Views
Address
62910 O.b. Riley Road, Bend, OR
Price
$ 2,550,000
Property Attributes
- MLS#220227015
- TypeCommercial
- Listing Status Pending
- CountyDeschutes
- CityBend
- AreaNW
- NeighborhoodNorwood
- Zip97703
- Style
- Year Built1999
- Taxes$ 18571
- Price$ 2,550,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage11024
- Lot Size1.69 Acres
Data Source:
MLS of Central Oregon (MLSCO)
Property Description
Your opportunity to own a diversified investment property. McKay Cottage Plaza consists of the real estate housing McKay Cottage Restaurant, two adjacent office buildings, and the adjacent vacant lot. Priced far below assessed value. Real Estate only is for sale. 6.75 CAP on APOD using current rents for income, historical numbers for expenses, plus projected increases in taxes and insurance. Financials and rent roll available upon completion of NDA. This property has been immaculately maintained, with new sealing and striping, recent upgrades to HVAC, long term lease with Restaurant and primarily two year leases with other tenants. Restaurant pays all its own utilities and a sub-water meter is in place. Sorry no showings until acceptable offer in hand.
| Price History | |
|---|---|
| 8/13/2026 | Listed $2,550,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Electric,Forced Air |
| Cooling | Central Air |
| Roof | Composition |
| Security Features | Security System Owned |
| Construction Materials | Frame |
| Year Built | 1999 |
| Tenant Pays | Other |
| View | Territorial |
| Levels | Two |
| Tax Year | 2025 |
| Additional Parcels Description | Tax Lot 171220 DA 02800, Parcel # 118261, lot size 1.32 acres. Tax Lot 171220 DA 02700, Parcel # 118262, lot size 0.37 acres. For a total of 1.69 acres. |
| County | Deschutes |
| New Construction | false |
| Property Type | Commercial Sale |
| Attached Garage | false |
| Subdivision Name | Norwood |
| Status | Pending |
| City | Bend |
| Zoning Description | CG |
| Number Of Units Total | 17 |
| Lot Size Units | Acres |
| Lot Size Square Feet | 73616.4 |
| Tax Annual Amount | 18571.06 |
| Additional Parcels Y/N | true |
| Structure Type | Office,Retail |
| Standard Status | Pending |
| Tax Lot | 02800 |
| Cap Rate | 6.75 |
| Sewer_co_Public_sp_Sewer | true |
| Utilities_co_Cable_sp_Available | true |
Interior Features
| Interior Amenities | Smart Thermostat |
|---|---|
| Basement | None |
| Flooring | Carpet,Vinyl |
| Common Walls | 2+ Common Walls |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Window Features | Vinyl Frames |
| Heating-Forced Air | true |
Exterior Features
| Parking Features | Asphalt,Assigned |
|---|---|
| Lot Features | Landscaped |
| Water Source | Public |
| Lot Size Area | 1.69 |
| Foundation Details | Slab |
| Building Area Total | 11024 |
| Lot Size Acres | 1.69 |
| Road Surface Type | Paved |
| Road Frontage Type | Private Access |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 97703
Price
Taxes
Year Built
The content relating to real estate for sale on this website comes in part from the MLS of Central Oregon. Real estate listings held by Brokerages other than Mariposa Real Estate are marked with the Reciprocity/IDX logo, and detailed information about these properties includes the name of the listing Brokerage. © MLS of Central Oregon (MLSCO).
This content last updated on September 21, 2026 4:31 PM UTC Some properties which appear for sale on this website may subsequently have sold or may
