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Listed by Premiere Property Group, LLC

$1,900,000

Est. payment - /mo

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9,881 SqFt

Price Dropped by $300K

1925 21ST AVE Forest Grove, OR 97116

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Tommy Jedrzejczyk

tommy@tltre.com +1(503) 506-4646

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 9,881 sqft

Price per Sqft $192

MLS Listing ID 719499867

Year Built 1980

Annual Tax Amount $11,224

Tax Year 2025

Lot Size 0.510 Acres

Property Sub-Type Commercial

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.

Location

State OR

County Washington

Area _152

Zoning TCC

Interior

Heating Forced Air

Cooling Central Air

Equipment Fixtures, Furniture

Exterior

View City

Roof Type Flat

Garage No

Building

Sewer Public Sewer

Water Public Water

Others

Acceptable Financing CallListingAgent

Listing Terms CallListingAgent

Regional Multiple Listing Service (RMLS)

NEARBY SCHOOL & BUSINESS

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