Listing provided courtesy of Willcuts Company Real EstateMLS# 289065112MLS ProviderContact Information: 503-538-8311
  • 458 days on site
  • 33 views

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.

Source: Regional MLS, MLS#: 289065112

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  • Property Type
    Commercial Sale
  • Lot
    0.14 acres

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  • Median Age
    40
  • Population Density
    358
  • College Educated
    37%
  • Estimated Median Income
    $54,983
  • Estimated Total Home Owners
    9,374
  • Estimated Total Renters
    5,015
  • Owner / Renter Divide
    65% / 35%
  • Estimated Average Household Size
    3
  • Total Population
    38,246
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* 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.

Life at 729 NE 3RD ST


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

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