Address
734 Ne Greenwood Avenue, Bend, OR
Price
$ 650,000
Property Attributes
- MLS#220218564
- TypeCommercial
- Listing Status Active
- CountyDeschutes
- CityBend
- AreaNE
- Zip97701
- Style
- Year Built1956
- Taxes$ 4687
- Price$ 650,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage1201
- Lot Size0.18 Acres
Data Source:
MLS of Central Oregon (MLSCO)
Property Description
Prime investment opportunity on a high-visibility main street location! This well-established laundromat property has served the community for decades, offering strong recognition and consistent traffic. Situated within the Opportunity Zone, this property presents exceptional potential for redevelopment, expansion, or long-term hold with potential tax advantages. The building and equipment have been recently upgraded, providing a turnkey foundation for continued operation or repositioning. Ample frontage and accessibility enhance its appeal for both customers and future development concepts. This offering is part of a portfolio sale, with additional properties available, creating a unique opportunity for investors seeking scale and diversification. The laundromat business is available for purchase separately at $300,000, allowing for multiple investment strategies. Rare chance to own a legacy location with modern improvements and future growth potential.
| Price History | |
|---|---|
| 4/7/2026 | Listed $650,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Ductless |
| Cooling | Ductless |
| Roof | Membrane |
| Construction Materials | Concrete |
| Year Built | 1956 |
| Tenant Pays | Electricity,Gas,Interior Maintenance,Janitorial Service,Sewer,Water |
| Levels | One |
| Tax Year | 2025 |
| Gross Income | 41278 |
| OwnerPays | Exterior Maintenance,Insurance,Repairs,Taxes |
| Additional Parcels Description | 407 SE 3rd Street, Bend, OR 97702 and 225 SE Vine Street, Bend, OR 97702 |
| County | Deschutes |
| Operating Expense | 11278.02 |
| New Construction | false |
| Property Type | Commercial Sale |
| Attached Garage | false |
| Status | Active |
| City | Bend |
| Zoning Description | Commercial |
| Number Of Units Total | 1 |
| Lot Size Units | Acres |
| Lot Size Square Feet | 7840.8 |
| Tax Annual Amount | 4687.02 |
| Additional Parcels Y/N | true |
| Structure Type | Retail |
| Standard Status | Active |
| Tax Lot | Pt 10,11 |
| Cap Rate | 6.3 |
| Sewer_co_Public_sp_Sewer | true |
| Utilities_co_Cable_sp_Available | true |
Interior Features
| Interior Amenities | Laminate Counters |
|---|---|
| Flooring | Concrete |
| Common Walls | No Common Walls |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Heating-Ductless | true |
Exterior Features
| Parking Features | Asphalt,Parking Lot |
|---|---|
| Lot Features | Level |
| Water Source | Public |
| Lot Size Area | 0.18 |
| Foundation Details | Concrete Perimeter |
| Building Area Total | 1201 |
| Lot Size Acres | 0.18 |
| Road Surface Type | Paved |
| Road Frontage Type | Private Access |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 97701
Price
Taxes
Year Built
The content relating to real estate for sale on this website comes in part from the MLS of Central Oregon. Real estate listings held by Brokerages other than Mariposa Real Estate are marked with the Reciprocity/IDX logo, and detailed information about these properties includes the name of the listing Brokerage. © MLS of Central Oregon (MLSCO).
This content last updated on September 23, 2026 7:20 AM UTC Some properties which appear for sale on this website may subsequently have sold or may
