172 S Old Pacific , Myrtle Creek, OR 97457

  • $525,000
  • $550,000

Overview

  • 336 Sqft
    Property Size
  • 1954
    Year Built
  • MultiFamily
    Property Type
  • 697706513
    MLS#
  • 2.52 Acres
    Land Area
  • Stellar Realty Northwest
    Office Name
  • Najla Slater
    Agent Name

Description

Prime mixed-use income property with highway frontage and multiple revenue streams on 2.52 acres! 10% cap rate on rental income alone. This Multi-Family listing highlights the residential income components: a 336 sq ft studio cabin rented at $800/month and four long-term rental spaces (tenant-owned units) at $400/month each, while additional rental income comes from the 2,404 sq ft tavern/bar. Currently operated as the established Tri City Country Club, this space offers exceptional visibility, dedicated parking, and longstanding local activity, creating a rare opportunity to own and operate a local landmark. Current owner is willing to sign a lease to remain in the commercial space or transition operations to a new owner. Most of the property is zoned C2 with a small R2 portion, offering a wide range of potential uses and income opportunities. Call your agent for additional details. With established residential income, an active commercial component, and flexible zoning that allows for a variety of permitted uses, this property offers an exceptional combination of cash flow potential and future opportunity. See Commercial MLS #714690645 for full commercial details. Owner carry available with a large down payment. Motivated seller!

Details

Updated on July 15, 2026 at 9:28 pm
  • MLS# 697706513
  • Price $525,000
  • Property Size 336 Sqft
  • Land Area 2.52 Acres
  • Garage Size x x
  • Year Built 1954
  • Property Type MultiFamily
  • Property Status Active
  • Office Name Stellar Realty Northwest
  • Agent Name Najla Slater
  • Office Phone 541-236-0337

Additional details

  • Listing Terms Cash, Other, Owner Will Carry
  • Roof Composition
  • Sewer Public Sewer
  • Cooling Wall Unit
  • Heating Wall Heater
  • County Douglas
  • Property Type MultiFamily
  • Parking Driveway, Off Street
  • Elementary School Myrtle Creek
  • Middle School Coffenberry
  • High School South Umpqua

Walkscore

Mortgage Calculator

Contact Information

Inquire About This Property

0 Review

Sort by:
Leave a Review

Leave a Review

Similar Listings

Disclaimer (Because Lawyers Are Fun):
RMLS The listings you see here are pulled from the RMLS IDX feed and are meant exclusively for your personal, non-commercial snooping pleasure. You can’t use this info to build a Zillow clone, stalk your ex’s new house, or anything shady. It’s just here to help you find your next place to live. The data is considered reliable, but let’s be real—mistakes happen, and RMLS doesn’t guarantee it's 100% accurate. Double-check the details before you fall in love with that “3-bedroom charmer” that turns out to be a 1-bedroom with a sketchy garage conversion. IDX information is provided exclusively for consumers’ personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, data is deemed reliable but is not guaranteed accurate by RMLS. All information provided is deemed reliable, but is not guaranteed and should be independently verified.

Compare listings

Compare