516 NE 3RD ST $1,950,000

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    516 NE 3RD ST McMinnville, OR 97128

    • 0.39 Acres
    • Commercial
    Listing# 19620361 | Active
    Days On Market: 261 54 Views
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    Property Details

    Old Elk's Lodge. Beautiful, historic downtown McMinnville! Two buildings. 7 retail shops with good rental history. Upstairs is a blank slate with large apartment with custom woodwork detail and grand ballroom. 15 space parking lot with access off 2nd St. Almost full basement.

    • General Features
      • Acres 0.39
      • Area Yamhill County including Willamina
      • Bank Owned Y/N No
      • Country US
      • Fuel Description Electricity
      • Gross Income Actual 0
      • Heating Description Zoned
      • Net Income Actual 0
      • Occupancy Types Leased
      • Operating Expenses Actual 0
      • Present Use Other,Retail
      • Sewer Description Public Sewer
      • Short Sale Y/N No
      • Stories 2
      • Supplement Number 0
      • Tax Amount 12538.96
      • Terms Cash,Conventional
      • Third Party Approval Y/N No
      • View Y/N No
      • Water Description Public
      • Year Built 1908
      • Year Built Description Approximately
      • Zoning C-3
    • Building Features
      • Buildings Total 2
      • Construction Brick,Partial Basement
      • Garage Or Parking Spaces 15
      • SqFt Approximate Gross 19400
    • Room Features
      • Legal Description TOWNSHIP 4S RANGE 4W SECTION 21 QTR B QQTR C TAXLOT 09800 BLOCK 3
      • Limited Representation Y/N Full Service
    • Property Features
      • Lot Size 15,000 to 19,999 SqFt
      • Parking Description On Site
      • Property Category Commercial Sale
      • Property Type Commercial
      • Roof Type Built-Up
      • Sale Includes Building

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    Neighborhood

    97128 (McMinnville) Demographics

    36Median Age
    355Population Density (per sq. mile)
    32%College Educated
    $48,585 Estimated Median Income
    8,193Estimated Total Home Owners
    5,352Estimated Total Renters
    60% / 40%Estimated Owner / Renter Divide
    3Estimated Average Household Size
    37,986Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $327,950 Median Sales Price
    46 Homes Sold
    75 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $1,950,000
        6/25/2019 2:36:37 PM Price Reduced Source New Value: $1,950,000 -15.22%
        1/29/2019 1:07:00 PM New in Database Source New Value: $2,300,000

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        The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices Northwest Real Estate are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2019 RMLS™, Portland, Oregon. This content last updated on 10/17/2019 3:37:44 PM. Some properties which appear for sale on this site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX and listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.