, and Mixed-Use Commercial Center.
- Constructed in 1997, situated on 1.28/AC (55,757/SF)
- 41 Dedicated Tuck-Under Parking Stalls with an additional 90+ shared parking Stalls
- Two (2) points of ingress/egress.
- Two (2) Monument Signs one on Colorado Avenue and the other on Columbia Street.
- The property provides close-by access to the Old Mill District, Mt Bachelor, Cascades Lakes, Phils Trail System, Deschutes River, restaurants, financing/banking, medical.
- Constructed with an adaptable floor plan that can be reconfigured, currently configured with open work areas, classrooms, private offices, foyer entry...
- Multiple restrooms on each level, Shower, multiple access points to water and sewer for sinks and breakrooms.
- The Property includes Three-Phase 208v /2000 amps of Electrical Service.
- Fiber Optic Connection....
- This Facility was the original point of demarcation for AT&T Wireless and Edge Wireless Networks in Central, Oregon.
WESTSIDE SHEVLIN HIXON OLD MILL CLASS A
650 SW Columbia Street provides an Owner/User opportunity to acquire a 27,998 SF Class A professional office building located just above the Old Mill District on the bluffs above the Deschutes River in Bend, Oregon.
Zoned MR (Mixed-Use Riverfront), allowing for Clinical Medical, General Office, Retail, Mixed-Use, Bio-Tech, Pharma or service-oriented business. Built in 1997, situated on 1.28/AC (55,757/SF Mixed-Use River (MR property).
Mill Point Business Campus has beautiful views of surrounding mountains and rivers in a park-like setting containing six professional office buildings and is divided by SW Columbia Street, with four buildings on the west side and two buildings on the east side.
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
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-
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| Operating Expenses |
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| Total Expenses |
$99,999
|
$9.99
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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
Sale Type
Owner User
Property Type
Office
Property Subtype
Building Size
27,998 SF
Building Class
A
Year Built
1997
Price
$8,225,000
Price Per SF
$293.77
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
14,000 SF
Building FAR
0.50
Lot Size
1.28 AC
Zoning
MR- Mixed Use Riverfront - MR (Mixed-use riverfront), allows for office, clinical medical, Bio-Tech/Pharma, Manufacturing, training, housing, retail.
Parking
182 Spaces (6.5 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Atrium
- Bio-Tech/ Lab Space
- Conferencing Facility
- Day Care
- Food Service
- Security System
- Signage
- Monument Signage
- Outdoor Seating
- Air Conditioning
- Fiber Optic Internet
Bike Score®
Very Bikeable (70)
Property Taxes
| Parcel Number | 208773 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $71,830 |
Property Taxes
Parcel Number
208773
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$71,830
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OSU Cascades Graduate-Mill Point 7000 | 650 SW Columbia St
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