450 NW Greenwood Avenue Redmond, OR ^$ 2,150,000

450 NW Greenwood Avenue

^$ 2,150,000

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450 NW Greenwood Avenue

Redmond, OR, 97756

^$ 2,150,000

Studio Baths0.0 Sq 7,275

Monthly Estimate*

^$ 15,018

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Studio

Commercial Property for sale in Redmond, OR

for $2,150,000. This 7,275 square foot building was built in 2006 on a lot size of 0.5.

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.

Commercial Active

Price

^$ 2,150,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 14,456

Style

Medical

Lot Size

0.5

Year Built

2006

Town/City

Redmond

County/Region

Deschutes

MLS | Web ID

220164562

Features

General

Sewer Public Sewer

Heating Forced Air

Cooling Central Air Wall/Window Unit(s)

Roof Asphalt

Zoning C2

Additional Features ADA Comply Kitchen Laundry Facility

Levels Two

Property Type F

Subdivision Name Fair Acres

Section NW

Construction Materials Frame

New Construction Y/N No

Interior

Flooring Carpet Laminate Tile

Common Walls No Common Walls

Exterior

Water Source Public

Parking Features Asphalt

Foundation Block

* Excluded Features

List By

Pete Rencher

Listing Agent

Windermere Central Oregon Real Estate Redmond

Broker

pete@windermere.com

Affordability Calculator

$16,223

Per Month

Monthly Principal & Interest: $15,018
Monthly Property Taxes: $1,205
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Redmond, OR

Average List Price ^$1,397,786

Percent of Sale Price 35%

About Redmond, OR

31,362 Population

91% Since 2002

^$46,144 Median Income

37.13 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

331058 Elementary School

330912 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/20/2023	$2,150,000	-13.13%	Price Down
5/23/2023	$2,475,000		Listed Price

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450 NW Greenwood Avenue, Redmond, OR, 97756 is a Commercial Property for sale at $2,150,000 with 7,275 sqft and a lot size of 0.5. 450 NW Greenwood Avenue is a studio with 0.0 baths and was built in 2006. The property's zip code is 97756 which is in Redmond, OR

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

© 2020 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Weichert Realtors are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Weichert Realtors.

Data is updated as of 5/3/2024.

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450 NW Greenwood Avenue

Commercial Property for sale in Redmond, OR

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