Listing provided courtesy of Century 21 North Homes Realty- MLS# 220219124MLS Provider

122 SW 5th StreetRedmond, OR 97756

Commercial · 768 Sq. ft. | 0.23 Acres
$1,095,000 Active

122 SW 5th Street Overview

Time on Site:
79 days
Visits:
4

Presenting a rare opportunity to acquire a fully operational, income-producing food cart pod complex in the heart of Downtown Redmond, Oregon - the Hub of Central Oregon and one of the Pacific Northwest's fastest growing cities. Redmond Food Park at 122 SW 5th Street is a purpose-built, 8-station food cart pod with all utility infrastructure (water, sewer, electric 50amp and 20amp plugs) plumbed to each station (all utilities included except propane). The property also includes a separately leased restaurant space generating stable rental income. An adjacent lot is leased for overflow customer parking. A covered and heated common area structure was added in 2025, extending the usable season and driving year-round foot traffic. This Summer, all 8 pods will be fully leased. One of the sellers is a licensed Broker in the State of Oregon.

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122 SW 5th Street Facts & Features

  • Type Commercial
  • Sq. ft. 768
  • Price/Sq.ft. $1,426
  • Lot 0.23 Acres

Details

General

Income/Expenses

  • Gross Income: 134400.0
  • Net Operating Income: 86674.0
  • Operating Expense: 63987.0

Building Information

  • New Construction: false
  • Year Built: 1929
  • Year Established: 2022

Business Information

  • Number Of Full Time Employees: 0
  • Number Of Part Time Employees: 0

Location/Region

  • County Or Parish: Deschutes
  • Subdivision Name: Townsite Of Redmond

Rent/Lease Information

  • Tenant Pays: Gas,Insurance

Tax Information

  • Tax Annual Amount: 3315.76
  • Tax Year: 2025

General Information

  • Exclusions: Fridge/freezer
  • Inclusions: kitchen range/hood/sinks/walkin
  • Listing Terms: Cash
  • Parcel Number: 127533
  • Property Type: Commercial Sale
  • Special Listing Conditions: Standard

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Source: Assessor
  • Building Area Total: 768.0

General Information

  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Foundation Details: Stemwall
  • Levels: One
  • Security Features: Smoke Detector(s)

Exterior

Parking Information

  • Parking Features: Alley Access,Asphalt,Attached,Gravel,On Street,Parking Lot

Lot Information

  • Additional Parcels: false
  • Lot Features: Fenced,Landscaped,Level
  • Lot Size Acres: 0.23
  • Lot Size Area: 0.23
  • Lot Size Square Feet: 10018.8
  • Lot Size Units: Acres
  • Road Surface Type: Paved
  • Water Source: Public

Waterfront/View

  • View: City,Neighborhood

Building Exterior/Construction

  • Attached Garage: true
  • Construction Materials: Frame
  • Roof: Composition

General Information

  • Number Of Units Total: 1
  • Other Structures: Gazebo
  • Sewer: Public Sewer

122 SW 5th Street 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
Community data courtesy of LiveBy, Inc.

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.

122 SW 5th Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

122 SW 5th Street 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
Calculations provided by Reliance Network

122 SW 5th Street History

Date Event Value Agent
4/11/2026Source: Oregon Datashare Added to Database
April 11, 2026