1001 SW 1st Street, Redmond, OR 97756 | MLS #220211797 | Cascade Hasson Sotheby’s International Realty

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Listing provided courtesy of Coldwell Banker Commercial RealtyMLS# 220211797MLS Provider
  • 231 days on site
  • 11 views

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.

Source: Oregon Datashare, MLS#: 220211797

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  • Property Type
    Commercial Sale
  • Lot
    1.89 acres

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  • Median Age
    39
  • Population Density
    348
  • College Educated
    35%
  • Estimated Median Income
    $66,120
  • Estimated Total Home Owners
    10,234
  • Estimated Total Renters
    5,018
  • Owner / Renter Divide
    67% / 33%
  • Estimated Average Household Size
    3
  • Total Population
    39,342
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

History

Date Event Value Agent
2/4/2026Source: Oregon Datashare Price Reduction
$2,950,000 -7.8%
11/10/2025Source: Oregon Datashare Added to Database
November 10, 2025