Property summary
This exceptional 3,513 square foot property in historic downtown McMinnville, Oregon offers a unique blend of commercial opportunities. Currently configured as a high-end, fully equipped restaurant, this space presents a turnkey solution for a discerning operator. Located at 645 NE 3rd St, the building boasts a prime location in the heart of Oregon's wine country, benefiting from high foot traffic and visibility. The space includes an enclosed and heated four-season patio, perfect for year-round use, as well as ample traditional outdoor seating. Built in 2012, this three-story building features a C-3 zoning designation and includes an elevator for convenient access. The property is a single-tenant space, ideal for a restaurant or other compatible business. Noteworthy neighbors include Chris James Cellars and The 1882 Grille, located on the third floor of the same building. The property's APN is 159937, and it's situated in Yamhill County, near the intersection of NE 3rd Street and NE Galloway Street. This is a rare opportunity to acquire a well-established, high-quality commercial space in a thriving location. Serious inquiries only. Do not disturb tenants.
Property profile
VerifiedCap rate & NOI
Current use
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Brewery & Distillery Specialty Food Shop
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Real Estate Agency
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Restaurant
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C3 · Mcminnville, ORZoning
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Zoning designation
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The district profile from the municipal source: what is on file for C3 in Mcminnville, OR.
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Find the owner behind the property.
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