$1,750,000
$1,750,000
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552 Sixth ST Redmond, OR 97756
6,259 SqFt
Key Details
Sold Price $1,750,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 6,259 sqft
Price per Sqft $279
MLS Listing ID 220185955
Sold Date 10/24/24
Year Built 1925
Annual Tax Amount $11,230
Lot Size 0.290 Acres
Acres 0.29
Lot Dimensions 0.29
Property Description
For decades, Bank of America has occupied this high traffic and popular corner in downtown Redmond. They are closing this branch and the property owners have decided to sell this ''Main and Main'' property.
There are two spaces in the building: the main space that the bank has long occupied and the other that is approximately 1,500 square feet. These spaces each have their own entrances. And, there is a covered drive-thru, which is not included in the building square feet. Consider these benefits:
6,259+ /- total square feet that can easily be demised, plus covered drive thru;
Multiple use options: office, entertainment, restaurant, retail, service, and more;
High ceilings and almost completely free-span design for easy remodeling;
Centrally located in the heart of Redmond with easy access from all directions;
New HVAC units and new roof to be installed prior to closing;
Well-maintained, with primarily a single-use owner for the past 30+ years;
Off-street parking
Location
State OR
County Deschutes
Direction Fifth or Sixth Street to Forest.
Rooms
Basement None
Interior
Heating Forced Air
Cooling Central Air, Zoned
Exterior
Garage Alley Access, Asphalt, Attached, On Street
Roof Type Membrane,Rolled/Hot Mop
Building
Lot Description Corner Lot
Entry Level One
Foundation Slab
Water Public
Structure Type Block,Concrete,Frame
New Construction No
Others
Senior Community No
Tax ID 123524
Acceptable Financing Cash, Contract
Listing Terms Cash, Contract
Special Listing Condition Standard
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