Listing provided courtesy of Willcuts Company Real Estate- MLS# 289065112MLS ProviderContact Information: 503-538-8311

729 NE 3RD STMcMinnville, OR 97128

Commercial · 4,000 Sq. ft. | 0.14 Acres
$1,895,000 Active

729 NE 3RD ST Overview

Time on Site:
458 days
Visits:
33

Opportunity awaits in quaint McMinnville, Oregon, the heart of Willamette Valley wine country. A classic French bistro with established local clientele and state-wide reach sits on McMinnville's coveted Third Street, spearheading the Downtown's popular food and beverage scene. Open five days a week, the Bistro is largely reservation-only due to high demand and consistent repeat clientele. The Willamette Valley's growing tourism industry provides a healthy boost of out-of-state visitors eager to explore local wineries and fine-dine. The 4,600 SF. building offers space for 45 indoor guests, an additional 50 outdoor guests, and a large private banquet hall upstairs. The kitchen boasts high-end appliances throughout, multiple prep areas, a walk-in refrigerator and freezer, a coffee station, and ample storage. You will also enjoy a 700-bottle, temperature-controlled wine room, a large office, more exterior storage, and abundant employee/owner parking. A residential living space attached to the restaurant also offers three spacious bedrooms, an updated full bathroom, and a living area. This is ideal for an owner-operator.

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729 NE 3RD ST Facts & Features

  • Type Commercial
  • Sq. ft. 4,000
  • Price/Sq.ft. $474
  • Lot 0.14 Acres

Details

General

Income/Expenses

  • Existing Lease Type: None
  • Gross Income: 0
  • Operating Expense: 0

Building Information

  • Year Built: 1925
  • Year Established: 2002

Business Information

  • Business Name: Bistro Maison
  • Current Use: Restaurant

Location/Region

  • Country: US
  • County Or Parish: Yamhill
  • MLS Area Major: 156 - Yamhill County including Willamina

Tax Information

  • Tax Annual Amount: 5627.6
  • Tax Year: 2024

General Information

  • Inclusions: Building,Business,InventoryIncluded
  • Listing Terms: Cash,Other
  • Parcel Number: 162175
  • Property Condition: Existing
  • Property Sub Type: Business Opportunity
  • Property Type: Commercial Sale
  • Zoning: C3

Interior

Building Interior

  • Building Area Total: 4000.0

General Information

  • Cooling: Mini Split
  • Heating: Ductless
  • Stories: 2

Exterior

Parking Information

  • Parking Features: On Site
  • Parking Total: 2.0

Lot Information

  • Lot Size Acres: 0.14
  • Lot Size Square Feet: 6098.0
  • Number Of Buildings: 1
  • Road Surface Type: Paved
  • Water Source: Public Water

Waterfront/View

  • Water Body Name: N-A

Building Exterior/Construction

  • Construction Materials: Crawl Space,Wood Siding
  • Roof: Composition

General Information

  • Sewer: Public Sewer

729 NE 3RD ST Neighborhood

Community

97128 (McMinnville) Demographics

40
Median Age
358
Population Density (per sq. mile)
37%
College Educated
$54,983
Estimated Median Income
9,374
Estimated Total Home Owners
5,015
Estimated Total Renters
65% / 35%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

729 NE 3RD ST Market Data

Based on the last 30 days in this zip code

$612,966
Average List Price
$297
Average Price per Square Foot
50
Properties Sold
94
Average Days on Market
250
Properties for Sale
Calculations provided by Reliance Network

729 NE 3RD ST History

Date Event Value Agent
6/18/2026Source: Regional MLS Price Reduction
$1,895,000 -5.0%
3/28/2025Source: Regional MLS Added to Database
March 28, 2025