1560 NE 1st Street offers the opportunity to acquire a well-established, multi-tenant industrial investment in Bend's Midtown commercial district. Priced at just $144.56 per square foot, the property represents exceptional value for a fully leased industrial asset in Bend. The building includes 14 industrial suites totaling approximately 17,640 square feet, with eight 1,200-square-foot units and six 1,340-square-foot units. This small-bay configuration supports a diverse tenant mix and has historically maintained very low vacancy. The property is fully leased and currently generates $18,373 in gross monthly rental income. At a 6.56% capitalization rate, the asset provides immediate cash flow with additional value-add potential through professional property management, strategic renewals, and adjustments toward current market rents.
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Listing courtesy of Compass Commercial Real Estate, agent Robert Raimondi, 541-383-2444
Data last updated July 22, 2026
Based on information from Oregon Data Share. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information is for consumers personal, non-commercial use only.
This home is listed at $2,550,000 — 229.1% above the Bend median. See full Bend market →
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $2,040,000 · $510,000 down · 30 year term
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