Retail Space - For Sale
61516 South Highway 97 Bend, OR 97702
Details & Description
Price: $3,250,000
  • Property Type Retail for Sale : Other Retail
  • Lot Size Acres 0.480
  • Building Sq Ft 2,693
  • Building Price per Sq Ft $1,206.83
  • Land Sq Ft 20,908
  • Land Price per Sq Ft $155.44
  • NOI $267,479
  • CAP Rate % 8.23
Thriving car wash business and property on the South end of Business 97, adjacent to Fred Meyer retail center with traffic counts of 18,200 cars daily.Family owned since 1991. Servicing approximately 5K cars per month, 60K per year.Improvements include wood siding, rock façade, exposed columns and new roof (2008), Washlink computer system and conveyer (2016), and dryer system (2020).Per owner, much of the water is recycled, treated and reused.  Owner carry terms available.
Property Highlights
 Owner carry terms available
 High traffic
Additional Photos
Listing Agents
Jeff Reed

O: 541-706-9370
M: 541-280-7068
jreed@naicascade.com
Walt Ramage

O: 541-706-9370
M: 541-771-8260
wramage@naicascade.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

61516 South Highway 97

Bend, OR 97702

Listing ID: 302307
$3,250,000
For Sale
  • Property Type Retail for Sale : Other Retail
  • Lot Size Acres 0.480
  • Building Sq Ft 2,693
  • Building Price per Sq Ft $1,206.83
  • Land Sq Ft 20,908
  • Land Price per Sq Ft $155.44
  • NOI $267,479
  • CAP Rate % 8.23
  • 61516 South Highway 97 Bend, OR 97702 | for Sale | Photo 1
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Property Highlights
 High traffic
 Owner carry terms available
Description

Thriving car wash business and property on the South end of Business 97, adjacent to Fred Meyer retail center with traffic counts of 18,200 cars daily.

Family owned since 1991. Servicing approximately 5K cars per month, 60K per year.

Improvements include wood siding, rock façade, exposed columns and new roof (2008), Washlink computer system and conveyer (2016), and dryer system (2020).

Per owner, much of the water is recycled, treated and reused.  

Owner carry terms available.

Traffic Counts

Points of Interest & Demographic Radii
Points of Interest
Demographic Radii
POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
 

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Bend Area Market Trends

Listing Demographics for 61516 South Highway 97 Bend, OR 97702

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population10,18063,921100,148
Population Median Age384040
Population by Age0-9 Yrs1194 (11%)7445 (11%)12176 (12%)
10-19 Yrs1209 (11%)6981 (10%)11338 (11%)
20-29 Yrs1413 (13%)8570 (13%)12442 (12%)
30-39 Yrs1905 (18%)9515 (14%)14348 (14%)
40-49 Yrs1072 (10%)9001 (14%)14397 (14%)
50-59 Yrs1333 (13%)7787 (12%)12172 (12%)
60-69 Yrs1056 (10%)7195 (11%)11875 (11%)
70+ Yrs998 (9%)7429 (11%)11400 (11%)
Median HH Income$54,019$64,344$69,024
Total Household Income< 24K763 (17%)4047 (15%)5990 (14%)
25-49K1315 (30%)6352 (23%)8614 (21%)
50-74K850 (19%)5239 (19%)7628 (18%)
75-99K568 (12%)3607 (13%)5675 (13%)
100-199K750 (17%)5739 (21%)9516 (23%)
200K+129 (2%)1945 (7%)3424 (8%)
Highest Education LevelNo Diploma51124763343
Diploma or GED1694832213041
Some College18201120517045
Assoc. Degree90345786894
Bachelors Degree17451231518945
Higher Degree742745212551
Total Housing Units4,77429,54044,463
--Owner-Occupied2,13515,10224,652
--Renter-Occupied2,24011,82716,196
Owner-Occupied Values< 100K17710811329
100-199K103557895
200-299K38615932748
300-399K88137726287
400-499K35029074311
500K+24051919081
Total Working Age Population8,12351,88480,551
In Work Force5,60035,10354,226
Not In Work Force2,52316,78126,325
Workforce Employed5,30033,53651,775
Workforce Unemployed2741,5152,367
Civlian Workforce5,57435,05154,143
Military Workforce265283
Total Households4,37526,92840,847
Family Households2,40715,89625,680
Non-Family Households1,96811,03215,167
Married Couple1,73312,29820,120
Other Family6743,5985,561
Married w/Child7775,1028,271
Single Male w/Child2089321,420
Single Female w/Child2231,2442,002

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Oregon3,421,399+123,831,074+114,264,810+114,727,438
Deschutes County115,367+37157,733+27199,793+22244,018

Total Working Age Population:

Total Households:

Total Working Age Population:

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Total Working Age Population:

Total Households:

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

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Closest Commercial Airports
Airport Distance (mi)
Portland International Airport (PDX) 125
Seattle Tacoma International Airport (SEA) 241
Boeing Field King County International Airport (BFI) 246
Listing Agent
Listing Co-Agent
Jeff Reed - CRE Agent at

Walt Ramage

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