For Sale
$265,000

124 3 St Gresham, OR 97030

Downtown Gresham bar & speakeasy, great opportunity!

Overview

Added:
Dec 11, 2024
Days on market:
131
This exceptional business opportunity presents the chance to acquire Helfer's on 3rd, a thriving two-story bar located in the heart of downtown Gresham, Oregon. The property boasts 4,096 square feet of space, encompassing a main bar area and a unique speakeasy on the lower level. The current lease is a NNN (Net, Net, Net) agreement with a remaining term of 4.5 years, commencing February 12, 2024, and includes annual rent bumps of 3%. The property features 15 parking spaces and is situated at 124 NE 3rd St, Gresham, OR 97030. The asking price is $265,000, with owner carry terms available with a $125,000 down payment. The business is currently operating as a dual-concept establishment, offering a main bar area with Oregon Lottery games and a separate, more intimate speakeasy featuring handcrafted cocktails. The property consists of two units across two stories, classified as Class C. The sale includes the business only

Highlights

  • Helfer's on 3rd, a thriving dual-concept bar in downtown Gresham, OR, is available for sale.
  • The 4,096 square foot property features a main bar area with Oregon Lottery games and a lower-level speakeasy.
  • The property includes 15 parking spaces and is located at 124 NE 3rd St, Gresham, OR 97030.
  • The asking price is $265,000 with owner financing available; $125,000 down payment required.
  • The current NNN lease has 4.5 years remaining (commencing February 12, 2024) with 3% annual rent increases.

Property Details for 124 3 St

Property type
Hospitality properties
Square Feet
4,096 SF
Class
C
Stories
2
Units
2

Location Insight

City
Gresham
County
Multnomah
State
Oregon
Latitude
45.499657472462
Longitude
-122.42921981629
124 3 St, Gresham, Oregon

FAQs

What type of property is this?
Hospitality property - Downtown Gresham bar & speakeasy, great opportunity!
Where is the hospitality property located?
The property is located at 124 3 St Gresham, OR.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: Helfer's on 3rd, a thriving dual-concept bar in downtown Gresham, OR, is available for sale.; The 4,096 square foot property features a main bar area with Oregon Lottery games and a lower-level speakeasy.; The property includes 15 parking spaces and is located at 124 NE 3rd St, Gresham, OR 97030.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
124 3 St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message