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Financial
Distress signals
Property profile

645 3rd St Mcminnville, OR 97128

OFF-MARKET
Turn key restaurants
Property ID
US71-0588763
0.14 ac lot
Last sale Aug 2011 · $541,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 15-yr Hold Held for 15 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

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…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$61k
Tax billed · 2023
Assessed value$3.62M
Effective rate1.69%

Value estimate

· Oct 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C3
JurisdictionYAMHILL

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service10.9
Wholesale Shop10.4
Storage Facility10.0

Location

645 3rd St Mcminnville, OR 97128-4506
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
636 Baker, Mcminnville, OR 97128-4925 $835,000 Feb 2026 No data
801 Baker, Mcminnville, OR 97128-6701 $700,000 Jan 2026 No data
314 3rd, Mcminnville, OR 97128-4729 $165,000 May 2025 No data
2533 Hwy 99w, Mcminnville, OR 97128-9205 $829,000 Apr 2025 No data
520 3rd, Mcminnville, OR 97128-6213 $1,513,400 Mar 2025 No data
1947 Hwy 99w, Mcminnville, OR 97128-2749 $550,000 Mar 2025 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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