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62070 NE 27th Street - Bend, Oregon 97701
Price: $2,950,000
SF: 12,039 +- SF
Zoning: Limited Commercial
Land Acres: .92
No. of Stories: 2
Tax ID: 171235 CC 00600
Executive Summary
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Located just off one of the most dynamic intersections in Central Oregon, US Highway 20 and 27th Street. The NW corner of this intersection is the Forum shopping center anchored by Costco and a Safeway Superstore.
The subject property is on the southeast corner of the intersection and is bordered by a Regal Cinemas 6-plex, a bank, and a restaurant. It features outstanding visibility from 27th Street and secondary visibility from US Highway 20. The neighborhood has seen explosive residential growth in the last several years.
This attractive building was custom built for a Home and Garden Retail store with beautiful craftsmanship and design throughout using an ICF System construction technique. It is truly a work of art and is admired by all who visit.
The first floor has a 6,049 SF vacant space ready for a tenant or owner/user (see leasing summary) and has 1,200 SF leased to a national window retailer. The second floor has a completely built out high end restaurant currently operating as 541 Lounge and Restaurant. Property could be delivered free of tenants.
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