$1,400,000
1/53 BD · 2 BA · 1,432 SF · 0.28 AC
320 NW Riverside Boulevard
Bend, OR 97703
#220228695 01 / 21
Pending Price cut $200K on Feb 2
$1,400,000
530 SE 3rd Street
Bend, OR 97702 · Bend Park
- Baths
- 0
- Acres
- 0.73
Est. $8,651/mo~6 min to downtown Bend (approx.)
Listing by Strategic Realty LLC · 541-595-8444
MLS# 220193727 · Pending
01
About this home
BACK ON THE MARKET AT NO FAULT OF PROPERTY! Prime investment opportunity in a high-visibility location at the corner of SE 3rd Street and Wilson Avenue in Bend, OR! These two tax lots, totaling 0.73 acres, are situated in the heart of a bustling commercial corridor with high traffic counts, making them ideal for redevelopment or new business ventures. Zoned CL (Commercial Limited), the property offers versatile use options, catering to a variety of business needs. Formerly home to the Hong Kong Restaurant, this site is rich with potential and boasts close proximity to key Bend landmarks such as The Old Mill District, Vince Genna Stadium, and other thriving commercial and retail hubs. Don't miss this rare chance to secure a premier location in one of Central Oregon's most dynamic markets. Lots to be sold together—act now to capitalize on this strategic opportunity!
02
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03
Price history
Cut $200K| Date | Event | Price |
|---|---|---|
| Feb 2, 2026 | Price cut−$200,000 (12.5%) | $1,400,000 |
| Jul 7, 2026 | Listed for sale | $1,600,000 |
From the MLS: original list price and latest price change. 91 days on market.
04
Drive times
~6 min to downtown Bend- Old Mill District~5 min · 0.9 mi
- Downtown Bend~6 min · 1.5 mi
- St. Charles Bend~11 min · 3.3 mi
- Sunriver Village~28 min · 17.4 mi
- Redmond Airport (RDM)~32 min · 21.2 mi
- Mt. Bachelor~37 min · 25.6 mi
- Sisters~39 min · 27.3 mi
- Smith Rock State Park~43 min · 30.8 mi
Approx. Straight-line distance × 1.3 for roads, at in-town and highway speeds. No traffic, snow, or Hwy 97 construction. Ask Cody about real commute times.
05
Facts & features
- Type
- Commercial
- Lot
- 0.73 AC · 31,799 SF
- HOA
- None reported
- Taxes
- $12,565/yr
- Subdivision
- Bend Park
- County
- Deschutes
- Days on market
- 91
- MLS #
- 220193727
- View
- City
- Lot
- Corner Lot
- Utilities
- Cable Available · Electricity Available · Natural Gas Available · Phone Available
06
Location & schools
Bend Park44.0444° N · 121.3022° W
Directions- Elementary
- Juniper Elem
- Middle
- Pilot Butte Middle
- High
- Bend Sr High
Assignments come from the listing broker and boundaries change. Verify with the school district before you count on them.
07
Monthly payment
$8,651/mo$8,651/mo
$1,120,000 loan · 30 yr fixed · 6.5%
- Principal & interest
- $7,079
- Property tax (listing)
- $1,047
- Home insurance (est.)
- $525
20% · $280,000
6.500%
Loan term
Estimate only. Taxes use the listing's reported amount when there is one; insurance is approximated. A lender can give you an exact number.
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#220222277Listing information provided by Oregon Data Share. Data last updated Oct 7, 2026, 1:01 PM.
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