1560 NE 1st Street, Bend, OR 97701
- $2,430,000
- Sold Price
- $2,430,000
- List Price
- $2,550,000
- Status
- CLOSED
- Days on Market
- 56
- Closing Date
- Sep 11, 2026
- MLS#
- 220225719
- Subtype
- Commercial Sale
- Year Built
- 1974
- Lot Size
- 39,639
- Acres
- 0.91
- Subdivision
- N/A
- Neighborhood
- N/A
Property Description
1560 NE 1st Street offers the opportunity to acquire a well-established, multi-tenant industrial investment in Bend's Midtown commercial district. Priced at just $144.56 per square foot, the property represents exceptional value for a fully leased industrial asset in Bend. The building includes 14 industrial suites totaling approximately 17,640 square feet, with eight 1,200-square-foot units and six 1,340-square-foot units. This small-bay configuration supports a diverse tenant mix and has historically maintained very low vacancy. The property is fully leased and currently generates $18,373 in gross monthly rental income. At a 6.56% capitalization rate, the asset provides immediate cash flow with additional value-add potential through professional property management, strategic renewals, and adjustments toward current market rents.
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Additional Information
- Taxes
- $12,497
- Zoning
- ME
- Flooring
- Concrete
- Heating
- Zoned
- Air Conditioning
- Zoned
- Stories
- One
- Levels
- One
- Roof
- Membrane
- Foundation
- Slab
- Parking Features
- Asphalt
Listing courtesy of Compass Commercial Real Estate. Selling Office: .
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The data relating to real estate for sale on this web site comes in part from the Internet Data Display (IDX) of the Southern Oregon Multiple Listing Service. Real estate listings held by brokerage firms other than our company are marked with the IDX logo and detailed information about them includes the name of the listing brokers. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information subject to change and should be independently verified. Last updated: