$ 525,000
-
$525,000
Price -
0
Bed -
3
Bath -
336
SqFt
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About the Listing 1SRN01 - NAJLA
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!
Listing Highlights
Status
Active
Days on Site
247
Property Type
Multi-Family
MLS ®
697706513
Year Built
1954
Total Square Footage
336
Lot/Acreage
2.52
Interior Details
- Bedrooms: 0
- Bathrooms: 3 Full
- Appliances:
- Air Cond: Wall Unit(s)
- Heating: WallHeater
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public Water
Exterior Details
- Lot Description: Level
- Garage Capacity: N/A
- Zoning: C2 & R2
- Roof: Composition
- Others: Approximately
- Sewer: Public Sewer
- Parking Features: Driveway,Off Street
Financial Details
- Tax Amount: $2,331
- Taxes w/Assessments: N/A
- Tax/Property ID: R26586
- Tax Year: N/A
Payment Calculator
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Questions About..
172 S Old Pacific Myrtle Creek, OR 97457
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