721 SW 10th St 1,204 SF Retail Building Redmond, OR 97756 $650,000 ($539.87/SF)
INVESTMENT HIGHLIGHTS
- Desirable location near downtown Redmond
- Growing Market: Redmond’s population has surged over the last decade driving demand for local businesses
- Building features an open floor plan, full kitchen, and enclosed deck with multiple outdoor patio areas
- Well-maintained and meticulously cared for
- Historic construction with recent remodels and updated amenities
- Easy access to and from Highway 97 and Highway 126
EXECUTIVE SUMMARY
Nestled in Redmond’s thriving commercial corridor, 721 SW 10th Street offers a unique owner-user opportunity just minutes from downtown. This well-maintained 1,204-square-foot commercial building sits on a 0.11-acre lot and combines historic charm with modern updates. Built in 1920, the property has been thoughtfully remodeled and now features an open floor plan, a full kitchen, an enclosed deck, and multiple outdoor patio areas—ideal for a variety of business uses. Zoned C2 (Central Business District Commercial), the site includes four onsite parking spaces plus additional street parking. Its prime location ensures easy access to Highways 97 and 126, making it highly convenient for clients and customers alike. Offered at $650,000, this property presents a rare opportunity to establish or expand a business in one of Redmond’s most desirable and fast-growing areas.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Building Size
1,204 SF
Year Built
1920
Price
$650,000
Price Per SF
$539.87
Building Height
1 Story
Building FAR
0.25
Lot Size
0.11 AC
Opportunity Zone
Yes
Zoning
C2 - Central Business District Commercial
Walk Score®
Very Walkable (84)
Bike Score®
Very Bikeable (75)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 198018 | Improvements Assessment | $0 (2024) |
| Land Assessment | $0 (2024) | Total Assessment | $182,230 (2024) |
