$1,250,000
121 NE 3rd Street, Prineville, OR 97754
beds
baths
sqft
Property Type
Commercial Sale
Commercial Sale
Built
1972
1972
Lot Size
0.33 Acres
0.33 Acres
Property Highlights
Property Highlights
– NNN investment in downtown Prineville
– 5,800 SF building on a 0.33-acre parcel
– Offered at $1,250,000; 7.50% CAP rate
– Fully leased; new 5-year lease term begins August 2025 with one 5-year renewal option
– 3% annual rent increases
– Zoned C1 (Central Commercial)
– Building includes a fully equipped commercial kitchen and a full-service bar; visible location in the downtown core
– Tenant Crossroads BBQ Pit & Pub has occupied the location for over 10 years
– Located adjacent to the newly renovated High Desert Inn with on-site parking
– Income-producing property in Central Oregon
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Facts & features
Bedrooms
Bathrooms
Square Feet
Listed By
Green Tree Commercial Real Estate
Green Tree Commercial Real Estate
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