1033 NW Bond Street

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1033 NW Bond Street

Bend, OR 97703
Asking Price
$5.00M
Cap Rate
6.5%
Asset Type
Restaurant Retail
Class
Class B

What's Special

Investment Opportunity | Historic Landmark Downtown Building <ul><li>​Iconic Tenants: First floor is home to two of the most popular restaurants in Bend, OR: Ken's Artisan Pizza, ranked among the top 50 pizza restaurants worldwide, and Americana Burger, a favorite for its simple menu featuring an elevated take on fast casual with smash burgers and smothered fries. These popular dining destinations drive consistent local and tourist traffic year-round.</li><li>​In-Place Income: The second story is currently built out as three high-end apartments at 100% oc

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NOI
$80,000
Cap Rate
1.60%
DSCR
0.27
Underwater
Cash-on-Cash
-14.46%
Monthly Payment
$24,737.272
Annual Cash Flow
$-216,847.263

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