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    154 NE Franklin Ave

    Bend, OR 97701
    • $4,900,000
    • STATUS: Active
    • ON SITE: 21 days
    • MLS #: 21302848
    UPDATED: 16 min ago
    $4,900,000
    • 0
      BEDS
    • 1.03
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 20,312
      SQFT
    • $241
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1995
    County:

    School Ratings & Info

    Description

    The Rainbow Motel is located in the Central Bend District, as well as a Federal Opportunity Zone. The property features 50 guest rooms in 2 sections on 1.03 acres. The property is dual zoned and has the potential to be redeveloped into residential housing of up to 55 to 65 feet in height, with minimal set backs and lower parking ratios in the upgraded Central Bend District. Check with planning and zoning for further info.There is an opportunity for an owner developer to operate the property.

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    Listing content is copyright © 2021 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Fox Real Estate Group are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2021-07-29T13:40:00.65.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Fox Real Estate Group and should be independently verified.
    www.marcfoxhomes.com/homes/119068464
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    154 NE Franklin Ave Bend, OR 97701

    • Price: $4,900,000
    • Status: Active
    • Updated: 16 min ago
    • MLS #: 21302848
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.03
    Acres
    20,312
    SQFT
    $241
    $/SQFT
    1995
    Built
    Neighborhood:
    320-Deschutes County
    County:
    Deschutes
    Area:
    320-Deschutes County
    Property Description
    The Rainbow Motel is located in the Central Bend District, as well as a Federal Opportunity Zone. The property features 50 guest rooms in 2 sections on 1.03 acres. The property is dual zoned and has the potential to be redeveloped into residential housing of up to 55 to 65 feet in height, with minimal set backs and lower parking ratios in the upgraded Central Bend District. Check with planning and zoning for further info.There is an opportunity for an owner developer to operate the property.
    Exterior Features

    Construction Materials Wood Frame Garage Or Parking Spaces 50 Lot Size 1 To 2.99 Acres Parking Features On Site Road Surface Paved Roof Type Metal View YN No Water Description Public

    Interior Features

    Heating Description Other

    Property Features

    Bank Owned YN No Commercial Type Hotel/Motel Country Us Current Use Hotel/Motel Fuel Description Electricity Price Type List Price Sale Includes BuildingBusinessLand Sewer Description Public Sewer Short Sale YN No Tax Amount 15935.20 Third Party Approval YN No Total Buildings 2 Zoning Me Cl

    Listing provided courtesy of Premiere Property Group, Llc.


    Listing content is copyright © 2021 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Fox Real Estate Group are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2021-07-29T13:40:00.65.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Fox Real Estate Group and should be independently verified.
     
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    Fox Real Estate Group
    17700 SW Upper Boones Ferry Rd #100
    Portland OR, 97224