Bend Oregon Homes For Sale

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$2,550,000
New Listing

1560 NE 1st Street
Bend, OR 97701

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
17,640
SqFt
$145
/SqFt
1974
Built
County:
Deschutes

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(541)280-2363
1560 NE 1st Street1560 NE 1st Street1560 NE 1st Street1560 NE 1st Street
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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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Listing Snapshot
Price 
$2,550,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
17,640 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.91 Acres
Year Built 
1974
MLS® Number 
220225719
Status 
Active
Property Tax 
$12,497.37
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
22 hours agoListing first seen on site
23 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.91
Cross Street 
NE Penn Ave
Foundation 
Slab
Levels 
One
Parking 
Asphalt
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
17640
Water Source 
Public
Zoning 
ME
Interior Features
Cooling 
Zoned
Flooring 
Concrete
Heating 
Zoned
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Exterior Features
Roof 
Membrane
Community Features
Financing Terms Available 
CashConventional
Listing courtesy of Compass Commercial Real Estate



© 2026 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Compass Commercial Real Estate are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Data Services by Constellation Data Labs.

This content last updated on 2026-07-22 02:08 PM PDT. Some properties which appear for sale on this website may subsequently have sold or may no longer be available. Source: Oregon Datashare.

Neighborhood & Commute
Source: Walkscore
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