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$1,995,000
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Property Description
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.
Full Property Details
Full Property Details for 729 NE 3rd St
General
- Price: $1,995,000
- Taxes: $5,627 (2024)
- Status: Active
- Type: Business
- Source: RWMLS
- MLS ID: 289065112
- Updated: 3/31/2025
- Added to Site: 331 day(s) ago
Business
- Name: Bistro Maison
Parking
- Total Spaces: 2
- Parking Features: On Site
Location
- County: Yamhill
- Driving Directions: Located on Third Street
Community
- Community Name: 156 - Yamhill County including Willamina
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Mini Split
- Heating Type: Ductless
- Heating Fuel: Electricity
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- # Buildings: 1
- Property Detached: Yes
- Construction: Crawl Space, Wood Siding
- Roof: Composition
- Ceiling Height: 9
- Stories/Levels: 2
- Square Feet: 4,000
- Current Bldg. Use: Restaurant
- Year Built: 1925
- Property Condition: Existing
Lot Features
- Lot Size (Acres): 0.14
- Lot Size (Sq. Ft.): 6,098
- Lot Size: 5, 000 to 6, 999 SqFt
- Frontage: Paved
Water Features
- Water Front Name: N-A
Financial Considerations
- Tax Amount: $5,627.6
- Tax Year: 2024
- Terms: Cash, Other
Disclosures and Reports
- Documents Avail.: Floor Plan, Operating Expense Report, Tax Information
- Legal Description: TOWNSHIP 4S RANGE 4W SECTION 21 QTR B QQTR D TAXLOT 05300 LOT 7 B
- Property ID: 162175
Listed by Willcuts Company Real Estate (503) 538-8311, Zach Bernards (971) 267-6833
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Schools
Schools serving 729 NE 3rd St
School District:McMinnville School District 40
| Name | Grades | Distance |
|---|---|---|
Sue Buel Elementary 1985 Southeast Davis Street, McMinnville, OR 97128 | K-5 | 1.1 mi |
Patton Middle School 1175 Northeast 19th Street, McMinnville, OR 97128 | 6-8 | 0.9 mi |
Mcminnville High School 615 Northeast 15th Street, McMinnville, OR 97128 | 9-12 | 0.6 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 729 NE 3rd St
Date
Details
Price
Change
Source
3/28/2025
Listed
$1,995,000
343.33%
MLS
12/06/2002
Sold
$450,000
—
Public Record
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
Tax History for 729 NE 3rd St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,938
6%
$333,490
3%
2024
$5,628
6%
$323,777
3%
2023
$5,313
8%
$314,347
6%
2021
$4,914
-2%
$296,302
-3%
2022
$5,033
2%
$305,191
6%
2021
$4,914
4%
$287,672
3%
2019
$4,743
2%
$279,293
3%
2018
$4,649
4%
$271,158
3%
2017
$4,487
4%
$263,260
3%
2016
$4,327
3%
$255,592
3%
2015
$4,221
6%
$248,149
3%
2014
$3,993
4%
$240,923
3%
2013
$3,856
—
$233,907
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 729 NE 3rd St
729 NE 3rd St, McMinnville, OR 97128 (MLS# 289065112) is a Business property. 729 NE 3rd St is currently listed for $1,995,000 and was received on March 28, 2025. Want to learn more about 729 NE 3rd St? Do you have questions about finding other Business real estate for sale in McMinnville? You can browse all McMinnville real estate or contact a Coldwell Banker agent to request more information.

