1925 21st Ave, Forest Grove, OR 97116

$2,200,000

20 Total Photos [Click to View All]

Property Description

Exceptional opportunity to acquire a nearly 10,000 sq ft commercial building in the heart of downtown Forest Grove. This fully leased asset operates at 100% occupancy with four established tenants, delivering immediate, stabilized income.The sale includes the well-known, high-traffic restaurant and nightclub, Bullets, Burgers & Brews, along with associated business assets-offering a rare turnkey opportunity combining both real estate and operating business ownership.Strategically positioned in a strong downtown corridor, the property benefits from consistent foot traffic, excellent visibility, and a vibrant mix of surrounding businesses that support long-term tenant demand. The building is located along the annual Christmas parade route and sees increased seasonal activity from the popular Wednesday Farmers Market, further enhancing exposure and customer draw.On-site parking includes approximately 15 private spaces, complemented by ample street parking-an added advantage in a downtown setting.With full occupancy, diversified income streams, and potential for future rent growth, this asset offers a compelling blend of stable cash flow and upside potential.Detailed financials and lease information available upon execution of a signed NDA.

1925 21st Ave | MLS# 719499867

This commercial property located at 1925 21st Ave, Forest Grove, OR 97116 is currently listed for sale with an asking price of $2,200,000. Search Forest Grove real estate on daniellegates.bendpremierrealestate.com today.

Property Features

Property Type: Commercial - Business
Cooling: Central Air
Fuel Type: Electricity, Gas
Heating: Forced Air
Lot Size: 0.51 Acres
Roof Type: Flat
Taxes: $11,225
Year Built: 1980
Square Feet: 9,881

Feature Descriptions

Miscellaneous Features: ConformstoADA
Parking Notes: OffStreet
Present Use: Bar, Restaurant, Retail
Road Surface: Paved
Sewer: Public Sewer
Special View Info: City
Truck Door: None
Water: Public Water

Listed By / Shown By

Listed By

Agency Name: Premiere Property Group, LLC
Agency Phone: 503-670-9000

Shown By

Agent Name: Danielle Gates Principal Broker
Agent Phone: (541) 921-7130
Agency Title: Bend Premier Real Estate

IDX logo

Login to My Homefinder

Pixel