1011 SW Emkay Drive, Bend, OR 97702
$4,459,000
Property Type:
Commercial Sale
Square Footage:
19,358
Lot Size (sq. ft.):
54,014
Status:
Closed
Current Price:
$4,459,000
List Date:
4/02/2024
Last Modified:
2/10/2026
Description
Unique chance to acquire a fully leased, prime building in Bend's west side, near OSU-Cascades campus. 94% occupancy with 11 tenants, varying suite sizes. Excellent visibility on Colorado Ave, ample parking, and strong demographics. Bend, a rapidly growing city, boasts top rankings for business and lifestyle. Building offers solid construction, recent upgrades, and potential for increased value by aligning rents with market rates.
Supplements: ********
More Information MLS# 220179663
Location, Tax, and Legal
Parcel Number: 170570
Tax Block: 2
Lot Size Acres: 1.24
Lot Size Square Feet: 54014
Additional Parcels YN: No
Currently Not Used
List Price per SqFt: 253.13
General Property Information
Building Area Total: 19358
Building Area Source: Assessor
Building Area Units: Square Feet
# of Units Total: 12
New Construction YN: No
Zoning: MU - Mixed Use
Tax Annual Amount: 45179.33
Tax Year: 2023
CC&R's YN: No
FIRPTA YN: No
Sign On Property YN: Yes
Year Built: 1996
Remarks and Miscellaneous
Public Remarks: Unique chance to acquire a fully leased, prime building in Bend's west side, near OSU-Cascades campus. 94% occupancy with 11 tenants, varying suite sizes. Excellent visibility on Colorado Ave, ample parking, and strong demographics. Bend, a rapidly growing city, boasts top rankings for business and lifestyle. Building offers solid construction, recent upgrades, and potential for increased value by aligning rents with market rates.
Status Change Information
Sold Price per SqFt: 230.34
Close Date: 2024-09-04
Under Contract Date: 2024-06-05
Status Change Timestamp: 2024-09-05
Close Price: 4459000
Common Walls
2+ Common Walls: 1
Cooling
Central Air: 1
Construction Materials
Unknown: 1
Flooring
Carpet: 1
Listing Terms
Cash: 1
Conventional: 1
Foundation Details
Concrete Perimeter: 1
Heating
Forced Air: 1
Levels
Two: 1
Roof
Asphalt: 1
Business Details
Business Included?: No
Parking Features
Asphalt: 1
Parking Lot: 1
Sewer
Public Sewer: 1
Utilities
Electricity Connected: 1
Water Source
Public: 1
Parking Details
Parking: Yes
# of Parking Spaces: 68
Special Listing Conditions
Standard: 1
Location Tax and Legal
Street Number: 1011
Street Dir Prefix: SW
Street Name: Emkay
Street Suffix: Drive
County: Deschutes
State: OR
Postal Code: 97702
Subdivision Name: Colorado Point
Contract Information
Original List Price: 5800000
Current Price: $4,459,000
Status: Closed
Sold Price: $4,459,000
Listing Contract Date: 2024-03-28
Property Features
Common Walls: 2+ Common Walls
Construction Materials: Unknown
Cooling: Central Air
Flooring: Carpet
Foundation Details: Concrete Perimeter
Heating: Forced Air
Levels: Two
Roof: Asphalt
Utilities: Electricity Connected
Parking Features: Asphalt; Parking Lot
Sewer: Public Sewer
Water Source: Public
Listing Terms: Cash; Conventional
Special Listing Conditions: Standard
Documents
Offering Memorandum ›
Listing Office:
Compass Commercial Real Estate
Last Updated: February - 10 - 2026
Information deemed reliable but not guaranteed.