1925 21ST Ave, ForestGrove, OR 97116
sale
$1,900,000
|
Other
Courtesy Of Premiere Property Group, LLC
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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Property Features
- Age: 41-50 Years Old
- Cooling System: Central Air
- Exterior Type: Concrete
- Exterior Type: WoodFrame
- Heating System: Forced Air
- Legal Description: WALKERS ADDITION TO THE TOWN OF FOREST GROVE, BLOCK 2, LOT PT 1
- MLSID: 719499867
- Roof Type: Flat
- View Type: City
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