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