1116 Sw Obsidian Avenue, Redmond


0 Beds
0 Baths
3,000 Sqft
1 Acres
0 Garages

Big price drop provides about a 6% Cap Rate on property leased until April 2022. The DayCare has over 30 kids now and a waiting list of more than 70 but need some remodeling to increase enrollment. Tenant pays utilities and maintenance. There are 2 tax lots which may allow for an additional building or find a use for the existing barn. With about 200 apartments in planning stage next door, the future looks bright for this property. What could you do with this property?

Essential Information
MLS® #201807119
Square Footage3,000
Year Built1915
TypeCommercial Building
Community Information
Address1116 Sw Obsidian Avenue
Zip Code97756
Parking Spaces15
ParkingParking Lot-Asphalt
ViewCascade Mountain, Terrain
Interior Features

Security System, Kitchen, Handicap Equipped


Central AC, Natural Gas, Forced Air

Exterior Features

Drip System, Fenced, Landscaped

Additional Information
Date ListedJuly 11th, 2018
Days on Market372
Listing Details
OfficeRedmond Oregon Homes.com

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