Listing provided courtesy of Coldwell Banker Commercial Realty- MLS# 220211797
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1001 SW 1st StreetRedmond, OR 97756
Commercial · 20,231 Sq. ft. | 1.89 Acres$2,950,000
Active
1001 SW 1st Street Overview
- Time on Site:
- 231 days
- Visits:
- 11
1001 SW 1st Street has a single tenant on a NNN lease in 20,231 SF on 1.89 acres. Offering a 6.47% Cap Rate and $190,956 NOI Annually. The current tenant has been at the same location for over 12 years. Construction is pre-engineered steel building with a metal roof on approximately one-half of the building with open work spaces and separate offices. The entire facility is sprinkled with a fully charged dry style fire suppression system. The lighting was updated with energy trust of Oregon to LED office lighting and duel essence LED T-8 Universal low Voltage light in the warehouse area. There are several grade level roll up doors and multiple restrooms. Property also features a large paved parking lot. Call to schedule a tour.
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1001 SW 1st Street Facts & Features
- Type Commercial
- Sq. ft. 20,231
- Price/Sq.ft. $146
- Lot 1.89 Acres
Details
General
Building Information
- New Construction: false
- Year Built: 1974
Location/Region
- County Or Parish: Deschutes
Rent/Lease Information
- Tenant Pays: Common Area Maintenance,Electricity,Gas,Insurance,Interior Maintenance,Janitorial Service,Repairs,Sewer,Taxes,Water
Tax Information
- Tax Annual Amount: 18024.0
- Tax Year: 2025
General Information
- Listing Terms: Cash
- Parcel Number: 124118
- Property Type: Commercial Sale
- Special Listing Conditions: Standard
Interior
Beds/Baths
- Bathrooms Total: 0
Building Interior
- Building Area Source: Other
- Building Area Total: 20231.0
General Information
- Basement: None
- Common Walls: No Common Walls
- Flooring: Concrete
- Foundation Details: Slab
- Levels: One
Exterior
Parking Information
- Parking Features: Asphalt,Gravel
Lot Information
- Additional Parcels: false
- Lot Size Acres: 1.89
- Lot Size Area: 1.89
- Lot Size Square Feet: 82328.4
- Lot Size Units: Acres
- Road Surface Type: Paved
- Water Source: Public
Waterfront/View
- View: Pond
Building Exterior/Construction
- Attached Garage: false
- Construction Materials: Steel Frame,Frame
- Roof: Membrane,Metal
General Information
- Number Of Units Total: 1
- Road Frontage Type: Shared Access
- Sewer: Public Sewer
1001 SW 1st Street Neighborhood
Community
97756 (Redmond) Demographics
39
Median Age
348
Population Density (per sq. mile)
35%
College Educated
$66,120
Estimated Median Income
10,234
Estimated Total Home Owners
5,018
Estimated Total Renters
67% / 33%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.1001 SW 1st Street Monthly Cost
1001 SW 1st Street Market Data
Based on the last 30 days in this zip code
$685,981
Average List Price
$361
Average Price per Square Foot
98
Properties Sold
104
Average Days on Market
507
Properties for Sale
1001 SW 1st Street History
| Date | Value | Agent |
|---|---|---|
| 2/4/2026Source: Oregon Datashare | $2,950,000 -7.8% |
|
| 11/10/2025Source: Oregon Datashare | November 10, 2025 |