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    290 N 3Rd St Harrisburg, OR 97446

    For Sale
    $599,900

    COMMERCIAL - Harrisburg, OR

    Property size:
    2,304 SF
    Lot size:
    0.14 Acres
    Days on Market:
    132
    Last Refresh:
    Dec 11 at 7:06 am

    Property Features for 290 N 3Rd St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    C-1
    APN
    0326690
    Size
    2,304 SF
    Lot size
    0.14 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1960

    Premiere Property Group, LLC (503) 670-9000 [email protected]

    Listing agent Theresa Monahan (503) 670-9000

    Listing date Aug 2, 2025

    Copyright © 2025 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Restaurant Building on Commercial Corner

    Located on a commercial corner in Harrisburg, Oregon, this property features a restaurant building and land. The site benefits from a long-term tenant with stable occupancy and below-market rents. The building has visibility and a customer base. On-site parking is limited, but additional parking opportunities are available nearby. The property is part of a larger multi-parcel portfolio, with the potential to acquire up to an entire city block. The property is zoned C-1 and the lot size is 0.14 acres. The building size is 2,304 square feet. The property is located at 290 N 3RD St, Harrisburg, OR 97446.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    99 Grill Restaurant American Restaurant

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Harrisburg
    County
    Linn
    State
    Oregon
    Longitude
    -123.170642
    Latitude
    44.273658

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    FAQs

    What type of property is this?
    Restaurant - Restaurant building with long-term tenant in Harrisburg, Oregon.
    Where is this restaurant located?
    The property is located at 290 N 3Rd St Harrisburg, OR.
    What is the asking price?
    The asking price for this property is $599,900.
    What are key features of this property?
    This property features: - Well-known Highway 99 Grill restaurant building and land on a prominent commercial corner.; - Excellent investment opportunity with a long-term tenant and stable occupancy.; - Potential 10% cap rate based on below-market rents.
    (503) 670-9000
    Request Owner's contact information
    290 N 3Rd St Harrisburg, OR 97446
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    Harrisburg, OR 97446
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    290 N 3Rd St Harrisburg, OR 97446
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