$1,100,000
Est. $5,766/mo3 bd•0.5 ba•1,810 sq ft
312 E Park Street, North Bend, WA 98045
• Listed 2026-05-26•4 days on market
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INVESTMENT OPPORTUNITY IN DOWNTOWN NORTH BEND! Rare downtown commercial-zoned property offering exceptional live/work flexibility & mixed-use redevelopment potential in the heart of North Bend. Currently operating as an income-producing single-family residence with tenants in place, this property provides immediate cash flow while you plan your future vision. The attached front garage was previously utilized for a business & includes a half bath, creating potential for storefront, office, studio, or service-based commercial use. The home’s unique multi-level layout features separate living spaces with individual entrances, making it an ideal candidate for condo conversion, multi-generational living, or mixed-use redevelopment. The lower level includes two bedroom/living areas, each with private entrances & ensuite baths. Upstairs, you’ll find an additional living space with separate access, a bedroom with ensuite bath, plus a Great Room, Kitchen, and half bath. A detached two-car shop/garage may offer ADU potential (buyer to verify). With dual zoning and strong redevelopment possibilities, this property is ideal for investors, developers, or owner-users seeking long-term upside. DC zoning typically supports retail, office, service businesses, lodging, mixed-use residential, upper-floor housing, and select low-impact commercial uses. Opportunities like this are increasingly rare in downtown North Bend. Buyer to verify all zoning, redevelopment, and permitted-use information.
Listed by Lisa A Scivally • Cascade Properties & Invest.
Listing updated: May 27, 2026 at 03:57pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2513609
Open houses
No upcoming open houses scheduled for this property.
5 recent nearby sales, priced between $935K and $1.13M.
$990,000Last sold price
430 Ne 4th Street, North Bend, WA 98045
$935,000Last sold price
795 Ne 2nd Street, North Bend, WA 98045
$1,125,000Last sold price
860 Se 10th Street, North Bend, WA 98045
$6,866 per month
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North Bend is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 30 days.
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Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
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Ask a RexMont agentMarket data via RentCast · Updated Jun 2026
Schools shown are the nearest public Elementary, Middle, and High school for this property. School district boundaries change — verify the assigned school with the district before purchasing.