125 Opresik Ln - Bar FOR SALE


Myrtle Creek, OR 97457
$525,000 USD
541-236-0337
125 Opresik Ln, Myrtle Creek, OR for Sale
$525,000 USD
Bar - FOR SALE
1/34
null | 10% Cap Rate

125 Opresik Ln
Myrtle Creek, OR 97457


HIGHLIGHTS

  • 10% Cap Rate
  • Rental Income
  • Established Bar

OVERVIEW

Commercial property with multiple income streams in a prime location! This 2.52-acre property presents an excellent investment opportunity with highway frontage, versatile zoning (C2 with a small R2 portion), and established income sources. The sale includes the decades-old Tri City Country Club bar, along with fixtures and owned inventory (some items convey, while others are vendor-supplied). In addition to the operating business, the property includes four fully occupied rental spaces and a studio cabin, creating multiple income opportunities. Approximate rental ROI from the rental spaces, cabin, and bar is $4,500/month, with additional income potential available for an owner/operator of the bar. Current owner is willing to lease back the commercial building or transition operations to a new owner. Call listing agent for additional details. With plentiful on-site parking, excellent highway visibility, strong rental demand, and flexible zoning that supports a variety of potential uses, this property offers both an established operating business and multiple income streams with room for future growth. Owner carry available with a large down payment. Motivated seller!

FOR SALE DETAILS

PRICE

$525,000 USD

PRICE/SF

$218 USD /SF

CAP RATE

10%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Tri City Country Club Bar & Rental Spaces

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bar

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.52 AC

LAND SF

109,771 SF

ZONING

C2, R2

APN/PARCEL ID

R26586

ASK ABOUT THIS PROPERTY

Najla SlaterStellar Realty NorthwestMore Info
541-236-0337

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Najla SlaterStellar Realty NorthwestMore Info
541-236-0337

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.