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    Forest Grove, OR
    Restaurants

    Forest Grove, OR Restaurants for Sale

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    Cornelius, OR Hillsboro, OR Gaston, OR Banks, OR North Plains, OR Beaverton, OR Gales Creek, OR Newberg, OR
    Downtown Forest Grove Leased Retail
    Updated: Jan 27
    Downtown Forest Grove Leased Retail

    1923-2104 Main Street, Forest Grove, OR 97116

    $2,500,000
    10,268 sqft
    100% leased building providing immediate income.
    Prime location in downtown Forest Grove, a rapidly growing city in Oregon.
    Includes Diversity Cafe, featuring a restaurant, bar, stage, dance floor, and arcade.
    Proximity to Pacific University (two blocks away).
    Substantial total square footage (± 10,268 SF) including Diversity Cafe, B’Lynn’s Candy, and meeting space.
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    This listing looks promising.

    Here's a quick look at some key insights for

    1923-2104 Main Street, Forest Grove, OR 97116

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    • Est. Cap Rate

      6.4%
      Above avg (5.9%)

    • Est. NOI

      $159K
      Annual

    • Price @ 7% Cap

      $2.27M
      Suggested
    View Property Analytics
    Established Restaurant with Fee Simple Real Estate
    Updated: Aug 17
    Established Restaurant with Fee Simple Real Estate

    4450 Pacific Ave, Forest Grove, OR 97116

    Contact for pricing
    8,860 sqft 2.94 AC lot
    8,860‑square‑foot restaurant across multiple levels on approximately 2.94 acres
    Approximately 580 feet of frontage along Pacific Avenue with 21,200+ VPD
    Two dedicated ingress and egress points and 120 on‑site parking spaces
    Community Commercial zoning allows commercial, mixed‑use, and residential uses
    Potential for approximately 88 residential units under the stated zoning
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    Downtown Forest Grove Leased Building
    Downtown Forest Grove Leased Building

    1927 21st Ave, Forest Grove, OR

    Contact for pricing
    10,268 sqft 0.51 AC lot

    Restaurant, bar, stage, dance floor, and arcade included.

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    Based on your search, we've compiled 30 Potential Opportunities for your consideration. Besides 3 Active listings in Forest Grove, OR, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 19 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Established Sushi Restaurant Opportunity
    Established Sushi Restaurant Opportunity

    16165 SW REGATTA #500, Beaverton, OR 97006

    $220,000
    2,394 sqft

    Well-established sushi restaurant in Beaverton for sale.

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    Restaurant Space with Outdoor Seating
    Restaurant Space with Outdoor Seating

    16826 SW Edy Rd, Sherwood, OR 97140

    Contact for pricing
    4,500 sqft

    Second-generation restaurant space with outdoor seating available in Sherwood.

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    Drive-Through Coffee and Billboard Ground Lease
    Drive-Through Coffee and Billboard Ground Lease

    21150 SW Tualatin Valley Hwy, Beaverton, OR 97123

    Contact for pricing
    642 sqft

    Absolute-net leases combine a drive-through coffee operator with a long-term billboard ground lease on a high-traffic corridor.

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    Restaurant Space in Cedar Creek
    Restaurant Space in Cedar Creek

    16826 SW Edy Rd, Sherwood, OR 97140

    Contact for pricing

    Second-generation restaurant space with high visibility and outdoor seating.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Lot in High-Exposure Location
    Commercial Lot in High-Exposure Location

    SE 70th Ave, Hillsboro, OR 97123

    $850,000
    0.37 AC lot

    Build-ready commercial lot in desirable, high-traffic Hillsboro location.

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    Prime Commercial Land in Portland
    Prime Commercial Land in Portland

    7044 NE M L KING Blvd, Portland, OR 97211

    $350,000
    0.16 AC lot

    Cleared CM2 land suitable for development in Woodlawn, Portland.

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    Commercial Land in West Linn
    Commercial Land in West Linn

    West Linn, OR 97068

    $1,400,000
    0.63 AC lot

    0.63 acres of commercial land for sale.

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    Land in Historic Canemah
    Land in Historic Canemah

    Oregon City, OR 97045

    $169,000
    0.23 AC lot

    A 0.23-acre lot with seasonal Willamette views.

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    Off-Market Properties in Forest Grove, OR

    Consider similar Off-Market properties in Forest Grove, OR. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1921 21st Ave
    BAR, TAVERN

    1921 21st Ave, Forest Grove, OR 97116-1637

    $425,000
    Estimated value
    4,160 sqft 0.34 AC lot
    View details
    1931 Main St
    RESTAURANT

    1931 Main St, Forest Grove, OR 97116-2336

    $560,000
    Estimated value
    4,935 sqft 0.11 AC lot
    View details
    1930 21st Ave
    BAR, TAVERN

    1930 21st Ave, Forest Grove, OR 97116-1638

    $215,000
    Estimated value
    0.05 AC lot
    View details
    4450 Pacific Ave
    RESTAURANT

    4450 Pacific Ave, Forest Grove, OR 97116-2201

    $2,465,000
    Estimated value
    8,860 sqft 2.94 AC lot
    View details
    2042 Main St
    RESTAURANT

    2042 Main St, Forest Grove, OR 97116-2335

    $280,000
    Estimated value
    1,500 sqft 0.04 AC lot
    View details
    3007 Pacific Ave
    BAR, TAVERN

    3007 Pacific Ave, Forest Grove, OR 97116-1849

    $385,000
    Estimated value
    1,868 sqft 0.37 AC lot
    View details
    3206 Pacific Ave
    DRIVE-THRU RESTAURANT, FAST FOOD

    3206 Pacific Ave, Forest Grove, OR 97116-1838

    $935,000
    Estimated value
    2,022 sqft 0.57 AC lot
    View details
    1921 Main St
    RESTAURANT

    1921 Main St, Forest Grove, OR 97116-2336

    $620,000
    Estimated value
    5,000 sqft 0.11 AC lot
    View details
    2036 Pacific Ave
    BAR, TAVERN

    2036 Pacific Ave, Forest Grove, OR 97116-2357

    $275,000
    Estimated value
    8,880 sqft 0.17 AC lot
    View details
    1905 Birch St
    RESTAURANT

    1905 Birch St, Forest Grove, OR 97116-2431

    $205,000
    Estimated value
    1,680 sqft 0.11 AC lot
    View details
    4419 Pacific Ave
    DRIVE-THRU RESTAURANT, FAST FOOD

    4419 Pacific Ave, Forest Grove, OR 97116-2255

    $205,000
    Estimated value
    1,736 sqft 0.55 AC lot
    View details
    4455 Pacific Ave
    DRIVE-THRU RESTAURANT, FAST FOOD

    4455 Pacific Ave, Forest Grove, OR 97116-2255

    $495,000
    Estimated value
    2,250 sqft 0.72 AC lot
    View details
    3315 Pacific Ave
    DRIVE-THRU RESTAURANT, FAST FOOD

    3315 Pacific Ave, Forest Grove, OR 97116-1914

    $2,170,000
    Estimated value
    5,095 sqft 0.69 AC lot
    View details
    1702 Pacific Ave
    DRIVE-THRU RESTAURANT, FAST FOOD

    1702 Pacific Ave, Forest Grove, OR 97116-2322

    $455,000
    Estimated value
    1,200 sqft 0.23 AC lot
    View details
    2338 Pacific Ave
    RESTAURANT

    2338 Pacific Ave, Forest Grove, OR 97116-2450

    $495,000
    Estimated value
    1,332 sqft 0.23 AC lot
    View details
    1927 Main St
    RESTAURANT

    1927 Main St, Forest Grove, OR 97116-2336

    $610,000
    Estimated value
    4,935 sqft 0.11 AC lot
    View details
    1900 A St
    BAR, TAVERN

    1900 A St, Forest Grove, OR 97116-2303

    $535,000
    Estimated value
    4,312 sqft 0.11 AC lot
    View details
    2339 22nd Ave
    RESTAURANT

    2339 22nd Ave, Forest Grove, OR 97116-1712

    $175,000
    Estimated value
    1,338 sqft 0.08 AC lot
    View details
    1916 21st Ave
    DRIVE-THRU RESTAURANT, FAST FOOD

    1916 21st Ave, Forest Grove, OR 97116-1638

    $320,000
    Estimated value
    1,024 sqft 0.08 AC lot
    View details

    Forest Grove, OR Restaurants Market Trends and Statistics

    Explore 22 restaurants for sale in Forest Grove, OR, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 29,396 square feet of properties for sale, with an estimated market value of $2,500,000.

    Sale prices for restaurant properties in Forest Grove, OR average $2,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Bars & Pubs 1

    Demographics Overview

    Population 30K
    Population Growth (5Y) +10.6%
    Median Household Income $87,308
    College Educated 44.0%

    High-Yield Neighborhoods for Investment

    Identify Forest Grove submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    97116 $1.9M

    Taxes & Financing

    Tax Rate (average for all types) 1.85%
    Property Tax per SF $18.73 per SF
    Tax Rate vs County Average 0.02 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Washington County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Washington County

    Residential Income

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