225 SW Century Drive, Bend, OR 97702

$4,125,000
Property Type: Commercial Sale Square Footage: 11,080 Lot Size (sq. ft.): 32,234 Status: Closed
Current Price: $4,125,000 List Date: 5/02/2023 Last Modified: 2/10/2026

Overview

Description

Walt Reilly's is a one-of-a-kind opportunity to own a restaurant/event space on Century Drive directly across from the new West Side Yard. The property went through an extensive multi-million dollar renovation in 2020 that took over 18 months. SDC fees were paid for the current use, an upgrade in excess of $225,000. The remodel featured a state-of-the-art kitchen with walk-in refrigeration, a high-end bar, new restaurant furniture and décor, performance stage and premium surround sound system, 3 golf simulators, 9 hole miniature golf, and a batting cage. A buyer can purchase the building for their own use, or can build off of what the owners have started. Other approved uses for the building include retail sales, office and clinics, day care, conference center, and club. The land is zoned MU, which allows for a variety of commercial uses.

Listing Details MLS# 220163164

General Property Information

Building Area Total
11080
Building Area Source
Assessor
Building Area Units
Square Feet
# of Units Total
Yes
Year Built
1965
New Construction YN
No
Zoning
MU
Tax Annual Amount
16298.05
Tax Year
2022
CC&R's YN
No
FIRPTA YN
No
Sign On Property YN
No

Property Features

Common Walls: No Common Walls Construction Materials: Steel Frame Cooling: Central Air Flooring: Concrete Foundation Details: Slab Heating: Forced Air Levels: One Roof: Composition Utilities: Electricity Connected Parking Features: Asphalt Sewer: Public Sewer Water Source: Private Listing Terms: Cash; Conventional Special Listing Conditions: Standard

Location Tax and Legal

Street Number
225
Street Dir Prefix
SW
Street Name
Century
Street Suffix
Drive
County
Deschutes
State
OR
Postal Code
97702
Subdivision Name
CLAB

Contract Information

Original List Price
4950000
Listing Contract Date
2023-05-01

Remarks and Miscellaneous

Public Remarks
Walt Reilly's is a one-of-a-kind opportunity to own a restaurant/event space on Century Drive directly across from the new West Side Yard. The property went through an extensive multi-million dollar renovation in 2020 that took over 18 months. SDC fees were paid for the current use, an upgrade in excess of $225,000. The remodel featured a state-of-the-art kitchen with walk-in refrigeration, a high-end bar, new restaurant furniture and décor, performance stage and premium surround sound system, 3 golf simulators, 9 hole miniature golf, and a batting cage. A buyer can purchase the building for their own use, or can build off of what the owners have started. Other approved uses for the building include retail sales, office and clinics, day care, conference center, and club. The land is zoned MU, which allows for a variety of commercial uses.

Status Change Information

Close Date
2023-08-31
Under Contract Date
2023-06-12
Status Change Timestamp
2023-09-05
Close Price
4125000
Sold Price per SqFt
372.29

More Information

Currently Not Used

List Price per SqFt
446.75

Business Details

Business Included?
No

Parking Details

Parking
Yes
# of Parking Spaces
23
Listing Office: Compass Commercial Real Estate
Last Updated: February - 10 - 2026
Information deemed reliable but not guaranteed.