$1,425,000
615 Evergreen
Redmond, OR 97756
Down $74,000 from original list price $1,499,000.
Active132 days on market$190/sqft
About this home
Description
The Landaker Building, an iconic structure in Downtown Redmond, Oregon, was built in 1919 and spans approximately 7,500 square feet across three stories. Located at the prominent intersection of Evergreen Avenue and Sixth Street, it offers a prime investment opportunity with a stable income. Originally a pool hall, it was renovated in 1932, adding two additional floors for office and apartment spaces. Fully leased, the building includes two ground-floor retail units, two commercial units on the third floor, and 10 apartment units on the second and third floors. Its historic charm, strategic location, and potential for future development, including short-term rentals, make it a unique asset.
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