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$599,000 -$25,900 (-4.14%) Price Reduced

  • For Sale
  • Active
  • Commercial Service
  • Updated 2 days ago
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Excellent investment opportunity on a high-visibility corner lot with land and building included, currently leased to Subway with a strong long-term tenant in place. This commercially zoned property offers outstanding exposure, consistent income, and a strategic location ideal for long-term growth. Key Features: Prime corner location with excellent traffic and visibility Land lease to established national tenant (Subway)Consistent income with strong lease terms Ideal for 1031 exchange or long-term hold High-demand commercial corridor Please do not disturb tenants.

Full Property Details for 305 Smith St

General

  • Price: $599,000
  • Taxes: $9,376 (2024)
  • Status: Active
  • Type: Commercial Service
  • Source: RWMLS
  • MLS ID: 669484896
  • Updated: 2/1/2026
  • Added to Site: 186 day(s) ago

Parking

  • Total Spaces: 5
  • Parking Features: Assigned, On Site

Location

  • County: Linn
  • Driving Directions: Corner of 3rd and Smith

Community

  • Community Name: 221 - Linn County

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air
  • Heating Fuel: Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • # Buildings: 1
  • Property Detached: Yes
  • Construction: Brick
  • Roof: Flat
  • Ceiling Height: 10
  • Stories/Levels: 1
  • Square Feet: 1,556
  • Current Bldg. Use: Food Service, Restaurant
  • Year Built: 2012
  • Property Condition: Existing

Lot Features

  • Lot Size (Acres): 0.18
  • Lot Size (Sq. Ft.): 7,840
  • Lot Size: 7, 000 to 9, 999 SqFt
  • Lot Dimensions: irregular
  • Frontage: Paved

Financial Considerations

  • Operating Expenses: $9,400
  • Tax Amount: $9,376.08
  • Tax Year: 2024
  • Terms: Cash, Conventional, Other

Disclosures and Reports

  • Documents Avail.: Aerial Photo, Leases, Plot - Plat Map
  • Legal Description: 15S04W16AA
  • Property ID: 326740

Listed by Premiere Property Group, LLC (503) 670-9000, Theresa Monahan (503) 805-7055 and Premiere Property Group, LLC (503) 670-9000, Donald Johnson, P.C. (503) 939-9353

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Listing agents

— 305 Smith St —

  • Theresa Monahan

    Premiere Property Group, LLC

    503-670-9000

  • Donald Johnson, P.C.

    Premiere Property Group, LLC

    503-670-9000

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 305 Smith St

School District:Harrisburg School District 7j
NameGradesDistance
Harrisburg Middle School
201 6th Street, Harrisburg, OR 97446
6-80.2 mi
Harrisburg Elementary School
642 Smith Street, Harrisburg, OR 97446
K-50.3 mi
Harrisburg High School
400 South 9th Street, Harrisburg, OR 97446
9-120.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 305 Smith St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/01/2026
Price Reduced
$599,000
-4.14%
MLS
8/02/2025
Listed
$624,900
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 305 Smith St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,121
8%
$555,800
5%
2024
$9,376
-3%
$530,540
-1%
2023
$9,648
-2%
$533,760
—
2021
$9,847
-3%
$535,610
-3%
2022
$10,146
3%
$551,670
5%
2021
$9,847
3%
$523,700
3%
2019
$9,545
14%
$508,450
3%
2018
$8,366
4%
$493,650
3%
2017
$8,027
8%
$479,280
3%
2016
$7,434
3%
$465,330
3%
2015
$7,229
1%
$451,780
3%
2014
$7,175
4%
$438,630
3%
2013
$6,888
—
$425,860
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Premiere Property Group, LLC (503) 670-9000, Theresa Monahan (503) 805-7055 and Premiere Property Group, LLC (503) 670-9000, Donald Johnson, P.C. (503) 939-9353

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305 Smith St, Harrisburg, OR 97446 (MLS# 669484896) is a Commercial Service property. 305 Smith St is currently listed for $599,000 and was received on August 02, 2025. Want to learn more about 305 Smith St? Do you have questions about finding other Commercial Service real estate for sale in Harrisburg? You can browse all Harrisburg real estate or contact a Coldwell Banker agent to request more information.

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