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ClearPine Building - Class A Retail/Office 100 Lundgren Mill Dr 12,216 SF 46% Leased Office Building Sisters, OR 97759 $4,466,944 CAD ($365.66 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • New Construction: Completed in 2023, modern mixed-use design with high-quality finishes
  • Income Producing: One ground floor suite and three residential apartments fully leased, generating $123,912 annual income
  • Close to Amenities: Adjacent to the ClearPine neighborhood with 106 residential units
  • Flexible Layout: 12,216 SF total, including commercial and residential space with clear-span areas
  • Strong Location: Situated in North Sisters Business Park with connectivity to Downtown Sisters, Bend, and Redmond
  • Investor or Owner-User: The vacant 6,462 SF of commercial space is suitable for light manufacturing, distribution, retail, or office use

EXECUTIVE SUMMARY

Completed in 2023, the ClearPine Building is a brand-new mixed-use property offering a rare blend of commercial and residential space in the heart of Sisters’ growing industrial district. Priced well below replacement cost, the building totals 12,216 square feet, including 6,125 RSF of ground floor commercial space, 1,566 RSF of second-floor commercial space, and 4,525 SF of second-floor residential apartments. This versatile design provides an attractive opportunity for both owner-users and investors seeking modern space with strong income potential.
The property already benefits from established tenancy, generating $123,912 in annual rental income. One ground-floor suite is leased to Sisters Physical Therapy, while all three second-floor residential apartments are fully leased. This built-in stability provides reliable cash flow while still leaving significant space available for an owner-occupant or additional tenants.
Situated just minutes from Downtown Sisters and US-20, the ClearPine Building offers excellent connectivity to Bend, Redmond, and the broader Central Oregon market. Its corner location provides outstanding signage visibility, with ample on-site parking and Cascade Mountain views adding to its curb appeal. Nearby amenities, including food, coffee, and recreation, make this an ideal location for businesses and residents alike.

DATA ROOM Click Here to Access

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Building Size
12,216 SF
Building Class
A
Year Built
2023
Price
$4,466,944 CAD
Price Per SF
$365.66 CAD
Percent Leased
46%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,108 SF
Building FAR
0.46
Lot Size
0.61 AC
Zoning
NSBP - North Sisters Business Park District
Parking
22 Spaces (1.8 Spaces per 1,000 SF Leased)

AMENITIES

  • 24 Hour Access
  • Car Charging Station
  • Bicycle Storage
  • Natural Light
  • Open-Plan
  • Recessed Lighting
  • Monument Signage
  • Outdoor Seating
  • Air Conditioning

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl-Ste 101
  • 1,407 SF
  • Office/Retail
  • Shell Space
  • Now

Ground floor suite ideal for office and retail tenants but can accommodate a wide variety of uses. Delivery will be in shell condition with a $45/USF (Suite 101 – Negotiable).

  • 1st Fl-Ste 102
  • 979 SF
  • Office/Retail
  • Shell Space
  • Now

Ground floor suite ideal for office and retail tenants but can accommodate a wide variety of uses. Delivery will be in shell condition with a $45/USF.

  • 1st Fl-Ste 104
  • 2,530 SF
  • Office/Retail
  • Shell Space
  • Now

Ground floor suite ideal for office and retail tenants but can accommodate a wide variety of uses. Delivery will be in shell condition with a $45/USF. Spaces 104 (lower level) and 204 (upper level with overlook to 104) can be leased together for 4,076 SF total.

  • 2nd Fl-Ste 204
  • 1,546 SF
  • Office/Retail
  • Shell Space
  • Now

Second floor suite ideal for office and retail tenants but can accommodate a wide variety of uses. Delivery will be in shell condition with a $45/USF. Spaces 104 (lower level) and 204 (upper level with overlook to 104) can be leased together for 4,076 SF total.

Space Size Space Use Condition Available
1st Fl-Ste 101 1,407 SF Office/Retail Shell Space Now
1st Fl-Ste 102 979 SF Office/Retail Shell Space Now
1st Fl-Ste 104 2,530 SF Office/Retail Shell Space Now
2nd Fl-Ste 204 1,546 SF Office/Retail Shell Space Now

1st Fl-Ste 101

Size
1,407 SF
Space Use
Office/Retail
Condition
Shell Space
Available
Now

1st Fl-Ste 102

Size
979 SF
Space Use
Office/Retail
Condition
Shell Space
Available
Now

1st Fl-Ste 104

Size
2,530 SF
Space Use
Office/Retail
Condition
Shell Space
Available
Now

2nd Fl-Ste 204

Size
1,546 SF
Space Use
Office/Retail
Condition
Shell Space
Available
Now

1st Fl-Ste 101

Size 1,407 SF
Space Use Office/Retail
Condition Shell Space
Available Now

Ground floor suite ideal for office and retail tenants but can accommodate a wide variety of uses. Delivery will be in shell condition with a $45/USF (Suite 101 – Negotiable).

1st Fl-Ste 102

Size 979 SF
Space Use Office/Retail
Condition Shell Space
Available Now

Ground floor suite ideal for office and retail tenants but can accommodate a wide variety of uses. Delivery will be in shell condition with a $45/USF.

1st Fl-Ste 104

Size 2,530 SF
Space Use Office/Retail
Condition Shell Space
Available Now

Ground floor suite ideal for office and retail tenants but can accommodate a wide variety of uses. Delivery will be in shell condition with a $45/USF. Spaces 104 (lower level) and 204 (upper level with overlook to 104) can be leased together for 4,076 SF total.

2nd Fl-Ste 204

Size 1,546 SF
Space Use Office/Retail
Condition Shell Space
Available Now

Second floor suite ideal for office and retail tenants but can accommodate a wide variety of uses. Delivery will be in shell condition with a $45/USF. Spaces 104 (lower level) and 204 (upper level with overlook to 104) can be leased together for 4,076 SF total.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
253213
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,360,216 CAD
  • Listing ID: 37869198

  • Date on Market: 2025-09-29

  • Last Updated:

  • Address: 100 Lundgren Mill Dr, Sisters, OR 97759

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