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777 NW Wall Street, Bend, OR 97703

$4,300,000
Property Type: Commercial Sale Square Footage: 19,352 Lot Size (sq. ft.): 27,007 Status: Closed
Current Price: $4,300,000 List Date: 8/26/2020 Last Modified: 2/10/2026

Description

This is an incredibly rare opportunity to own a piece of Downtown Bend history. The Post Office Plaza is located inside the Commercial Business District (CB zone) which allows for a multitude of office, retail, residential and other commercial uses. Most of the suites are leased on a short-term basis with under-market rents creating an opportunity for future upside potential with a new owner. Additionally, a 36-space on-site parking lot could be developed into further building square footage, as Downtown Bend parking regulations are such that the on-site spaces are no longer needed (contact brokers for full offering memorandum). The building was once home to the U.S. Post Office and has been transformed and upgraded over the decades since it was constructed in 1932. The three story building originally consisted of a 4,000 square foot foundation with one of the levels below grade. An addition was constructed in the 1980s. It currently has 19,352 square feet of gross building area (GBA).

Supplements: ********

More Information MLS# 220107823

Location, Tax, and Legal

Parcel Number: 171232CA08300 Lot Size Acres: 0.62 Lot Size Square Feet: 27007 Additional Parcels YN: No

Currently Not Used

List Price per SqFt: 227.37

General Property Information

Building Area Total: 19352 Building Area Source: Other Building Area Units: Square Feet # of Units Total: 17 New Construction YN: No Zoning: CB Tax Annual Amount: 29448.47 Tax Year: 2019 CC&R's YN: No FIRPTA YN: No Sign On Property YN: No Year Built: 1932

Remarks and Miscellaneous

Public Remarks: This is an incredibly rare opportunity to own a piece of Downtown Bend history. The Post Office Plaza is located inside the Commercial Business District (CB zone) which allows for a multitude of office, retail, residential and other commercial uses. Most of the suites are leased on a short-term basis with under-market rents creating an opportunity for future upside potential with a new owner. Additionally, a 36-space on-site parking lot could be developed into further building square footage, as Downtown Bend parking regulations are such that the on-site spaces are no longer needed (contact brokers for full offering memorandum). The building was once home to the U.S. Post Office and has been transformed and upgraded over the decades since it was constructed in 1932. The three story building originally consisted of a 4,000 square foot foundation with one of the levels below grade. An addition was constructed in the 1980s. It currently has 19,352 square feet of gross building area (GBA).

Status Change Information

Sold Price per SqFt: 222.2 Close Date: 2020-11-24 Under Contract Date: 2020-09-17 Status Change Timestamp: 2021-01-06 Close Price: 4300000

Common Walls

2+ Common Walls: 1

Cooling

Central Air: 1

Construction Materials

Block: 1

Flooring

Carpet: 1 Tile: 1

Listing Terms

Cash: 1

Foundation Details

Other: 1

Heating

Forced Air: 1

Levels

Three Or More: 1

Roof

Membrane: 1

Business Details

Business Included?: No

Parking Features

On Street: 1 Parking Lot: 1

Sewer

Public Sewer: 1

Utilities

Electricity Connected: 1

Water Source

Public: 1

Parking Details

Parking: Yes # of Parking Spaces: 38

Special Listing Conditions

Standard: 1

Location Tax and Legal

Street Number: 777 Street Dir Prefix: NW Street Name: Wall Street Suffix: Street County: Deschutes State: OR Postal Code: 97703

Contract Information

Original List Price: 4400000 Current Price: $4,300,000 Status: Closed Sold Price: $4,300,000 Listing Contract Date: 2020-07-28

Property Features

Common Walls: 2+ Common Walls Construction Materials: Block Cooling: Central Air Flooring: Carpet; Tile Foundation Details: Other Heating: Forced Air Levels: Three Or More Roof: Membrane Utilities: Electricity Connected Parking Features: On Street; Parking Lot Sewer: Public Sewer Water Source: Public Listing Terms: Cash Special Listing Conditions: Standard
Listing Office: Compass Commercial Real Estate
Last Updated: February - 10 - 2026
Information deemed reliable but not guaranteed.