Prime Time Restaurant & Sports Bar — Sale in Forest Grove, OR

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Forest Grove, OR 97116
  • Year built: 2014

Photos

Prime Time Restaurant & Sports Bar — Sale in Forest Grove, OR, photo 1 of 2
Prime Time Restaurant & Sports Bar — Sale in Forest Grove, OR, photo 2 of 2

Investment Figures

Cap rate
1.00%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap has been selected to exclusively market for sale Prime Time Restaurant, a rare opportunity to acquire an established, high-volume restaurant together with the underlying fee simple real estate and all associated trade fixtures and equipment in Forest Grove, Oregon. The offering features a long-standing restaurant generating revenue from multiple complementary income streams, including restaurant operations, banquet events, lottery sales, ATM income, and other ancillary revenue sources, providing a diversified operating platform for future ownership. Situated on approximately 2.94 acres along Pacific Avenue (21,200+ VPD), the Property includes an 8,860-square-foot restaurant with multiple levels, flexible floor plans, approximately 580 feet of frontage, two dedicated ingress and egress points, and 120 on-site parking spaces. Located within one of Forest Grove's premier retail corridors and surrounded by numerous national retailers, the Property benefits from exceptional visibility, strong consumer traffic, and an established customer base, further reinforced by more than 2,360 Google reviews—the highest review count of any restaurant in the city. Beyond the existing business, the Community Commercial zoning provides significant long-term redevelopment potential, permitting a wide variety of commercial, mixed-use, and residential uses, including the potential for approximately 88 residential units. The offering also includes more than $300,000 of furniture, fixtures, equipment, and trade fixtures, while seller financing may be available for qualified purchasers, creating an exceptional owner/user or value-add investment opportunity. Investment Highlights: • HIGH-VOLUME, ESTABLISHED OPERATING BUSINESS • OWNER/USER OR VALUE-ADD INVESTMENT OPPORTUNITY • BUSINESS, REAL ESTATE & TRADE FIXTURES INCLUDED • PREMIER RESTAURANT DESTINATION • ATTRACTIVE SELLER FINANCING AVAILABLE • PRIME RETAIL CORRIDOR SURROUNDED BY NATIONAL TENANTS • EXCEPTIONAL VISIBILITY

Market Context

This retail in Forest Grove, OR is listed for sale. It is offered at an approximate 1.0% capitalization rate, a key benchmark for income-producing retail assets. The building dates to 2014. Compare it against other retail listings for sale in Forest Grove, OR — view the full market.

As of Q2 2026, the Portland retail market showed a 4.7% vacancy rate, and average asking rents near $23.78/SF/yr. Source: multiple brokerage reports, Q2 2026.

Tight vacancy keeps competition for quality space elevated.

Retail market FAQ

Is the Portland retail market tightening or softening?
Vacancy is around 4.7% (Q2 2026).

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