2622 SW Glacier Place, Redmond, OR 97756
Listing ID220117448
Sold For$1,225,000
StatusClosed
SqFt
6,584
Acres
0.590
CountyDeschutes
Year Built1992
Property TypeCommercial Sale
Class A, single level office building with 6 tenants, fully leased at market rate. Gross leases with a 4.7% cap rate. Large parking area with additional Glacier Pl on street parking. Building and systems are in good condition inside and out. Two New Furnaces and two A/C Units installed August 2021. New Roof being installed June 2023.
County
Deschutes
Price Before Reduction
1349000
Price Reduction Date
2022-12-14T19:06:54+00:00
Property Type
Commercial Sale
Subdivision
Nolans
Year Built
1992
Zoning
C4
Cooling
Heat Pump
Flooring
Carpet, Tile
Heating
Forced Air, Heat Pump, Natural Gas
Levels
One
Construction Materials
Frame
Foundation Details
Stemwall
Lot Features
Corner Lot, Landscaped, Sprinkler Timer(s)
Lot Size Square Feet
25700
New Construction
no
Number of Parking Spaces
20
Number of Units Total
6
Parking
Yes
Parking Features
Asphalt, Parking Lot
Roof
Composition
Sewer
Public Sewer
Water Source
Public
Building Area Source
Assessor
View
City
Additional Features
ADA Comply, Kitchen
Backup Package Available
Yes
Covenants, Conditions & Restrictions
no
Document Count
2
Documents on File
Profit and Loss Statement, Rental Agreement, Schedule of Tenants
Foreign Investment in Real Property Tax Act
no
Power Production
None
Section
SW
Existing Lease Type
Gross
Special Assessments
None
Special Listing Conditions
Standard
Tax Annual Amount
16005.62
Tax Block
6
Tax Lot
5,6
Tax Map Number
151317AC10413
Tax Year
2022
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Contact - Listing ID 220117448
Coldwell Banker Pro West Real Estate
300 E Main St.
Medford, OR 97501
Phone: 541-773-6868
Data services provided by IDX Broker