62910 O.B. Riley RD, Bend, OR 97703
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62910 O.B. Riley RD, Bend, OR 97703
62910 O.B. Riley RD, Bend, OR 97703
62910 O.B. Riley RD, Bend, OR 97703
62910 O.B. Riley RD, Bend, OR 97703
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Ellie George

Ellie George

+1(541) 601-9582
$ 2,550,000
Est. payment /mo
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62910 O.B. Riley RD Bend, OR 97703

11,024 SqFt

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 11,024 sqft

Price per Sqft $231

Subdivision Norwood

MLS Listing ID 220227015

Year Built 1999

Annual Tax Amount $18,571

Lot Size 1.690 Acres

Acres 1.69

Lot Dimensions 1.69

Property Description

Your opportunity to own a diversified investment property. McKay Cottage Plaza consists of the real estate housing McKay Cottage Restaurant, two adjacent office buildings, and the adjacent vacant lot. Priced far below assessed value. Real Estate only is for sale. 6.75 CAP on APOD using current rents for income, historical numbers for expenses, plus projected increases in taxes and insurance. Financials and rent roll available upon completion of NDA. This property has been immaculately maintained, with new sealing and striping, recent upgrades to HVAC, long term lease with Restaurant and primarily two year leases with other tenants. Restaurant pays all its own utilities and a sub-water meter is in place. Sorry no showings until acceptable offer in hand.

Location

State OR

County Deschutes

Community Norwood

Rooms

Basement None

Interior

Interior Features Smart Thermostat

Heating Electric, Forced Air

Cooling Central Air

Window Features Vinyl Frames

Exterior

Parking Features Asphalt, Assigned

Roof Type Composition

Building

Lot Description Landscaped

Foundation Slab

Water Public

Level or Stories Two

Structure Type Frame

New Construction No

Others

Senior Community No

Tax ID 118261

Security Features Security System Owned

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

Oregon Datashare (MLSCO/SOMLS/KCAR)
Listed by RE/MAX Key Properties

NEARBY SCHOOL & BUSINESS

Ellie George
Ellie George

Principal Broker/Owner License ID: 200502069

+1(541) 601-9582 | ellie@elliegeorge.com

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