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621 SW Evergreen Ave, Redmond, OR 97756

$1,425,000

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Property Description

The Landaker Building, an iconic structure in Downtown Redmond, Oregon, was built in 1919 and spans approximately 7,500 square feet across three stories. Located at the prominent intersection of Evergreen Avenue and Sixth Street, it offers a prime investment opportunity with a stable income. Originally a pool hall, it was renovated in 1932, adding two additional floors for office and apartment spaces. Fully leased, the building includes two ground-floor retail units, two commercial units on the third floor, and 10 apartment units on the second and third floors. Its historic charm, strategic location, and potential for future development, including short-term rentals, make it a unique asset.

621 SW Evergreen Ave | MLS# 771078046

This commercial property located at 621 SW Evergreen Ave, Redmond, OR 97756 is currently listed for sale with an asking price of $1,425,000. Search Redmond real estate on www.bendpremierrealestate.com today.

Property Features

Property Type: Commercial - Business
Cooling: Central Air
Fuel Type: Gas
Heating: WallHeater
Lot Size: 0.06 Acres
Roof Type: Membrane
Taxes: $9,552
Year Built: 1919
Square Feet: 7,500

Feature Descriptions

Days on Site: 164
Gross Income: $137508.00 (Actual)
Loading Information: NoLoadingFacilities
Miscellaneous Features: PassengerElevator
Operating Expenses: $55635.00 (Actual)
Parking Notes: OnStreet
Present Use: FoodService, Office, Salon
Road Surface: Paved
Sewer: Public Sewer
Special View Info: City
Water: Public Water

Listed By / Shown By

Listed By

Agency Name: John L. Scott Medford
Agency Phone: 541-779-3611

Shown By

Agency Title: Bend Premier Real Estate
Agency Phone: 541-323-2779

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