Active
450 NW Greenwood Avenue
Redmond OR, 97756
$1,970,000
$270.79 per sqft
Active
7,275 sqft
Commercial
Built in 2006
Courtesy of Windermere Central Oregon Real Estate Redmond, Pete Rencher
Beautiful two story class A medical building located in downtown Redmond. Currently leased to a National Physical Therapy Group that has occupied the building since 2017. Great opportunity for an income buyer. 7200 sq ft, two story class A Medical Building. Purpose built for a therapy practice includes therapy pool, several treatment rooms, ample parking lot and located in the downtown Redmond commercial core on busy 5th St. Prime Income Property with a 6% cap rate.
220164562
MLSⓇ ID
February 20, 2025
Updated
Interior Features
Total Stories
2
Floor Description
Carpet, Laminate, Tile
Fireplace
Yes
Cooling
Yes
Cooling Description
Central Air, Wall/Window Unit(s)
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
0.5 Acres
Roof
Asphalt
Sewer
Public Sewer
Security
Carbon Monoxide Detector(s), Fire Sprinkler System
School Information
School District
Square Feet
Other Property Details
Taxes
$14,456
Tax Frequency
Annually
Days on Market
407
Garage
No
Parking
Asphalt
Parking Total
24
View
No
County
Deschutes
Municipality
1
Water Source
Public
Pool
No
Zoning
C2
Listing History
Date | Event | Price |
|---|---|---|
8/1/2024 | Price change | $1,970,000 -9% |
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Data last updated 10:19 AM UTC, 2/20/2025