Active
314 SW 5th Street
Redmond OR, 97756
$950,000
$121.79 per sqft
Active
7,800 sqft
Commercial
Built in 1940
Courtesy of Jeff Larkin Realty, Jeffrey A Larkin
Ideal location and established tenant. Long term popular restaurant investment opportunity in downtown Redmond! With 10 years at this location, current tenant is finishing a second 5 year term (extension thru June 2024), third 5 year term recently renewed. Lease is triple net. Outdoor dining, on site parking, full service bar and lottery, banquet room.
220171614
MLSⓇ ID
September 12, 2023
Listed
April 3, 2024
Updated
Map
314 SW 5th Street
Redmond OR, 97756
Interior Features
Total Stories
2
Interior Features
Built-in Features, Ceiling Fan(s), Wired for Data, Wired for Sound, Exterior Entry, Partial
Floor Description
Carpet, Laminate, Tile
Fireplace
Yes
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Electric, Forced Air, Natural Gas
Exterior/Building Features
Lot Size
0.12 Acres
Exterior Features
Deck, No Common Walls, Frame
Lot Features
Corner Lot, Landscaped
Roof
Built-Up, Composition
Sewer
Public Sewer
School Information
School District
Square Feet
Other Property Details
Taxes
$9,291
Tax Frequency
Annually
Days on Market
132
Garage
No
Parking
Alley Access, Asphalt, Other, Parking Lot
Parking Total
12
View
Yes
View Description
City
County
Deschutes
Municipality
1
Water Source
Public
Pool
No
Zoning
C-2
Green Building Features
Green Features
Public Utilities
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Data last updated 2:21 PM UTC, 4/3/2024