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172 S Old Pacific, Myrtle Creek, OR 97457

$499,000

33 Photos

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!

172 S Old Pacific | MLS# 714690645

This commercial property located at 172 S Old Pacific, Myrtle Creek, OR 97457 is currently listed for sale with an asking price of $499,000. Search Myrtle Creek real estate on www.bendpremierrealestate.com today.

Property Features

Property Type: Commercial - Business
Cooling: Wall Unit(s)
Fuel Type: Electricity, Gas
Heating: WallHeater
Lot Size: 2.52 Acres
Roof Type: Membrane
Stories: 1.0
Taxes: $2,259
Year Built: 1950
Square Feet: 2,404

Feature Descriptions

Days on Site: 416
Miscellaneous Features: ConformstoADA, InsideStorage, MinimalSteps, OneLevel
Parking Notes: OnSite
Present Use: Bar, Other
Road Surface: Gravel
Sewer: Public Sewer
Special Tax Assessment: $66.00
Special View Info: Mountain, Territorial, Trees/Woods
Water: Public Water

Listed By / Shown By

Listed By

Agency Name: Stellar Realty Northwest
Agency Phone: 541-236-0337

Shown By

Agency Title: Bend Premier Real Estate
Agency Phone: 541-323-2779

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