135 3rd St, Mcminnville, OR 97128-4901
This exceptional 813-square-foot office space presents a rare opportunity in the heart of historic downtown McMinnville, Oregon. Located at 135 NE 3rd Street, #137, this single-story, 1940-built building offers a versatile open layout ideal for various professional uses. The unit is an end cap, providing excellent visibility and accessibility. The property boasts on-site parking, a significant advantage in this desirable location. Zoned C3, this space is well-suited for traditional office, creative office, coworking, or executive office needs. The building itself is well-maintained and situated on a 0.2-acre lot. Multiple tenancies are possible within the building. This is a unique chance to secure a prominent presence in McMinnville's thriving downtown area. The property's convenient location along Historic Third Street offers high visibility and easy access to local amenities and businesses. Given the limited availability of comparable spaces in this area, interested parties are encouraged to schedule a viewing promptly. The building consists of one structure with a single story. This 813 square foot space is currently vacant and ready for immediate occupancy. Showings are by appointment only.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C · Mcminnville, ORMcminnville. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.