407 SE 3rd Street, Bend, OR 97702 | MLS #220218565 | Berkshire Hathaway HomeServices Northwest Real Estate

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Listing provided courtesy of Keller Williams Realty Central Oregon- MLS# 220218565MLS Provider

407 SE 3rd StreetBend, OR 97702

Commercial · 4,310 Sq. ft. | 0.19 Acres
$1,800,000 Pending

407 SE 3rd Street Overview

Time on Site:
84 days
Visits:
8

Outstanding investment and development opportunity! This 4,310 sq ft commercial building offers strong income potential and prime positioning for development. The property is anchored by a well-established laundromat on one side and Dr. Jolly's Dispensary on the other, creating steady traffic and diversified tenancy. Located in a high-visibility area, the site benefits from consistent exposure and accessibility. There is additional room for development, providing flexibility for expansion or repositioning to maximize returns. There are additional properties available in this portfolio. This unique property is ideal for investors seeking a mixed-use asset with immediate cash flow and long-term growth potential. Rare opportunity to acquire a versatile property with multiple revenue sources and future development options.

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407 SE 3rd Street Facts & Features

  • Type Commercial
  • Sq. ft. 4,310
  • Price/Sq.ft. $418
  • Lot 0.19 Acres

Details

General

Income/Expenses

  • Gross Income: 102000.0
  • Operating Expense: 20673.71

Building Information

  • New Construction: false
  • Year Built: 1950

Location/Region

  • County Or Parish: Deschutes
  • Subdivision Name: Bend Park

Rent/Lease Information

  • Tenant Pays: Electricity,Gas,Janitorial Service,Sewer,Water

Tax Information

  • Tax Annual Amount: 6190.31
  • Tax Year: 2025

General Information

  • Exclusions: Tenant's Belongings
  • Listing Terms: Cash,Conventional
  • Parcel Number: 106258
  • Property Type: Commercial Sale
  • Special Listing Conditions: Standard

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Source: Assessor
  • Building Area Total: 4310.0

General Information

  • Basement: None
  • Common Walls: No Common Walls
  • Flooring: Vinyl
  • Foundation Details: Stemwall
  • Interior Features: Laminate Counters
  • Levels: One
  • Security Features: Security System Owned,Smoke Detector(s)
  • Window Features: Vinyl Frames

Exterior

Parking Information

  • Parking Features: Asphalt,Parking Lot

Lot Information

  • Additional Parcels Description: 225 SE Vine is adjacent to the property also zoned commercial and seller would like to sell them together. 734 NE Greenwood is also available as part of this laundry portfolio.
  • Additional Parcels: true
  • Lot Features: Corner Lot,Level
  • Lot Size Acres: 0.19
  • Lot Size Area: 0.19
  • Lot Size Square Feet: 8276.4
  • Lot Size Units: Acres
  • Road Surface Type: Paved
  • Water Source: Public

Waterfront/View

  • View: City

Building Exterior/Construction

  • Attached Garage: false
  • Construction Materials: Frame
  • Roof: Membrane

General Information

  • Number Of Units Total: 2
  • Road Frontage Type: Private Access
  • Sewer: Public Sewer

407 SE 3rd Street Neighborhood

Community

97702 (Bend) Demographics

42
Median Age
613
Population Density (per sq. mile)
49%
College Educated
$69,140
Estimated Median Income
13,941
Estimated Total Home Owners
6,375
Estimated Total Renters
69% / 31%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

407 SE 3rd Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

407 SE 3rd Street Market Data

Based on the last 30 days in this zip code

$976,378
Average List Price
$445
Average Price per Square Foot
112
Properties Sold
97
Average Days on Market
533
Properties for Sale
Calculations provided by Reliance Network

407 SE 3rd Street History

Date Event Value Agent
6/25/2026Source: Oregon Datashare Status Change
Pending
4/7/2026Source: Oregon Datashare Added to Database
April 07, 2026