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645 NE 3rd St
3,513 SF of Retail Space Available in Mcminnville, OR 97128
Highlights
- Corner lot located on busy NE 3rd Street
- 3,513 square feet of restaurant space for exciting business opportunities
- Neighbors include Bierly Brewing, Troon Vineyard Wine Bar, The Bindery Event Space, and The Tributary Hotel
- Located in historic downtown McMinnville, Oregon
- Across from Douglas on Third Boutique Lodging & Pike Road Wines
- Located .25 miles from McMenamins Hotel Oregon
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 3,513 SF | 12’ | 5-10 Years | $33.71 CAD/SF/YR $2.81 CAD/SF/MO $362.88 CAD/m²/YR $30.24 CAD/m²/MO $9,869 CAD/MO $118,431 CAD/YR | Triple Net (NNN) |
1st Floor
Beautiful second generation restaurant space in award winning historical Downtown McMinnville, located in the heart of Oregon wine country. This space comes completely equipped as a turn-key high end restaurant bar. Space features enclosed and heated four season patio along with ample traditional outdoor seating. Building features Chris James Cellars Tasting Room along with The 1882 Grille on the 3rd floor. Please contact listing broker for additional information or to schedule a showing during normal business hours. DO NOT DISTURB TENANTS.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Space is in Excellent Condition
- Kitchen
- Freezer Space
- High Ceilings
- Recessed Lighting
- Finished Ceilings: 12’
- Wheelchair Accessible
- Located in the heart of wine country
- Completely equipped as a turn-key restaurant/bar
- Space features enclosed & heated four season patio
- Space has ample traditional outdoor seating
- Building features Chris James Cellars as tenant
- Building features The 1882 Grille on the 3rd floor
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 645 NE 3rd St , Mcminnville, OR 97128
| Property Type | Retail | Gross Leasable Area | 12,000 SF |
| Property Subtype | Storefront Retail/Office | Year Built | 2015 |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 12,000 SF |
| Year Built | 2015 |
About the Property
Beautiful second generation restaurant space in award winning historical Downtown McMinnville, located in the heart of Oregon wine country. This space comes completely equipped as a turn-key high end restaurant bar. Space features enclosed and heated four season patio along with ample traditional outdoor seating. Building features Chris James Cellars Tasting Room along with The 1882 Grille on the 3rd floor. Please contact listing broker for additional information or to schedule a showing during normal business hours. DO NOT DISTURB TENANTS.
- Corner Lot
- Courtyard
- Restaurant
- Signage
- Storage Space
Nearby Major Retailers
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Mary Martin Miller, CCIM -
Mike Morris -
Miller Consulting Group LLC
Presented by
645 NE 3rd St
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