Standard Sale conditions, Seller is Oregon Legacy Foundation, please contact listing Broker with any questions. 1,490+/-SF C-2 Zoned building in Redmond's downtown core. 0.13/AC, building wiring is up-to-date. Two (2) ductless mini-splits heat/AC, plus gas fireplace and kitchen. Could have office upstairs w/finished attic space or live/work opportunity. Plenty of room for additional parking or expansion. Parking off alley and on-street. Nice paver patio area for meetings and entertaining your clients! Great visibility, walking distance to downtown shopping, and wonderful restaurants. Zoning provides for a variety of uses would be an excellent accountant, attorney, financial or real estate/property management office. Superb opportunity to own your own commercially zoned building as an owner/user or as investor.
The Landaker Building - historic icon in the heart of Downtown Redmond, Oregon. Built in 1919, this approximately 7,500-square-foot, three-story mixed-use investment building is located at the prominent intersection of Evergreen Avenue and Sixth Street. The building's historical significance and strategic location in Redmond's Central Business District (CBD) make it a standout investment opportunity for those seeking both a prime location and stable income.Originally constructed as a one-story pool hall, the Landaker Building underwent significant renovations in 1932, adding two additional floors for office and apartment space. Over the years, the iconic building has housed notable businesses, including the Pastime Tavern, and played a vital role in Redmond's community life. The building remains a structure of historical significance, capturing the charm and heritage of Redmond's early 20th-century architecture. The Landaker Building is fully leased, comprising two retail units on the ground floor, two commercial units on the third floor, and 10 apartment units on the second and third floors, all serviced by an elevator. The retail tenants, including Morning Story and Salon Bliss, benefit from the high foot traffic in this bustling downtown area. The apartment units, primarily studios, ensure flexibility for future rent increases or conversion opportunities.Currently, The Landaker Building is designated as of "historical interest." These properties are not required to comply with the requirements of the Preservation of Historic Resources section of the Redmond Development Code except in the event of demolition or of a major alteration. Short Term Rentals (STRs) are permitted on C2 zoned properties, including within the Downtown Overlay District (DOD), granted applicable standards and requirements are complied with.
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.
Start your plans now for his 1.68 acre Hwy parcel. Presently consists of 1800 sq. ft. cinder block warehouse, 768 sq. ft. 2/1 residence, 600 sq. ft. well house (with new well pump), all on1.68 acres. Level property at City Urban Holding UGB boundary. New residential development directly West and South and new (to be constructed in 2024) Redmond Police Department complex directly SE across Hwy 97. Present curb cuts allow access onto Hwy 97. Property close to and directly S of O'Neil highway intersection.
The median home value in Redmond, OR is $499,000. This is lower than the county median home value of $598,100. The national median home value is $338,100. The average price of homes sold in Redmond, OR is $499,000. Approximately 63.79% of Redmond homes are owned, compared to 33.66% rented, while 2.56% are vacant. Redmond real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Redmond real estate agent to arrange a tour today!
Redmond, Oregon has a population of 33,160. Redmond is more family-centric than the surrounding county with 34.6% of the households containing married families with children. The county average for households married with children is 29.18%.
The median household income in Redmond, Oregon is $70,129. The median household income for the surrounding county is $74,082 compared to the national median of $69,021. The median age of people living in Redmond is 36.4 years.
The average high temperature in July is 84.5 degrees, with an average low temperature in January of 24.1 degrees. The average rainfall is approximately 10 inches per year, with 13.7 inches of snow per year.