USAORPrineville121 Ne 3Rd St
10-121 NE 3rd St - Pinned Location (1) | Image 1
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$1,310,000

121 Ne 3 Rd St, Prineville, OR

Real Estate

For Sale

$--,---,---
000
  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $11,265
Days Active 1
Approx. Age 1972
MLS® Number 220207468

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Prime downtown Prineville NNN investment opportunity! This 5, 800 SF property, offered at $1, 310, 000 with a 7.15% CAP rate, is fully leased with a brand-new 5-year term beginning August 2025 and a 5-year renewal option. Enjoy 3% annual rent increases for built-in income growth. Situated on 0.33 acres with coveted C1 Central Commercial zoning, the building features a fully equipped commercial kitchen, full-service bar, and prime visibility in the city's vibrant core. Anchored by Crossroads BBQ Pit & Pub—a proven tenant and community favorite for over a decade—this property benefits from steady local and tourist traffic. Located adjacent to the newly renovated High Desert Inn with on-site parking, this stable, income-producing asset is set in one of Central Oregon's fastest-growing communities.Show Description
MLS® Number220207468
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
ExteriorCourtyard
GarageNo
Approx. Age1972
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatElectric, Forced Air
A/CCentral Air
Heating Fuel

Extras

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