Well located half acre on a main thoroughfare with some of the highest traffic counts in Redmond at the North end of the conjunction of 5th and 6th Streets making this an easy stop for consumers from the Central Oregon tri-counties. Regional credit tenant, Dutch Bros, occupies a 400 SF building and holds a ground lease which offers ideal passive income. The Choice Car Wash business, assets, FFE and real estate are included in the sale. Nearby retailers include Les Schwab Tire Center and Jiffy Lube creating built in clientele for both businesses. Strong demographics and retail statistics indicate long-term yield for any level of investor.
- Price:
- $1,795,000
- Acreage:
- 0.51
- Year Built:
- 2007
- Listing ID #:
- 220103943
- Street Address:
- 650 Nw Jackpine Ave
- City:
- Redmond
- State:
- Oregon
- Postal Code:
- 97756
- County:
- Deschutes
- Listing Status:
- Pending
- Construction Description:
- Block, Concrete, Frame
- Flooring:
- Concrete
- Foundation:
- Stemwall
- Stories:
- One
- Type Of Roof:
- Composition, Metal
- Unit 1 - Square Footage Available:
- 400.00
- Year Built:
- 2007
- Conforms To Zoning:
- C1
- Lot Square Footage:
- 22216.00
- Section:
- Nw
- Days On Market:
- 243
- Terms:
- Cash, Conventional
- Cross Street:
- 6th Street
- Street Direction Prefix:
- Nw
- Street Type:
- Avenue
- Property Taxes:
- $9,031
- Tax Year:
- 2019
- Parking Description:
- Asphalt
- Existing Water:
- Public
- Heating:
- Forced Air
- Sewage Type:
- Public Sewer
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By: Walt A Ramage of Nai Cascade