Courtesy: Pacific Coast Real Estate & Development, LLC
541-808-3297
EXCELLENT INVESTMENT & REDEVELOPMENT OPPORTUNITY! The Steel Penny Bar & Restaurant in Myrtle Point, Oregon, offers tremendous potential for investors, entrepreneurs, or restaurateurs looking for a value-add project in a great location. This spacious property features a versatile floor plan with the potential to accommodate two separate businesses, a commercial kitchen area, banquet room, expansive dining area, space for video lottery, and two beautiful vintage bars. Attractive tilework, flooring, and original character provide a great foundation for restoration. While the property requires substantial renovations and improvements, the possibilities are endless for the right buyer with vision. Bring this once-popular establishment back to life or reimagine the space for an entirely new concept. PRICED TO SELL! Bring your ideas and take advantage of this unique investment opportunity! This is a cash-only, as-is sale. Financed offers will not be considered.
Courtesy: Pacific Properties
541-396-8842
Versatile commercial opportunity on the edge of Myrtle Point! Approx. 2,000 sq. ft. commercial building situated on .85 acre with excellent Hwy 42 frontage and visibility. Previously operated as a veterinary office, the property features ample onsite parking plus outdoor space suitable for large animals, equipment, or additional uses. Flexible layout and prime location make this property ideal for a variety of business opportunities.
Courtesy: Johnson Group Real Estate, LLC
541-559-0111
Great location, downtown Myrtle Point with 3 store fronts that could have good income potential. Building has 3000 square feet total. Corner lot is 50 X 60. Used to be a bar, barbershop & hairdressor salon. Lots of potential! Bring your ideas. Use your imagination to start your own business or just rent all three areas out & collect the rent. Zoned CR. Owner is currently working on the buildings interior and exterior. Seller is currently having a new roof covering installed as of January 16, 2025.
Myrtle Point is located in Oregon. Myrtle Point, Oregon has a population of 2,691. Myrtle Point is more family-centric than the surrounding county with 22.82% of the households containing married families with children. The county average for households married with children is 22.53%.
The median household income in Myrtle Point, Oregon is $36,293. The median household income for the surrounding county is $52,548 compared to the national median of $69,021. The median age of people living in Myrtle Point is 49.9 years.
The average high temperature in July is 68.9 degrees, with an average low temperature in January of 38 degrees. The average rainfall is approximately 62 inches per year, with 0.5 inches of snow per year.
