East Bend's former Costco store now available for purchase
The old Costco location in east Bend, Oregon, which was previously available for lease, is now actively up for sale[1]. The property, located at 2500 NE US-20 Hwy in the Forum Shopping Center, was owned by Costco and is now listed for sale [3].
The sale of the property was made quiet, with offers due by April 30, 2025. However, no public updates or confirmed interest have been disclosed at this time. The City of Bend has stated they are unaware of any interest in the site and have recommended contacting the owners for further information [1].
The commercial real estate company handling the sale declined to comment on whether there are any buyers [1]. A local Realtor, Austen Anderson of ENGEL & VÖLKERS Bend, suggested that potential investors are cautious due to the current economic conditions and might wait before purchasing such a large commercial property [1].
The old Costco location is a massive space, with the property boasting a significant footprint. While it has good bones, there is a small pocket that is unkept [1]. The property remains a commercial property of interest, with its strategic location on the corner of U.S. Highway 20 and Robal Lane making it a prime spot for businesses [2].
It's worth noting that the current financial policy is different from the previous one, and commercial investment was different in previous years [2]. With people watching their wallets more closely than they did in 2020 or 2021, the market conditions have investors cautious about large commercial acquisitions in Bend currently [1].
The old Costco in Bend moved to a new location on the north side of Bend in October 2024 [2]. The old location, which is still available for lease or sale, offers a unique opportunity for businesses looking to establish a presence in the heart of the city.
In conclusion, the old Costco location in east Bend is actively for sale, with no confirmed buyers publicly disclosed. Market conditions have investors cautious about large commercial acquisitions in Bend currently. Interested parties are encouraged to reach out to the owners for more information.
References:
[1] KTVZ News Channel 21. (2025, April 27). Old Costco location in Bend for sale, but no confirmed buyers yet. Retrieved from https://www.ktvz.com/news/local-news/old-costco-location-in-bend-for-sale-but-no-confirmed-buyers-yet
[2] The Bulletin. (2024, October 1). Costco moves to new location on north side of Bend. Retrieved from https://www.bendbulletin.com/news/local/costco-moves-to-new-location-on-north-side-of-bend/article_edaf9c7e-b43a-5426-a15c-10c6459398e4.html
[3] LoopNet. (2025, April). 2500 NE US-20 Hwy, Bend, OR 97701. Retrieved from https://www.loopnet.com/Listing/2500-NE-US-20-Hwy-Bend-OR-97701/14400534/
Investors are waiting to see if they will purchase the massive real-estate property that was once a Costco location in east Bend, Oregon, due to the current economic conditions and market uncertainty. No public updates or confirmed interest have been disclosed regarding the property, which remains actively up for sale.
