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Listed by Stellar Realty Northwest

$499,000

Est. payment - /mo

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2,404 SqFt

Price Dropped by $26K

172 S Old Pacific Myrtle Creek, OR 97457

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Tommy Jedrzejczyk

tommy@tltre.com +1(503) 506-4646

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 2,404 sqft

Price per Sqft $207

MLS Listing ID 714690645

Year Built 1950

Annual Tax Amount $2,259

Tax Year 2024

Lot Size 2.520 Acres

Property Sub-Type Commercial

Property Description

Commercial property with multiple income streams in a prime location! This 2.52-acre property presents an excellent investment opportunity with highway frontage, versatile zoning (C2 with a small R2 portion), and established income sources. The sale includes the decades-old Tri City Country Club bar, along with fixtures and owned inventory (some items convey, while others are vendor-supplied). In addition to the operating business, the property includes four fully occupied rental spaces and a studio cabin, creating multiple income opportunities. Approximate rental ROI from the rental spaces, cabin, and bar is $4,500/month, with additional income potential available for an owner/operator of the bar. Current owner is willing to lease back the commercial building or transition operations to a new owner. Call listing agent for additional details. With plentiful on-site parking, excellent highway visibility, strong rental demand, and flexible zoning that supports a variety of potential uses, this property offers both an established operating business and multiple income streams with room for future growth. Owner carry available with a large down payment. Motivated seller!

Location

State OR

County Douglas

Area _258

Zoning C2 & R2

Interior

Heating Wall Heater

Cooling Wall Unit

Equipment Fixtures, Furniture

Exterior

View Mountain, Territorial, Trees Woods

Roof Type Membrane

Garage No

Building

Story 1

Sewer Public Sewer

Water Public Water

Level or Stories 1

Others

Acceptable Financing Cash, Other

Listing Terms Cash, Other

Regional Multiple Listing Service (RMLS)

NEARBY SCHOOL & BUSINESS

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