172 S Old Pacific, Myrtle Creek, OR 97457

$499,000
2,404
SqFt

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List Price
$499,000
Status
ACTIVE
Days on Market
359
Price Change
▼ $26,000 1788599392
MLS#
714690645
Subtype
Commercial
Year Built
1950
Living Area
2,404
Lot Size
109,771
Acres
2.52
MLS Area Major
Douglas Co: Myrtle Creek/S&SE of Roseburg to Ti

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!

Additional Information

Zoning
C2 & R2
Exterior Construction
Wood Siding
Stories
1
Parking
On Site
Parking Features
On Site
View
Mountain(s), Territorial, Trees/Woods

Listing courtesy of Stellar Realty Northwest.

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