1925 21ST AVE Forest Grove, OR 97116
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Price:
$2,200,000
Ft²:
9881
Acres:
0.51
MLS#:
719499867
Lot Size:
20,000 SqFt to .99 Acres
Zone:
TCC
County:
Washington
Yr Built:
1980
Status:
Active
Heat:
Forced Air
Roof:
Flat
View:
City
Area:
Hillsboro, Forest Grove
Courtesy of:
Premiere Property Group, LLC
Remarks:
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.
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