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Multi-Parcel Brewing & NNN Property
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20-24 NW Greenwood Ave, Bend, OR 97703

Four-parcel brewing assemblage with two buildings and a long-term NNN tenant, plus potential space flexibility.

Property Size10,708 SF
Price / SF$350.21
Days on Market54

Property Features for 20-24 NW Greenwood Ave

General Information

Standard status Active
Size 10,708 SF
Total Parking Spaces 27
Property subtype Retail
Zoning Commercial Business District
Occupancy 100%
Lease Type NNN
Investment Type Net Lease

Additional Details

Business Included Yes

Building Details

Year Built 1940
Year Renovated 1970
Buildings 2
Tenancy Single
Listing Agency: NAI Cascade Commercial Real Estate Services, Worldwide
Listed By: Paul Evers · License #OR 201253613
Source: Crexi
Added: Jun 18 Changed: Aug 8 Last Checked: Aug 9 at 2:54PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Cascade Commercial Real Estate Services, Worldwide

Investment Insights

Based on property information with market context.

The Silver Moon Brewing property is a four-parcel assemblage spanning two buildings, structured around an existing 25-year legacy tenant operating under a NNN lease. The configuration combines dedicated brewery and downtown facility space with ownership flexibility tied to how functions may be consolidated going forward. The offering includes the real estate and the in-place operating setup that supports stable, ongoing usage.

The property is located in downtown Bend, Oregon, where it serves as part of the area’s craft beverage footprint. In early 2026, Silver Moon Brewing joined four other Central Oregon craft beverage brands to form the Oregon Beverage Collective (OBC), a shared production and operations partnership intended to preserve each brand’s flagship pub as its community anchor.

From an ownership and tenant-fit perspective, this is a practical match for buyers looking for a combination of in-place NNN income and optionality within the same downtown package. If certain functions are consolidated as part of the OBC arrangement, a portion of the downtown facility could be made available for another tenant or for an owner-user seeking additional space within the property. The structure also supports buyers evaluating a 1031 exchange strategy or a blended approach combining investment and occupancy goals.

Key Highlights

  • Four‑parcel assemblage in downtown Bend, OR, spanning two buildings.
  • Built in 1940.
  • Anchored by a 25‑year legacy tenant under an NNN lease.

Property Analytics

Current Use

Breweries

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Fish Market Grocery & Convenience Store Tanning Salon Supermarket

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

3,416
Businesses Nearby

Demographics for 97703, OR

32,475
Population
16,032
Households
2
Avg Household Size
45
Median Age
60%
College-Educated
98%
High-School Grad
269.8 sq mi
ZIP Area
120
Density / Sq Mi
$118,160
Median Household Income
$52,182
Median Earnings
$1,831
Median Rent
$915,900
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Brewery - Four-parcel brewing assemblage with two buildings and a long-term NNN tenant, plus potential space flexibility.
Where is this brewery located?
The property is located at 20-24 NW Greenwood Ave Bend, OR.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: Four‑parcel assemblage in downtown Bend, OR, spanning two buildings.; Built in 1940.; Anchored by a 25‑year legacy tenant under an NNN lease.
(541) 706-9370 Call to check price and availability
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