1925 21st Ave

Forest Grove, OR 97116
  • $1,900,000

    Price
  • 9,881

    SqFt
  • 0.51

    Acre

About the Listing PPGR14 - GILLEYAM,SPRYCHRI

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.

Listing Highlights for 1925 21st Ave

Status Active
Days on Site 185
Property Type Commercial Sale
MLS ® 719499867
Year Built 1980
Total Square Footage 9,881
Lot/Acreage 0.51

Interior Details

  • Appliances: Fixtures,Furniture
  • Air Cond: Central Air
  • Heating: Forced Air
  • Fireplaces:
  • Floor:
  • Basement:
  • Other:
  • Water: Public Water

Exterior Details

  • Garage Capacity: N/A
  • Zoning: TCC
  • Roof: Flat
  • Others: Updated/Remodeled
  • Sewer: Public Sewer
  • Parking Features: Off Street

Financial Details

  • Tax Amount: $11,225
  • Taxes w/Assessments: N/A
  • Tax/Property ID: R746599
  • Tax Year: N/A

Payment Calculator

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Listing Location

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1925 21st Ave Forest Grove, OR 97116

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Originating MLS: Regional Multiple Listing Service, Inc.

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