172 S Old Pacific , Myrtle Creek, OR 97457
- $525,000
- $550,000
172 S Old Pacific , Myrtle Creek, OR 97457
- $525,000
- $550,000
Overview
- 336 Sqft
- 1954
- MultiFamily
- 697706513
- 2.52 Acres
- Stellar Realty Northwest
- Najla Slater
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
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Price $525,000
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Property Size 336 Sqft
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Land Area 2.52 Acres
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Garage Size x x
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Year Built 1954
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Property Type MultiFamily
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Property Status Active
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Office Name Stellar Realty Northwest
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Agent Name Najla Slater
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Office Phone 541-236-0337
Additional details
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Listing Terms Cash, Other, Owner Will Carry
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Roof Composition
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Sewer Public Sewer
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Cooling Wall Unit
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Heating Wall Heater
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County Douglas
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Property Type MultiFamily
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Parking Driveway, Off Street
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Elementary School Myrtle Creek
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Middle School Coffenberry
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High School South Umpqua
Walkscore
Mortgage Calculator
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Down Payment
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Loan Amount
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Contact Information
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