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    305 Smith St Harrisburg, OR 97446

    For Sale
    $624,900

    COMMERCIAL - Harrisburg, OR

    Property size:
    1,556 SF
    Lot size:
    0.18 Acres
    Days on Market:
    112
    Last Refresh:
    Dec 15 at 8:06 am

    Property Features for 305 Smith St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    C-1
    APN
    0326740
    Size
    1,556 SF
    Lot size
    0.18 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    2012
    Floors in Building
    1
    Building materials
    Brick
    Roof type
    Flat

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

    Listing agent Theresa Monahan (503) 670-9000

    Listing date Aug 26, 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

    Harrisburg Commercial Property For Sale

    This commercially zoned property, located on a high-visibility corner lot, presents an excellent investment opportunity. The property, which includes both land and building, is currently leased to Subway, a strong long-term tenant. The location offers outstanding exposure and consistent income, making it ideal for long-term growth. The property is situated in a high-demand commercial corridor. The property size is 1556 square feet and the lot size is 0.18 acres. Intended use of the property is commercial. Potential business uses include retail and restaurants.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Subway Caterer

    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
    -123.170782
    Latitude
    44.272501

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    FAQs

    What type of property is this?
    Drive through restaurant - High-visibility corner lot leased to Subway, a long-term tenant.
    Where is this drive through restaurant located?
    The property is located at 305 Smith St Harrisburg, OR.
    What is the asking price?
    The asking price for this property is $624,900.
    What are key features of this property?
    This property features: - High-visibility corner lot location; - Leased to established national tenant (Subway); - Consistent income with strong lease terms
    (503) 670-9000
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    305 Smith 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
    305 Smith St Harrisburg, OR 97446
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