Price Reduced Listing
$499,000
( $207.57Per Sq Foot )
 $2,679 est/mo Sourced by Back At You

172 S Old Pacific,MyrtleCreek, OR 97457

MyrtleCreek, OR 97457

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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!

Details

MLS #714690645
Listing TypeFor Sale
StyleCommercial
Sub-TypeResale
StatusActive
Year1950
Days On Site359
Listing Provided ByStellar Realty Northwest | Najla Slater

Features

SQ Feet2,404
Story(s)1
Building(s)1
ZoningC2 & R2
Acreage2.52
Property ViewMountain, Territorial, TreesWoods

Interior

HeatingWall Heater
Heating YnNo
CoolingWall Unit
Cooling YnYes

Exterior

RoofMembrane
Construction MaterialsWood Siding

Parking

Attached Garage YnNo
Parking FeaturesOn Site

Taxes

Property2259

Area Information

StateOR
CountyDouglas
CityMyrtleCreek
Zip Code97457
Listing VS Median (in 97457)
Price:
$499,000
low | high
Med:
$325,000
84.869739478958% of Average
sqft:
2,404
low | high
Med:
1,236
98.585690515807% of Average
$ / sqft:
$208
low | high
Med:
$263
23.322697174284% of Average
On site:
359
low | high
Med:
33
100% of Average
Sourced by Back At You

Market Activity 97457

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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Madaire Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2020 RMLS™, Portland, Oregon.

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Learn More About This Property

StateOR
CountyDouglas
CityMyrtleCreek
Zip Code97457
Listing VS Median (in 97457)
Price:
$499,000
low | high
Med:
$325,000
84.869739478958% of Average
sqft:
2,404
low | high
Med:
1,236
98.585690515807% of Average
$ / sqft:
$208
low | high
Med:
$263
23.322697174284% of Average
On site:
359
low | high
Med:
33
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $374K - $623K
sqft: 1,500 - 3,000
Nearby Listings Property ImageNearby Listings Details
224 AKER DR Property Photo 1
$375,000
224 Aker Dr
Myrtlecreek, OR 97457
Listing Updated: September 4, 2026 at 2:28:29 PM PDT