Listing provided courtesy of Keller Williams Realty Central Oregon- MLS# 220218564MLS Provider

734 NE Greenwood AvenueBend, OR 97701

Commercial · 1,201 Sq. ft. | 0.18 Acres
$650,000 Active

734 NE Greenwood Avenue Overview

Time on Site:
84 days
Visits:
8

Prime investment opportunity on a high-visibility main street location! This well-established laundromat property has served the community for decades, offering strong recognition and consistent traffic. Situated within the Opportunity Zone, this property presents exceptional potential for redevelopment, expansion, or long-term hold with potential tax advantages. The building and equipment have been recently upgraded, providing a turnkey foundation for continued operation or repositioning. Ample frontage and accessibility enhance its appeal for both customers and future development concepts. This offering is part of a portfolio sale, with additional properties available, creating a unique opportunity for investors seeking scale and diversification. The laundromat business is available for purchase separately at $300,000, allowing for multiple investment strategies. Rare chance to own a legacy location with modern improvements and future growth potential.

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734 NE Greenwood Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 1,201
  • Price/Sq.ft. $541
  • Lot 0.18 Acres

Details

General

Income/Expenses

  • Gross Income: 41278.0
  • Operating Expense: 11278.02

Building Information

  • New Construction: false
  • Year Built: 1956

Location/Region

  • County Or Parish: Deschutes

Rent/Lease Information

  • Tenant Pays: Electricity,Gas,Interior Maintenance,Janitorial Service,Sewer,Water

Tax Information

  • Tax Annual Amount: 4687.02
  • Tax Year: 2025

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: 105426
  • Property Type: Commercial Sale
  • Special Listing Conditions: Standard

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Source: Assessor
  • Building Area Total: 1201.0

General Information

  • Common Walls: No Common Walls
  • Flooring: Concrete
  • Foundation Details: Concrete Perimeter
  • Interior Features: Laminate Counters
  • Levels: One

Exterior

Parking Information

  • Parking Features: Asphalt,Parking Lot

Lot Information

  • Additional Parcels Description: 407 SE 3rd Street, Bend, OR 97702 and 225 SE Vine Street, Bend, OR 97702
  • Additional Parcels: true
  • Lot Features: Level
  • Lot Size Acres: 0.18
  • Lot Size Area: 0.18
  • Lot Size Square Feet: 7840.8
  • Lot Size Units: Acres
  • Road Surface Type: Paved
  • Water Source: Public

Building Exterior/Construction

  • Attached Garage: false
  • Construction Materials: Concrete
  • Roof: Membrane

General Information

  • Number Of Units Total: 1
  • Road Frontage Type: Private Access
  • Sewer: Public Sewer

734 NE Greenwood Avenue Neighborhood

Community

97701 (Bend) Demographics

40
Median Age
109
Population Density (per sq. mile)
56%
College Educated
$74,338
Estimated Median Income
18,659
Estimated Total Home Owners
10,989
Estimated Total Renters
63% / 37%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

734 NE Greenwood Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

734 NE Greenwood Avenue Market Data

Based on the last 30 days in this zip code

$784,033
Average List Price
$396
Average Price per Square Foot
67
Properties Sold
95
Average Days on Market
361
Properties for Sale
Calculations provided by Reliance Network

734 NE Greenwood Avenue History

Date Event Value Agent
4/7/2026Source: Oregon Datashare Added to Database
April 07, 2026