Commercial for Sale: 621 EVERGREEN AVE, Redmond, OR 97756

7,500 sqft
$1,765,000
$1,765,000
621 EVERGREEN AVE, Redmond, OR 97756
7,500 sqft
$1,765,000
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Price:
$1,765,000

Type Commercial
Square Feet 7,500 sqft
Lot Size 0.06 acres
Year Built 1919
Taxes Paid $8,764

City Redmond
Area 320 - Deschutes County
County Deschutes

MLS 24654846
Status Active
DOM 67 days
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

Construction Brick
Heating Forced Air, Wall Heater
Parking Description Off Site
Sewer Public Sewer
Water Public 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.

Map of 621 EVERGREEN AVE, Redmond, OR

Location Map Street View
Photo of Don Nunamaker, Realtors
Direct: 541-386-4400
Office
2495 Cascade Ave.
Hood River, OR 97031
541-386-4400
Listed by Land Leader, Sam Terrell & Ashley Lacer
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0.49655807365439%
6.75%
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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.

RMLS

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.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Land Leader

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS. of Portland, Oregon. Real estate listings held by brokerage firms other than Don Nunamaker, Realtors are marked with the RMLS. logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 RMLS., Portland, Oregon.