Listing provided courtesy of Compass Commercial Real Estate- MLS# 220211399
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498 SW Veterans WayRedmond, OR 97756
Commercial · 2,700 Sq. ft. | 0.55 Acres$526,500
Pending
498 SW Veterans Way Overview
- Time on Site:
- 242 days
- Visits:
- 12
Positioned near the Redmond Airport within the Redmond Enterprise Zone, this 2,700 SF light industrial building offers an excellent owner/user opportunity with a versatile mix of office, warehouse, and covered storage areas. The structure features two roll-up doors providing efficient access for shipping, receiving, or light manufacturing operations. Situated on a 0.88-acre lot with ample yard space, the property allows for outdoor storage or future expansion. Its Light Industrial (M1) zoning accommodates a wide range of business uses. With easy connectivity to Highway 97 and convenient access to Central Oregon's industrial and commercial hubs, the location supports both operational efficiency and long-term growth. Ideal for small manufacturers, service contractors, or local distribution users seeking a flexible and accessible industrial facility in a thriving Redmond submarket.
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498 SW Veterans Way Facts & Features
- Type Commercial
- Sq. ft. 2,700
- Price/Sq.ft. $195
- Lot 0.55 Acres
Details
General
Building Information
- New Construction: false
- Year Built: 2000
Location/Region
- County Or Parish: Deschutes
Tax Information
- Tax Year: 2024
General Information
- Listing Terms: Cash,Conventional
- Parcel Number: 150711
- Property Type: Commercial Sale
- Special Listing Conditions: Standard
Interior
Beds/Baths
- Bathrooms Total: 0
Building Interior
- Building Area Source: Assessor
- Building Area Total: 2700.0
General Information
- Common Walls: No Common Walls
- Flooring: Concrete
- Foundation Details: None
- Levels: One
Exterior
Parking Information
- Parking Features: Asphalt,Parking Lot
Lot Information
- Additional Parcels Description: Listing also includes Map and Taxlot 151321AB00500 which is 0.33 acres for a total of .88 acres between the two tax lots.
- Additional Parcels: true
- Lot Size Acres: 0.55
- Lot Size Area: 0.55
- Lot Size Square Feet: 23958.0
- Lot Size Units: Acres
- Water Source: Public
Building Exterior/Construction
- Attached Garage: false
- Roof: Metal
General Information
- Number Of Units Total: 1
- Sewer: Public Sewer
498 SW Veterans Way Neighborhood
Community
97756 (Redmond) Demographics
39
Median Age
348
Population Density (per sq. mile)
35%
College Educated
$66,120
Estimated Median Income
10,234
Estimated Total Home Owners
5,018
Estimated Total Renters
67% / 33%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.498 SW Veterans Way Monthly Cost
498 SW Veterans Way Market Data
Based on the last 30 days in this zip code
$685,981
Average List Price
$361
Average Price per Square Foot
98
Properties Sold
104
Average Days on Market
507
Properties for Sale
498 SW Veterans Way History
| Date | Value | Agent |
|---|---|---|
| 2/1/2026Source: Oregon Datashare | Pending |
|
| 10/30/2025Source: Oregon Datashare | October 30, 2025 |