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Listed by Stellar Realty Northwest
$ 499,000
Est. payment /mo
Active
172 S Old Pacific Myrtle Creek, OR 97457
2,404 SqFt
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 investment opportunity with multiple income streams and excellent highway visibility! Situated on 2.52 acres, this property offers versatile zoning (C2 with a small R2 portion), plentiful parking, and convenient access to I-5. The sale includes the long-established Tri City Country Club bar, along with fixtures, furnishings, and owned equipment. The property also features three occupied land-rental spaces, a studio cabin, and a mobile home, offering both existing income and additional rental potential. Buyers have the flexibility to take over bar operations or lease the commercial building to the current operator, creating options for either an owner-operated business or rental investment. Current rental income is approximately $3,700/month, with an additional $2,000/month in potential rental income from the cabin and mobile home. The property's combination of an established business, multiple rental opportunities, and flexible zoning provides 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
