Convenience Store with Dedicated
170/190 N 3rd St Harrisburg, OR 97446
For Sale
$549,000
Land and building sale includes a convenience store and 12 dedicated parking spaces with long-term tenant in place.
Lot Size0.32 Acres
Days on Market363
Property Features for 170/190 N 3rd St
General Information
Standard status
Active
Lot size
0.32 Acres
Property subtype
Commercial
Building Details
Year Built
2003
Listing Agency:
Premiere Property Group, LLC
(503) 805-7055
Listed By:
Theresa Monahan
(503) 805-7055
Source:
Allprofessionalsre
Added: Aug 2, 2025
Changed: Jul 25
Last Checked: Jul 29 at 1:02PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Premiere Property Group, LLC
Investment Insights
Based on property information with market context.
For sale: land and building only currently operated as a convenience store, offered with a long-term tenant in place. The site includes the convenience store building and 12 dedicated parking spaces, positioned for strong visibility along the street. Public remarks indicate high daily car counts and excellent street frontage.
The property is located at 170/190 N 3rd St in Harrisburg, Oregon. It also benefits from being part of a larger multi-parcel portfolio, with the opportunity to own up to nearly a full city block across the combined parcels.
According to the provided remarks, the tenant is established with an average tenancy in the center exceeding 11 years. Please do not disturb the tenant. Contact for financials and full portfolio details.
The property is located at 170/190 N 3rd St in Harrisburg, Oregon. It also benefits from being part of a larger multi-parcel portfolio, with the opportunity to own up to nearly a full city block across the combined parcels.
According to the provided remarks, the tenant is established with an average tenancy in the center exceeding 11 years. Please do not disturb the tenant. Contact for financials and full portfolio details.
Key Highlights
- Convenience store land and building for sale, built in 2003
- 0.32‑acre site with a convenience store building and excellent street frontage
- 12 dedicated on‑site parking spaces
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $90.4k | $32.28 |
| − Vacancy | −$28.9k | −$10.33 |
| EGI | $61.5k | $21.95 |
| − OpEx | −$15.4k | −$5.49 |
| NOI | $46.1k | $16.46 |
2,800 SF · lease $32.28/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$658.5K
$576.2K – $768.3K
NOI $46,096 @ 7.0% cap · market cap 8.40%
Second Best
Retail
$614.6K
$537.8K – $717.1K
NOI $43,023 @ 7.0% cap · market cap 7.84%
Theoretical Best
Office A
$815.7K
$713.7K – $951.6K
NOI $57,098 @ 7.0% cap · market cap 10.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Land and building sale includes a convenience store and 12 dedicated parking spaces with long-term tenant in place.
Where is this grocery and convenience store located?
The property is located at 170/190 N 3rd St Harrisburg, OR.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: Convenience store land and building for sale, built in 2003; 0.32‑acre site with a convenience store building and excellent street frontage; 12 dedicated on‑site parking spaces
