172 S Old Pacific, Myrtle Creek, OR 97457
- $525,000
- 336
- SqFt
- List Price
- $525,000
- Price Change
- ▼ $25,000 1782935239
- Days on Market
- 343
- MLS#
- 697706513
- Property Type
- Multifamily
- Sqft. of Residence
- 336
- Lot Size
- 1 to 2.99 Acres
- Region
- Douglas Co: Myrtle Creek/S&SE of Roseburg to Ti
- Status
- ACTIVE
Property 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!
Additional Information
- Tax Amount
- $2,330
- Year Built
- 1954
- High School
- South Umpqua
- Elementary School
- Myrtle Creek
- Middle School
- Coffenberry
- Acres
- 2.52
- Living Area
- 336
- Stories
- 1
- Terms
- Cash, Other, Owner Will Carry
- Cooling Description
- Wall Unit(s)
- Fuel Description
- Electricity, Gas
- Heating Description
- Wall Heater
- Hoa Rent Includes
- Sewer, Trash Collection, Water
- Hot Water Description
- Gas
- Exterior Description
- Wood Siding
- Roof Type
- Composition
- Sewer Description
- Public Sewer
- View
- Mountain(s), Territorial, Trees/Woods
- Parking
- Driveway, Off Street
- Parking Description
- Driveway, Off Street
- Road Surface
- Gravel
- Number Of Units Total
- 6
- Unit Type One Baths Total
- 1
- Unit Type One Rent
- 800
- Unit Type One Sq Ft
- 336
- Unit Type One Units Total
- 1
- Unit Type Two Units Total
- 4
- Unit Type Three Baths Total
- 2
- Unit Type Three Rent
- 2500
- Unit Type Three Sq Ft
- 2404
- Unit Type Three Units Total
- 1
Mortgage Calculator
Listing courtesy of Stellar Realty Northwest.
The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.