Back to search
121 3rd Street NE Prineville, OR $ 1,310,000
Share Save
$ 1,310,000 Get more info
121 3rd Street NE
$ 1,310,000
Back to search
Share Save

121 3rd Street NE

Prineville, OR, 97754
$ 1,310,000
Bedrooms-- Baths-- Sq 5,800

Monthly Estimate*

$ 8,173

121 3rd Street NE, Prineville, OR 97754 - Image 1
121 3rd Street NE, Prineville, OR 97754 - Image 2
121 3rd Street NE, Prineville, OR 97754 - Image 3
121 3rd Street NE, Prineville, OR 97754 - Image 4
121 3rd Street NE, Prineville, OR 97754 - Image 5
121 3rd Street NE, Prineville, OR 97754 - Image 6
121 3rd Street NE, Prineville, OR 97754 - Image 7
121 3rd Street NE, Prineville, OR 97754 - Image 8
121 3rd Street NE, Prineville, OR 97754 - Image 9
121 3rd Street NE, Prineville, OR 97754 - Image 10
121 3rd Street NE, Prineville, OR 97754 - Image 11
121 3rd Street NE, Prineville, OR 97754 - Image 12
121 3rd Street NE, Prineville, OR 97754 - Image 13
121 3rd Street NE, Prineville, OR 97754 - Image 14
121 3rd Street NE, Prineville, OR 97754 - Image 15
121 3rd Street NE, Prineville, OR 97754 - Image 16
121 3rd Street NE, Prineville, OR 97754 - Image 17
121 3rd Street NE, Prineville, OR 97754 - Image 18
121 3rd Street NE, Prineville, OR 97754 - Image 19
121 3rd Street NE, Prineville, OR 97754 - Image 20
121 3rd Street NE, Prineville, OR 97754 - Image 21
121 3rd Street NE, Prineville, OR 97754 - Image 22

Commercial Property for sale in Prineville, OR

for $1,310,000. This 5,800 square foot building was built in 1972 on a lot size of 0.33.

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.

See more
Commercial Active

Price

$ 1,310,000

Property Type

Commercial

Taxes

$ 11,264

Style

Commercial Sale

Lot Size

0.33

Year Built

1972

Town/City

Prineville

County/Region

Crook

MLS | Web ID

220207468
Features
General
Sewer Public Sewer
Heating Electric Forced Air
Cooling Central Air
Roof Asphalt
Construction Materials Block Brick
Year Built 1972
Tenant Pays Electricity Gas Interior Maintenance Janitorial Service Sewer Water
Levels One
Tax Year 2025
County Crook
New Construction N
Property Type Commercial Sale
Attached Garage N
Status Active
City Prineville
Zoning Description C1
Number Of Units Total 1
Lot Size Units Acres
Lot Size Square Feet 14374.8
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 11264.71
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Structure Type Retail
Standard Status Active
Tax Lot 0
Cap Rate 7.15
Senior Community None
See more
Exterior
Exterior Amenities Courtyard
Parking Features Asphalt
Lot Features Corner Lot Level
Water Source Public
Lot Size Area 0.33
Foundation Details Slab
Spa N
Building Area Total 5800.0
Lot Size Acres 0.33
Road Surface Type Paved
Road Frontage Type Shared Access
See more
Interior
Flooring Laminate Vinyl
Common Walls No Common Walls
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Double Pane Windows
Total Baths 0
Heating-Forced Air True
See more
Internal Only
Street Number 1 121
See more
* Excluded Features
List By
Dinah Janette Green

Listing Agent

Green Tree Commercial Real Estate

Broker

Affordability Calculator

$9,111
Per Month
90%
10%
0%
Monthly Principal & Interest
$8,173
Monthly Property Taxes
$939
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
331058 Elementary School
330912 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/11/2025$1,310,000 Listed Price

Map

More homes like this one

homes for you

See all
See all

121 3rd Street NE, Prineville, OR, 97754 is a Commercial Property for sale at $1,310,000 with 5,800 sqft and a lot size of 0.33. 121 3rd Street NE was built in 1972. The property's zip code is 97754 which is in Prineville, OR

Get more info