Downtown Corner Restaurant &
217 E Pine Street Central Point, OR 97502
For Sale
$618,000
COMMERCIAL - Central Point, OR
Property Size3,248 SF
Lot Size0.18 Acres
Price / SF$190.27
Days on Market246
Property Features for 217 E Pine Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Alley, Parking Lot, On Street
- Security features
- Security System
- Patio and Porch features
- Patio, Porch
- Interior features
- Built-in Features
- Standard status
- Active
- APN
- 10141341
- Size
- 3,248 SF
- Lot size
- 0.18 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 4763
Utilities
- Sewer type
- Public Sewer
- Heating system
- Hot Water(Heating), Ductless (Heating)
- Cooling system
- Central Air, Ductless
- Water source
- Public
Building Details
- Year built
- 1954
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Carpet, Laminate, Concrete
- Building materials
- Block, Concrete
- Roof type
- Composition
Listing Agency:
John L. Scott Medford
(541) 779-3611
Listed By:
Jordan Kramer · License #200112030
(541) 840-2992
Added: Nov 21, 2025
Changed: Jul 9
Last Checked: Jul 24 at 11:06PM
MLS# 220212254
Copyright © 2026 Oregon Data Share. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located at 217 E Pine Street in Central Point, this downtown corner commercial building is offered for sale as a recognized restaurant and bar property. The structure was built in 1954 and has been updated over time. Total size is approximately 3,248 square feet. The building also provides income, as the back space is currently rented to the Crackin and Stackin restaurant.
The property sits at a prominent downtown corner with visibility along E Pine Street, along with easy and abundant parking. The site has been part of the community for decades, and it remains a recognizable Central Point landmark that was formerly Roy's Pioneer Club.
The property is described as having EC employment commercial zoning, which allows for a wide range of uses.
The property sits at a prominent downtown corner with visibility along E Pine Street, along with easy and abundant parking. The site has been part of the community for decades, and it remains a recognizable Central Point landmark that was formerly Roy's Pioneer Club.
The property is described as having EC employment commercial zoning, which allows for a wide range of uses.
Key Highlights
- 3,243 SF commercial building on a downtown corner with strong visibility along E Pine Street
- EC employment commercial zoning allowing a wide range of uses
- Built in 1954; updates made over time
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $71.3k | $21.96 |
| − Vacancy | −$7.3k | −$2.26 |
| EGI | $64.0k | $19.70 |
| − OpEx | −$16.0k | −$4.93 |
| NOI | $48.0k | $14.78 |
3,248 SF · lease $21.96/SF/yr · vacancy 10.28% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$685.6K
$599.9K – $799.9K
NOI $47,995 @ 7.0% cap · market cap 7.77%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$784.0K
$686.0K – $914.6K
NOI $54,878 @ 7.0% cap · market cap 8.88%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Bars & Pubs
Similar Off Market Nearby
- Local Vines Wine Bar — 900 N Haskell St Suite A, Central Point, OR 97502
- The Point Pub & Grill — 311 E Pine St, Central Point, OR 97502
- Corner Club — 51 E Pine St, Central Point, OR 97502
- Roys Pioneer Club — 217 E Pine St, Central Point, OR 97502
FAQs
What type of property is this?
Bar & Pub - 3,248 SF corner building with restaurant income from back-space tenant and EC employment commercial zoning.
Where is this bar & pub located?
The property is located at 217 E Pine Street Central Point, OR.
What is the asking price?
The asking price for this property is $618,000.
What are key features of this property?
This property features: 3,243 SF commercial building on a downtown corner with strong visibility along E Pine Street; EC employment commercial zoning allowing a wide range of uses; Built in 1954; updates made over time
