FOR SALE: C-2 Zoned Commercial Building in Downtown Redmond
New For Sale Listing: C-2 Zoned Commercial Building(s) in Downtown Redmond! Owner/User Opportunity Retail/Office.
Standard sale-Owner/User Opportunity in downtown Redmond. This is not a sale of a restaurant business! This is a commercial C-2 zoned building perfect for retail or office with a separate small boutique office 216/sq.ft. on the property as well current leased as an office. Main building currently being used as restaurant and FF&E could be negotiated with Seller outside of escrow potentially if someone is interested in purchasing and operating as a restaurant again. Mixed-use opportunity for Retail or office in downtown Redmond. We are not selling restaurant business!
Two-story main building with 42 shared parking slots, signage in 4 separate locations including monument signage on 6th and 7th Streets, Building signage, signage towards the south of parking lot and in front of property. This is a wonderful Owner/User that meets the needs of Office and/or Retail or the Investor who is looking for Commercial building that could be leased. Lots of flexibility and versatility with this offering. Great visibility, The building was originally built in 1911 but went through extensive ground-up comprehensive remodel in 2003-2004 completed by City of Redmond councilwomen and then owner, Margie Dawson.
CC&R’s are in place, shared garbage and parking. C-2 Commercial Zoning (also referred to as Central Business District CBD ). C-2 Allows multiple commercial uses including: Bakery, Bar, Lounge, Nightclub, Café’, Restaurant, Office, Retail Sales, Pharmacy, Florist, Accountant, Law Firm, Financial Service Advisory, Title Company, Hardware, Pet Shop, Bank, Veterinarian, Dry Cleaner, Salon, Mental Health Facility, Medical Service Provider and Others.
City of Redmond shows this as “Landlord” historic property that affects what exterior modifications can be done. City suggest “Pre-App” with them if Buyer plans to modify exterior or please call Planning Department at (541) 923-7710 for more information. All city services, Business is not included in the sale. Large Lot 0.19/ACRE (8,276+/-sq.ft.) in a great location. Building/Occupancy will be available upon close of escrow or will be addressed in sales contract.
Please contact listing Broker for more details.
Price Per Sq Ft: 334.36
614 NW Cedar Avenue
Redmond, OR 97756
Property Type: Retail
Building Square Feet: 2,916 +/-
Building Class: B
Lease Rate: 0.00
CAP Rate: N/A
Occupancy: Seller occupied
Lot Size: 0.19 Acres Acres
Year Built: 1911
Zoning: C-2 (CBD)
Access: Easy access
Parking: 42 shared spaces with on-street as well