Amy Richardson

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Listing provided courtesy of Premiere Property Group, LLC- MLS# 669484896MLS Provider

305 SMITH STHarrisburg, OR 97446

Commercial · 1,556 Sq. ft. | 0.18 Acres
$499,000 Active

305 SMITH ST Overview

Time on Site:
332 days
Visits:
12

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. This asset is part of a larger multi-parcel portfolio that collectively offers the opportunity to own nearly an entire city block.

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305 SMITH ST Facts & Features

  • Type Commercial
  • Sq. ft. 1,556
  • Price/Sq.ft. $321
  • Lot 0.18 Acres

Details

General

Income/Expenses

  • Gross Income: 20496.0
  • Operating Expense: 9400.0

Building Information

  • Year Built: 2012
  • Year Established: 2012

Business Information

  • Current Use: Food Service,Restaurant

Location/Region

  • Country: US
  • County Or Parish: Linn
  • MLS Area Major: 221 - Linn County

Tax Information

  • Tax Annual Amount: 9376.08
  • Tax Year: 2024

General Information

  • Inclusions: Building,Land
  • Listing Terms: Cash,Conventional,Other
  • Parcel Number: 0326740
  • Property Condition: Existing
  • Property Sub Type: Commercial
  • Property Type: Commercial Sale
  • Zoning: C-1

Interior

Building Interior

  • Building Area Total: 1556.0

General Information

  • Cooling: Central Air
  • Heating: Forced Air
  • Stories: 1

Exterior

Parking Information

  • Parking Features: Assigned,On Site
  • Parking Total: 5.0

Lot Information

  • Lot Size Acres: 0.18
  • Lot Size Dimensions: irregular
  • Lot Size Square Feet: 7840.0
  • Number Of Buildings: 1
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Construction Materials: Brick
  • Roof: Flat

General Information

  • Road Frontage Type: 0
  • Sewer: Public Sewer

305 SMITH ST Neighborhood

Community

97446 (Harrisburg) Demographics

33
Median Age
48
Population Density (per sq. mile)
30%
College Educated
$46,597
Estimated Median Income
1,533
Estimated Total Home Owners
458
Estimated Total Renters
77% / 23%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

305 SMITH ST Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

305 SMITH ST Market Data

Based on the last 30 days in this zip code

$527,056
Average List Price
$275
Average Price per Square Foot
5
Properties Sold
94
Average Days on Market
28
Properties for Sale
Calculations provided by Reliance Network

305 SMITH ST History

Date Event Value Agent
5/11/2026Source: Regional MLS Price Reduction
$499,000 -16.7%
2/1/2026Source: Regional MLS Price Reduction
$599,000 -4.1%
8/10/2025Source: Regional MLS Price Increase
$624,900 98.4%
8/2/2025Source: Regional MLS Added to Database
August 02, 2025