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172 S Old Pacific

Myrtle Creek, OR 97457
  • $599,000
  • STATUS: Active
  • ON SITE: 32 Days
  • MLS #: 697706513
UPDATED: 20 min ago
$599,000
  • 0
    BEDS
  • 2.52
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 336
    SQFT
  • $1,783
    $/SQFT

School Information

Elementary School:
Middle School:
High School:

Description

Prime mixed-use income property with highway frontage and multiple revenue streams on 2.52 acres! Most of the property is zoned C2 with a small R2 portion offering a wide range of potential uses and income opportunities. This Multi-Family listing highlights the residential income components: a 336 sq ft studio cabin rented at $800/mo and five long-term rental spaces (tenant-owned units) at $400/mo each, all fully occupied. Seller pays water/sewer/garbage for these units.The property also features a 2,404 sq ft commercial building currently operated as the Tri City Country Club bar. Whether kept as a bar or reimagined under the C2 allowances, this space offers exceptional visibility, dedicated parking, and longtime local activity creating a rare chance to own and operate a local landmark or lease it out for additional income. With established residential income, an active commercial component, and zoning that allows for a variety of permitted uses, this property offers a solid mix of revenue and flexibility. See Commercial MLS# 714690645 for full commercial details. Owner carry option with significant down payment.

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Listing content is copyright © 2025 RMLS™, Portland, Oregon. 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 Central Oregon Home Pros | KW are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2025-12-16T21:47:07.817.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Central Oregon Home Pros | KW and should be independently verified.
www.buysellcentraloregon.com/homes/169910929
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172 S Old Pacific Myrtle Creek, OR 97457

  • Price: $599,000
  • Status: Active
  • On Site: 32 Days
  • Updated: 20 min ago
  • MLS #: 697706513
0
Beds
0
Baths
0
½ Baths
2.52
Acres
336
SQFT
$1,783
$/SQFT
1954
Built
Neighborhood:
258-Douglas Co:Myrtle Creek/S&Se Of Roseburg
County:
Douglas
Area:
258-Douglas Co:Myrtle Creek/S&Se Of Roseburg
Elementary School:
Myrtle Creek
Middle School:
Coffenberry
High School:
South Umpqua
Property Description
Prime mixed-use income property with highway frontage and multiple revenue streams on 2.52 acres! Most of the property is zoned C2 with a small R2 portion offering a wide range of potential uses and income opportunities. This Multi-Family listing highlights the residential income components: a 336 sq ft studio cabin rented at $800/mo and five long-term rental spaces (tenant-owned units) at $400/mo each, all fully occupied. Seller pays water/sewer/garbage for these units.The property also features a 2,404 sq ft commercial building currently operated as the Tri City Country Club bar. Whether kept as a bar or reimagined under the C2 allowances, this space offers exceptional visibility, dedicated parking, and longtime local activity creating a rare chance to own and operate a local landmark or lease it out for additional income. With established residential income, an active commercial component, and zoning that allows for a variety of permitted uses, this property offers a solid mix of revenue and flexibility. See Commercial MLS# 714690645 for full commercial details. Owner carry option with significant down payment.
Exterior Features

Attached Garage YN No Exterior Description Wood Siding Foundation Details Slab Lot Features Level Parking Features Driveway Off Street Road Surface Type Gravel Roof Composition View Description Mountain Territorial Trees Woods View YN Yes

Interior Features

Basement None Cooling Wall Unit Cooling YN Yes Heating Wall Heater Heating YN No

Property Features

Bank Owned YN No Fuel Description Electricity Gas Green Certification YN No Gross Income 213600 Hot Water Description Gas IDXAddress Display YN Yes Listing Terms Cash Other Owner Will Carry Net Operating Income 81300 Operating Expense 132300 Property Attached YN No Property Condition Approximately Rent Includes Sewer Trash Collection Water Sewer Public Sewer Short Sale YN No Tax Annual Amount 2330.67 Tax Year 2025 Water Source Public Water Zoning C2 & R2

Listing provided courtesy of Stellar Realty Northwest: .


Listing content is copyright © 2025 RMLS™, Portland, Oregon. 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 Central Oregon Home Pros | KW are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2025-12-16T21:47:07.817.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Central Oregon Home Pros | KW and should be independently verified.
 
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