63270 Lyman Pl, Bend, OR 97701

28,492 SF | Industrial Building | Bend, OR 97701 | $5,250,000 ($184/SF)

Date Added:
September 16, 2024
Days on Market:
13 days

Asking Price $5,250,000

Property Type
Industrial
Price / Square Foot
$184

Listing Contacts

Dan Kemp
Dan Kemp
Verified Profile
Pat Kesgard
Pat Kesgard
Verified Profile
  • Property Info

Property Overview

This premium industrial building on Bend's north end was fully renovated into a premium cannabis cultivation facility in 2016. No expense was spared with over $2.5M in capital expenditures to properly equip the building. While the space is primed for a premium cultivation facility (including cannabis), it also has the potential for a variety of other indoor cultivation uses along with pharmaceutical manufacturing.
It is fully sprinklered and underwent major improvements to the HVAC system with the installation of 4 split systems outfitted with Quest humidifiers and dehumidifiers to control the climate in each of the 4 grow rooms. A large central nutrient reservoir with distribution throughout the facility was installed to support a streamlined hydroponic grow operation which could be managed from one location in the building.
Situated in the Light Industrial (IL) zone, the property has a 40.6% lot coverage ratio with abundant outside storage and 22 onsite parking spaces with additional street parking. Highlighted by its premier location on the north end of town, this property is one of the few off of Nels Anderson that will remain after the ODOT north corridor expansion. The property features exceptional visibility from the Hwy 97/20 interchange and will have great ingress and egress once the ODOT expansion is completed.
A user can use the building as it is currently designed or as a traditional industrial building modifying the improvements.

Property Details

Class
C
Year Built
1977
Stories
1
Property Subtype
Distribution
Lot Size (sq. ft)
68,389 SF

Highlights

  • Fully sprinklered and air-conditioned state-of-the-art Industrial facility
  • Capital improvements on facility exceeded $2.5 Million
  • Built out to support indoor grow operations of all kinds, including Cannabis
  • Easy ingress/egress for large semi-trucks plus excellent highway access
  • Potential conversion to pharmaceutical manufacturing
  • Fenced outdoor storage area

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