$ 1,765,000
615 Evergreen AVE Redmond, OR 97756
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,765,000
Est. payment /mo
Active
615 Evergreen AVE Redmond, OR 97756
7,500 SqFt
UPDATED:
09/23/2024 06:32 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 7,500 sqft
Price per Sqft $235
Subdivision Townsite Of Redmond
MLS Listing ID 220190106
Year Built 1919
Annual Tax Amount $8,764
Lot Size 2,613 Sqft
Acres 0.06
Lot Dimensions 0.06
Property Description
The Landaker Building, an iconic structure in Downtown Redmond, Oregon, was built in 1919 and spans approximately 7,500 square feet across three stories. Located at the prominent intersection of Evergreen Avenue and Sixth Street, it offers a prime investment opportunity with a stable income. Originally a pool hall, it was renovated in 1932, adding two additional floors for office and apartment spaces. Fully leased, the building includes two ground-floor retail units, two commercial units on the third floor, and 10 apartment units on the second and third floors. Its historic charm, strategic location, and potential for future development, including short-term rentals, make it a unique asset.
Location
State OR
County Deschutes
Community Townsite Of Redmond
Interior
Heating Electric, Forced Air
Cooling None
Exterior
Garage On Street
Roof Type Membrane
Parking Type On Street
Building
Entry Level Three Or More
Foundation Slab
Water Public
Structure Type Brick
New Construction No
Others
Senior Community No
Tax ID 123427
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Listed by Land Leader Northwest LLC
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