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62910 O B Riley Rd
Bend, OR 97703
McKay Cottage Plaza · Retail Property For Sale
Executive Summary
Diversified investment property. For sale is the real estate supporting McKay Cottage Restaurant, plus two fully occupied office buildings and the adjacent vacant lot. Owners have meticulously maintained the property with ongoing office upgrades, upgrades to HVAC, recent sealing and striping and the like. Good mix of low impact office tenants. Close to lodging, shopping, the Deschutes River, easy access to major arterials and highways. NDA required to see leases, P & Ls, Pro Forma APOD, etc. Sorry no showings until accepted offer in hand.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
11,024 SF
Building Class
B
Year Built
1999
Price
$3,546,540 CAD
Price Per SF
$321.71 CAD
Cap Rate
6.70%
NOI
$237,479 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.19
Lot Size
1.32 AC
Zoning
CH - CH zoning
Parking
50 Spaces (1.63 Spaces per 1,000 SF Leased)
Frontage
250’ on O. B. Riley Road
Amenities
- 24 Hour Access
- Courtyard
- Restaurant
- Monument Signage
- Air Conditioning
Property Taxes
| Parcel Number | 118261 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,528,656 CAD |
Property Taxes
Parcel Number
118261
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,528,656 CAD
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