$525,000
$599,000
12.4%For more information regarding the value of a property, please contact us for a free consultation.
323 6th ST Redmond, OR 97756
1,556 SqFt
Key Details
Sold Price $525,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 1,556 sqft
Price per Sqft $337
Subdivision Ellingers
MLS Listing ID 220137103
Sold Date 05/09/22
Year Built 1997
Annual Tax Amount $2,438
Lot Size 8,276 Sqft
Acres 0.19
Lot Dimensions 0.19
Property Description
This is a great opportunity to invest in booming Redmond! This property has both a home and a restaurant with great visibility on 6th St, the main South bound route thru the downtown core business district. Some recent upgrades include: new flooring in the home, new furnace & grill in the restaurant, updated plumbing, & newer roofs on both buildings. There are 2 outbuildings for plenty of storage and ample parking for tenants & guests. In the restaurant you'll find a large walk in refrigerator and a fully functioning kitchen along w/ tables & chairs. Owner will carry! Call Listing Agent for terms. Projected 5% cap rate. Don't miss out on this property!
Location
State OR
County Deschutes
Community Ellingers
Interior
Heating Natural Gas
Cooling Wall/Window Unit(s)
Exterior
Parking Features Gravel, On Street
Roof Type Composition,Metal
Building
Lot Description Fenced
Foundation Stemwall
Water Public
Level or Stories One
Structure Type Frame
New Construction No
Others
Senior Community No
Tax ID 122830
Acceptable Financing Owner Will Carry
Listing Terms Owner Will Carry
Special Listing Condition Standard
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