124 3 StGresham, OR 97030
- Hospitality properties
- 4,096 SF
Property Details for 124 3 St
- Property size (Sq ft)
- 4,096 SF
- Property type
- Hospitality properties
Description
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
Location Insight
- City
- Gresham
- County
- Multnomah
- State
- Oregon
- Latitude
- 45.4997
- Longitude
- -122.429
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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