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31467516
31467515

639 SW 8th St, Redmond, OR 97756

RH
OR OR 200407143
Compass Commercial Real Estate Services
KS
OR 201219020, NRDS 698511638
Compass Commercial Real Estate Services
EH
OR 201241227
Compass Commercial Real Estate Services
Listed by Compass Commercial Real Estate Services
$990,000
89 days on market
Updated 20 days ago

639 SW 8th St

Details
APN 151316AC04100
Property Type Land, Business for Sale
Sub Type Business and Building
Cap Rate 8.50%
NOI $84,179
Tenancy Vacant
Year Built 2007
Acreage 0.230
Zoning Central Business District Commercial (C2)
Parking Spaces 11 spaces
Investment Type Value Add
Ground Lease No

639 SW 8th St, Redmond, OR 97756

Marketing description

639 SW 8th Street is a downtown Redmond food truck lot and taphouse site being offered for sale with both the land and the operating business included. The ±0.23-acre property is set up with dedicated food truck infrastructure for day-to-day use, including six winterized truck pads with dedicated hookups, customer seating, and a central gathering area.

The site has received recent upgrades that support operations, including new 600-amp electrical service with dedicated meters for the pads, a full fresh and grey water system, and a new 1-inch city water meter (buyer to verify). The existing taphouse structure is fully plumbed and includes service features such as a dump sink, ice well, hand wash sink, stainless shelving, hot water heater, HVAC components, and an audio receiver with exterior speakers. A newer awning and cafe lighting support outdoor seating.

The business operates as 1/8th Street Patio and can be kept as-is or rebranded with a new concept. Renderings are provided for reference only and show one possible approach to maximize year-round use by replacing the current smaller taphouse with a larger building that includes indoor seating. Buyer to complete all due diligence related to redevelopment, permits, and feasibility. Seller may provide transition support and consulting for up to one year, subject to mutually agreeable terms.

Investment highlights

  • Six winterized pads - Dedicated hookups support year-round food truck use
  • Upside potential - Room to expand indoor seating and grow year-round revenue
  • Overlay Zone - Downtown Overlay location may qualify for City grant programs
  • Opportunity Zone - Location may offer additional tax benefits; buyer to verify
  • Land + Business Included - Buy the real estate and operating business in one sale
  • Downtown Redmond - Central location near downtown activity and local amenities
  • Brand Flexibility - Operate as 1/8th Street Patio or launch your own brand
  • Nearby Venue - Adjacent to High Desert Music Hall concerts and events

Listing Contacts

RH
OR OR 200407143
Compass Commercial Real Estate Services
KS
OR 201219020, NRDS 698511638
Compass Commercial Real Estate Services
EH
OR 201241227
Compass Commercial Real Estate Services
Listed by Compass Commercial Real Estate Services

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$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$84,179.00
$7,014.92/mo

Valuation Metrics

0
DSCR
8.5%
Cap Rate
8.5%
ROI

Map

Zoning

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C2 CommercialCore CommercialCentral Business District Commercial
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Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Russell Huntamer
License
OR 200407143
Brokerage
Compass Commercial Real Estate Services
Title
Principal Broker
Brokerage Address
600 Southwest Columbia Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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