The Landaker Building - historic icon in the heart of Downtown Redmond, Oregon. Built in 1919, this approximately 7,500-square-foot, three-story mixed-use investment building is located at the prominent intersection of Evergreen Avenue and Sixth Street. The building's historical significance and strategic location in Redmond's Central Business District (CBD) make it a standout investment opportunity for those seeking both a prime location and stable income.Originally constructed as a one-story pool hall, the Landaker Building underwent significant renovations in 1932, adding two additional floors for office and apartment space. Over the years, the iconic building has housed notable businesses, including the Pastime Tavern, and played a vital role in Redmond's community life. The building remains a structure of historical significance, capturing the charm and heritage of Redmond's early 20th-century architecture. The Landaker Building is fully leased, comprising two retail units on the ground floor, two commercial units on the third floor, and 10 apartment units on the second and third floors, all serviced by an elevator. The retail tenants, including Morning Story and Salon Bliss, benefit from the high foot traffic in this bustling downtown area. The apartment units, primarily studios, ensure flexibility for future rent increases or conversion opportunities.Currently, The Landaker Building is designated as of "historical interest." These properties are not required to comply with the requirements of the Preservation of Historic Resources section of the Redmond Development Code except in the event of demolition or of a major alteration. Short Term Rentals (STRs) are permitted on C2 zoned properties, including within the Downtown Overlay District (DOD), granted applicable standards and requirements are complied with.
Lot & Building Features
ConstructionBrick
HeatingForced Air, Wall Heater
Parking DescriptionOff Site
SewerPublic Sewer
WaterPublic Water
Price History of 621 EVERGREEN AVE, Redmond, OR
Date
Name
Price
Difference
09/19/2024
Listing Price
$1,765,000
N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
621 EVERGREEN AVE (MLS #24654846) is a commercial listing located in Redmond, OR.
This commercial listing is 7,500 sqft and on a lot of 2,613 sqft (or 0.06 acres) and is 105 years old. This property was listed on 09/19/2024 and has been priced for sale at $1,765,000.
Nearby zip codes are 97760. This property neighbors other cities such as Terrebonne.
Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.
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