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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

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.

Supplements: ********

More Information MLS# 220163164

Location, Tax, and Legal

Cross Street: Simpson Ave. Section: SW Parcel Number: 106778 Tax Map Number: 181206A000708 Lot Size Acres: 0.74 Lot Size Square Feet: 32234 Additional Parcels YN: No

Currently Not Used

List Price per SqFt: 446.75

General Property Information

Building Area Total: 11080 Building Area Source: Assessor Building Area Units: Square Feet # of Units Total: 1 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 Year Built: 1965

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

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

Common Walls

No Common Walls: 1

Cooling

Central Air: 1

Construction Materials

Steel Frame: 1

Flooring

Concrete: 1

Listing Terms

Cash: 1 Conventional: 1

Foundation Details

Slab: 1

Heating

Forced Air: 1

Levels

One: 1

Roof

Composition: 1

Business Details

Business Included?: No

Parking Features

Asphalt: 1

Sewer

Public Sewer: 1

Utilities

Electricity Connected: 1

Water Source

Private: 1

Parking Details

Parking: Yes # of Parking Spaces: 23

Special Listing Conditions

Standard: 1

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 Current Price: $4,125,000 Status: Closed Sold Price: $4,125,000 Listing Contract Date: 2023-05-01

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
Listing Office: Compass Commercial Real Estate
Last Updated: February - 10 - 2026
Information deemed reliable but not guaranteed.