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Four-Unit Strip Mall
For Sale
$825,000

144 Merlin Road 144-154, Merlin, OR 97532

Multi-suite retail property with private restrooms, on-site parking, and established tenants.

Property SizeContact for details
Days on Market10

Property Features for 144 Merlin Road 144-154

General Information

Standard status Active
Listing Agency: eXp Realty, LLC
Listed By: Rockwell Group · License #201207277
Source: Gatewayteam
Added: Aug 21 Changed: Aug 29 Last Checked: Aug 25 at 9:47AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty, LLC

Investment Insights

Based on property information with market context.

This four-unit retail property includes three suites—144, 150, and 152—in a 4,000-square-foot building, with Unit 154 occupying a separate 700-square-foot building. Each unit has a private restroom and a functional layout suitable for varied business uses. Established tenants are already in place across the property.

On-site parking serves customers and tenants. The property is located next to Little Pantry at 144 Merlin Road in Merlin, Oregon, within the 97532 ZIP code. The unit addresses are 144, 150, 152, and 154.

Key Highlights

  • Four retail units across two buildings
  • Units 144, 150, and 152 are in a 4,000‑square‑foot building
  • Unit 154 is located in a separate 700‑square‑foot building

Property Analytics

Current Use

TACOMANIA STREET TACOS ... Restaurant

Suggested Use

Top Pick Real Estate Agency Building Supply Hair Salon Pharmacy Big Box & Wholesale Store Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

119
Businesses Nearby
3k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Shell Shops & Services
3,204 visits/mo 0.2 miles

Demographics for 97532, OR

2,480
Population
974
Households
2.5
Avg Household Size
53
Median Age
24%
College-Educated
87%
High-School Grad
84.4 sq mi
ZIP Area
29
Density / Sq Mi
$77,125
Median Household Income
$36,628
Median Earnings
$894
Median Rent
$417,700
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Strip mall - Multi-suite retail property with private restrooms, on-site parking, and established tenants.
Where is this strip mall located?
The property is located at 144 Merlin Road 144-154 Merlin, OR.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Four retail units across two buildings; Units 144, 150, and 152 are in a 4,000‑square‑foot building; Unit 154 is located in a separate 700‑square‑foot building
More about this property
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