Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
None
Sq.Footage
N/A
100% leased to two esteemed tenants, Edward Jones and Western Title and Escrow, both on triple net leases. This building combines ease of management with consistent and reliable income. 5.23% Cap Rate. The modern architecture, along with its low-maintenance and well-maintained premises, offer a professional and inviting environment for tenants and visitors alike. Complemented by monument signage, the property maximizes exposure in the Downtown Area. 153 SW 5th Street is an impressive office building spanning 4,138 square feet on a 0.35-acre lot. Situated at the signalized intersection of 5th Street and Black Butte Boulevard, this property enjoys unparalleled visibility and accessibility. Its prime location within Redmond's thriving community, paired with the quality of its tenants and the stability of its leases, positions this investment as a coveted asset. Don't miss this chance to acquire a solid, income-generating property in a dynamic and growing locale.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air
-
Heating YN
YES
-
Heating
Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Frame
-
Parking
Parking Lot
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.35
-
Property Type
Commercial Sale
Price
-
Sales Price
$1,450,000
-
Tax Amount
14260.97
-
Zoning
C2
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Foundation Details
Slab
-
Sewer
Public Sewer
-
Tax Lot
4, 5, 6
-
Water Source
Public
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Location
County
Deschutes
Elementary School
Middle School
High School
Listing Courtesy of Grant W Schultz , Compass Commercial Real Estate
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Broker
Christy Symons Your - Central Oregon Realtor
Call Christy today to schedule a private showing.
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