auction-catalog-1502-new - page 55

53
South Canal Blvd. Apartment and Commercial Development Site
Redmond, Oregon
106
PUBLISHED RESERVE: $525,000
LAST ASKING: $699,000
SIZE: 10.67± Acres
ZONING: C – 1 Strip Commercial
PROPERTY INSPECTION: At Any Time
FINANCING: None – All Cash
DESCRIPTION: This 10.67± acre mixed-use development site is located in the Central Oregon resort
community of Redmond, along Canal Blvd and just west of Highway 97 near the Big R Store – farm
and garden retailer, and near a retail center with Dollar Tree, Rent-A-Center, Sherwin-Williams Paint
Store, and Big Country RV.
The property is zoned C – 1 Strip Service Commercial, which also allows for high-density and multi-
family development.
The irregular-shape site has 688± feet of frontage along S. Canal Street, 350± feet along SW Meadow
Lane, and access from Volcano Avenue off 17th Street. The property has some frontage along the
Central Oregon Irrigation District Canal on the southeast site.
The configuration of the site, and the zoning, provide opportunity to develop high-density housing, or
apartments, in the western portion of the property along South Canal Blvd. and SWMeadow Lane, and
OR FAX FORM ON PAGE 119 TO 503-242-1814
S. Canal Boulevard
Meadow Lane
Volcano Avenue
Highway 97
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