536 NE 5TH ST McMinnville, OR $ 1,500,000
536 NE 5TH ST
$ 1,500,000
Recently Listed
Share Save

536 NE 5TH ST

McMinnville, OR, 97128
$ 1,500,000
Bedrooms-- Baths-- Sq 4,300

Monthly Estimate*

$ 10,360

536 NE 5TH ST, McMinnville, OR 97128 - Image 1
536 NE 5TH ST, McMinnville, OR 97128 - Image 2
536 NE 5TH ST, McMinnville, OR 97128 - Image 3
536 NE 5TH ST, McMinnville, OR 97128 - Image 4
536 NE 5TH ST, McMinnville, OR 97128 - Image 5
536 NE 5TH ST, McMinnville, OR 97128 - Image 6
536 NE 5TH ST, McMinnville, OR 97128 - Image 7
536 NE 5TH ST, McMinnville, OR 97128 - Image 8
536 NE 5TH ST, McMinnville, OR 97128 - Image 9
536 NE 5TH ST, McMinnville, OR 97128 - Image 10
536 NE 5TH ST, McMinnville, OR 97128 - Image 11
536 NE 5TH ST, McMinnville, OR 97128 - Image 12
536 NE 5TH ST, McMinnville, OR 97128 - Image 13
536 NE 5TH ST, McMinnville, OR 97128 - Image 14
536 NE 5TH ST, McMinnville, OR 97128 - Image 15
536 NE 5TH ST, McMinnville, OR 97128 - Image 16
536 NE 5TH ST, McMinnville, OR 97128 - Image 17
536 NE 5TH ST, McMinnville, OR 97128 - Image 18
536 NE 5TH ST, McMinnville, OR 97128 - Image 19
536 NE 5TH ST, McMinnville, OR 97128 - Image 20
536 NE 5TH ST, McMinnville, OR 97128 - Image 21
536 NE 5TH ST, McMinnville, OR 97128 - Image 22
536 NE 5TH ST, McMinnville, OR 97128 - Image 23
536 NE 5TH ST, McMinnville, OR 97128 - Image 24
536 NE 5TH ST, McMinnville, OR 97128 - Image 25
536 NE 5TH ST, McMinnville, OR 97128 - Image 26
536 NE 5TH ST, McMinnville, OR 97128 - Image 27
536 NE 5TH ST, McMinnville, OR 97128 - Image 28
536 NE 5TH ST, McMinnville, OR 97128 - Image 29
536 NE 5TH ST, McMinnville, OR 97128 - Image 30
536 NE 5TH ST, McMinnville, OR 97128 - Image 31
View a Virtual Tour

Commercial Property for sale in McMinnville, OR

for $1,500,000. This 4,300 square foot building was built in 1929 on a lot size of 0.28.

The Spence House is a 4,300 square foot English cottage-style residence built in 1929. It was converted into a duplex in 1955 and remained a residence until 1986 when it was named a historical building by the National Register of Historical Places. Yamhill County acquired it shortly after and has used it for offices. It has dramatic steeply pitched gables, multi-pane casement windows, and exterior high-quality brickwork and stucco. The basement is fully finished and dry, has a fireplace, two staircases, and plentiful storage. On the first floor there are multiple private offices, two bathrooms, a fireplace, and reception area. The second floor also has multiple private offices and a full bathroom, and the third floor is unfinished, but has the potential to become an extra office or storage. There is crown molding throughout, beautiful wooden finishes and flooring, and ample storage. This property is zoned C-3 which permits offices, retail, mixed-use, or a multi-family dwelling. Single-use and duplexes are allowed under certain conditions. Located across the street from the County Courthouse, and two blocks from well-known Third St in downtown McMinnville. It has 11 dedicated parking spaces and street parking. Sewer lateral was replaced from the house to the city sewer in 2016. HVAC units were replaced in 2019, 2024, and 2025. The roof was replaced in 2011. The building is not ADA compliant but ADA improvements have been made. Buyer to do their own due diligence to confirm square footage and ensure the property meets their needs. Shown by appointment only. All showings require advanced scheduling.

See more

Commercial Active

Price

$ 1,500,000

Property Type

Commercial

Taxes

$ 0

Style

Commercial

Lot Size

0.28

Year Built

1929

Town/City

McMinnville

County/Region

Yamhill

MLS | Web ID

470140955

Features
General
Sewer PublicSewer
Heating HeatPump
Cooling HeatPump
Roof Composition
Zoning C-3
Construction Materials Brick FullBasement
Year Built 1929
Sale Includes Building Land
Stories Count 3
Property Subtype Commercial
Tax Year 2025
Current Use Office ProfessionalService
Parcel Number 159722
Gross Income 0
County Yamhill
Operating Expense 0
Property Type CommercialSale
HOA N
Status Active
Directions 99W east on 5th Street NE corner of 5th and Ford Streets
City McMinnville
MLS Area _156
Lot Size Square Feet 12196.0
Listing Terms Cash Conventional
Tax Annual Amount 0
Property Condition Existing
Virtual Tour https://vimeo.com/1114053137/d17986b57f
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description LOTS 1 & 2 - BLOCK 1 IN ROWLANDS ADDITION
See more
Exterior
Parking Features OnSite
Water Source PublicWater
Total Parking 8.0
Number of Buildings 1
Building Area Total 4300.0
Lot Size Acres 0.28
Road Surface Type Paved
See more
Internal Only
Street Number 1 536
See more
* Excluded Features
List By
Miller Consulting Group, Llc

Broker

mike@millerconsultinggroup.net

Email

Affordability Calculator

$10,360
Per Month
100%
0%
0%
Monthly Principal & Interest
$10,360
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
1949264 Elementary School
1949174 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/19/2026$1,500,000 Listed Price

Map


See all

536 NE 5TH ST, McMinnville, OR, 97128 is a Commercial Property for sale at $1,500,000 with 4,300 sqft and a lot size of 0.28. 536 NE 5TH ST was built in 1929. The property's zip code is 97128 which is in McMinnville, OR