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Listed by Pacific Coast Real Estate & Development, LLC • 541-808-3297
$ 150,000
Est. payment | /mo
4,500 SqFt
$ 150,000
Est. payment | /mo
4,500 SqFt
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,500 sqft
Price per Sqft $33
MLS Listing ID 289667317
Year Built 1960
Annual Tax Amount $4,086
Tax Year 2025
Property Sub-Type Commercial
Property Description
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.
Location
State OR
County Coos
Area _260
Zoning C
Interior
Heating Other
Exterior
View City
Roof Type Metal
Garage No
Building
Story 1
Sewer Public Sewer
Water Public Water
Level or Stories 1
Others
Acceptable Financing Cash
Listing Terms Cash
Nearby Locations
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