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$3,500,000 Just Listed
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Property Description
Rare opportunity to acquire a vacant 13,936 SF retail and warehouse facility in a highly visible Redmond location. The 0.93-acre property is zoned Central Business (C2) and was originally built in 1963, with renovations completed in 2023. The building features approximately 2,407 SF of open retail showroom, 368 SF of restroom area, 3,510 SF of warehouse space with a 14 ft. roll up door, and 7,944 SF of storage. The property offers 49 shared onsite surface parking spaces, pylon signage on NW 5th Street, excellent access and visibility, and the potential to deliver the entire building vacant for an owner-user.
Full Property Details
Full Property Details for 798 NW 5th St
General
- Price: $3,500,000
- Taxes: $16,087 (2025)
- Status: Active
- Type: Commercial
- Source: ODS
- MLS ID: 220225269
- Updated: 7/14/2026
- Added to Site: 1 day(s) ago
Interior
- Flooring: Concrete
Parking
- Total Spaces: 49
- Parking Features: Asphalt, Parking Lot
- Parking: Primary Suite
Location
- Area: 13936
- County: Deschutes
- Subdivision: Fair Acres
- Cross Streets: NW Greenwood Ave
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Zoned
- Heating Type: Zoned
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Foundation: Slab
- Roof: Membrane
- Common Walls: No Common Walls
- Stories/Levels: 1
- Square Feet: 13,936
- Sq. Ft. Source: Assessor
- Year Built: 1963
Lot Features
- Lot Size (Acres): 1.05
- Lot Size (Sq. Ft.): 45,738
- Zoning: C2
Financial Considerations
- Price Per Sq. Ft.: $251.15
- Tax Amount: $16,087.37
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- APN: 122611
- Section: NW
- Lot Number: PT 78
Listed by Compass Commercial Real Estate (541) 383-2444, Russell A Huntamer (541) 383-2444
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Schools
Schools serving 798 NW 5th St
School District:Redmond School District 2j
| Name | Grades | Distance |
|---|---|---|
John Tuck Elementary School 209 Northwest 10th Street, Redmond, OR 97756 | K-5 | 0.5 mi |
Elton Gregory Middle School 1220 Northwest Upas Avenue, Redmond, OR 97756 | 6-8 | 1.5 mi |
Redmond High School, Redmond, OR 675 Southwest Rimrock Way, Redmond, OR 97756 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 798 NW 5th St
Date
Details
Price
Change
Source
7/14/2026
Listed
$3,500,000
8360.24%
MLS
8/22/2019
Sold
$41,370
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 798 NW 5th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$16,087
4%
$789,000
3%
2024
$15,434
5%
$766,020
3%
2023
$14,760
14%
$743,710
6%
2021
$12,974
-6%
$701,020
—
2022
$13,833
7%
$701,020
3%
2021
$12,974
24%
$680,605
17%
2019
$10,469
3%
$583,960
3%
2018
$10,209
2%
$566,960
3%
2017
$9,966
1%
$550,450
3%
2016
$9,828
3%
$534,420
3%
2015
$9,528
3%
$518,860
3%
2014
$9,277
3%
$503,750
3%
2013
$9,017
—
$489,080
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 798 NW 5th St
798 NW 5th Street, Redmond, OR 97756 (MLS# 220225269) is a Commercial property. 798 NW 5th Street is currently listed for $3,500,000 and was received on July 14, 2026. Want to learn more about 798 NW 5th Street? Do you have questions about finding other Commercial real estate for sale in Redmond? You can browse all Redmond real estate or contact a Coldwell Banker agent to request more information.

