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NNN Brewery Property Assemblage
For Sale
$3,750,000

20-24 NW Greenwood Ave & 21-35 NW Kearney Ave, Bend, OR 97701

Four-parcel brewery assemblage with two buildings and an in-place 25-year NNN tenant.

Property Size10,708 SF
Days on Market50

Property Features for 20-24 NW Greenwood Ave & 21-35 NW Kearney Ave

General Information

Standard status Active
Size 10,708 SF
Property subtype Retail

Additional Details

Business Included Yes

Building Details

Building Size 10,708 SF
Year Built 1940
Listing Agency: NAI Cascade Commercial Real Estate Services, Worldwide
Listed By: Paul Evers · License #OR #201253613
Source: Naiglobal
Added: Jun 23 Changed: Aug 10 Last Checked: Aug 11 at 5:10AM

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.

This offering is a four-parcel assemblage featuring two buildings operated as the Silver Moon Brewing property. The assemblage is anchored by a legacy tenant operating under a net lease structure, providing an established in-place income stream associated with the current tenant. The overall configuration is designed around the brewery operations contained within the two-building setup across the combined parcels.

The property is located in the heart of downtown Bend, Oregon, with the two buildings situated across the parcel group defined by the listed NW Greenwood Ave and NW Kearney Ave addresses. This central placement is part of the asset’s stated appeal, reflecting its position within the Central Business District area.

For buyers seeking a turn-key, leased specialty use, the combination of a multi-parcel structure and a long-tenured brewery operator under a NNN lease supports straightforward underwriting based on the existing lease commitment. The two-building layout can also offer practical flexibility for future tenant or use considerations within the same controlled parcel footprint. This is a focused, specialty property opportunity with current occupancy tied to a 25-year legacy tenancy.

Key Highlights

  • Four‑parcel brewery assemblage in downtown Bend
  • Two buildings on the property
  • Year built: 1940

Property Analytics

Current Use

Breweries

Suggested Use

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

4,067
Businesses Nearby

Demographics for 97701, OR

42,159
Population
19,020
Households
2.2
Avg Household Size
38
Median Age
42%
College-Educated
94%
High-School Grad
311.8 sq mi
ZIP Area
135
Density / Sq Mi
$77,969
Median Household Income
$47,431
Median Earnings
$1,700
Median Rent
$567,800
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 brewery assemblage with two buildings and an in-place 25-year NNN tenant.
Where is this brewery located?
The property is located at 20-24 NW Greenwood Ave & 21-35 NW Kearney 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 brewery assemblage in downtown Bend; Two buildings on the property; Year built: 1940
More about this property
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