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$1,449,000
Est. payment /mo
7,500 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 7,500 sqft
Price per Sqft $193
MLS Listing ID 220214643
Year Built 1919
Annual Tax Amount $9,552
Lot Size 2,613 Sqft
Acres 0.06
Lot Dimensions 0.06
Property Description
The Landaker Building, an iconic structure in Downtown Redmond, Oregon, was built in 1919 and spans approximately 7,500 square feet across three stories. Located at the prominent intersection of Evergreen Avenue and Sixth Street, it offers a prime investment opportunity with a stable income. Originally a pool hall, it was renovated in 1932, adding two additional floors for office and apartment spaces. Fully leased, the building includes two ground-floor retail units, two commercial units on the third floor, and 10 apartment units on the second and third floors. Its historic charm, strategic location, and potential for future development, including short-term rentals, make it a unique asset.
Location
State OR
County Deschutes
Rooms
Basement None
Interior
Interior Features Elevator
Heating Electric, Wall Furnace, Other
Cooling Central Air
Exterior
Parking Features On Street
Roof Type Membrane
Building
Lot Description Corner Lot, Level
Foundation Slab
Water Public
Level or Stories Three Or More
Structure Type Brick
New Construction No
Others
Senior Community No
Tax ID 123427
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Listed by John L. Scott Medford
NEARBY SCHOOL & BUSINESS
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