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Versatile Income-Generating Property

This unique offering spans 10.77 acres across two tax lots, featuring over 18,000 SF of improvements. The property is 100% leased to Embark Behavioral Health, which occupies all three buildings, ensuring steady income for investors. It includes a historic 1930-built schoolhouse, a modern 2017 administrative building, and an 8,691 SF residential facility with ADA-compliant amenities. Robust infrastructure, such as a commercial kitchen, clinical offices, and detached garages, supports diverse uses. Located on Nelson Road and Butler Market Road, the properties blend historical charm with modern functionality, ideal for educational, institutional, or mixed-use applications. With ample acreage, diverse facilities, and scenic surroundings, this income-generating property presents a compelling investment opportunity. Offered at $3,750,000, it combines location, versatility, and stable tenancy into a rare find.

Location

East Bend

Property Type

Investment Opportunity

Zone

MUA-10 & EFUTRB

Total Number of Buildings

5

Cap Rate

5.65%

22022 Nelson Rd. & 63140 Dickey Rd.

Bend, OR

$3,750,000

Price

10.77 AC

Size

Contact Broker
View LoopNet Listing

Property Highlights

  • 100% occupied by Embark Behavioral Health providing stable and predictable income
  • Reliable income stream with a reputable long-term tenant already in place
  • Mixed-use functionality with educational, administrative, and residential facilities
  • Features building from 1930, 1989, and 2017, offering a blend of character and functionality
  • Over 18,000 SF across multiple buildings, offering versatile and scalable usage options
  • 10.77 acres of well-maintained land with potential for growth or redevelopment
  • ADA compliance, commercial kitchen, clinical offices, and garages for diverse uses
  • Close to Bend’s key roadways, boosting tenant retention and value

Want more information?

Contact our brokers today!

Peter May, CCIM

541.408.3888

Dan Kemp, CCIM

541.550.8413

Emilio Tiscareno, Broker

541.213.9640

Versatile Income-Generating Property