Downtown Corner
For Sale
$618,000
217 E Pine Street, Central Point, OR 97502
EC-zoned building includes a separately rented rear space occupied by a restaurant.
Property Size3,243 SF
Price / SF$190.56
Days on Market254
Property Features for 217 E Pine Street
General Information
Standard status
Active
Size
3,243 SF
Property subtype
Commercial
Zoning
EC
Additional Details
Corner Location
Yes
Taxes and HOA fees
Annual Taxes
$4,763
Building Details
Building Size
3,248 SF
Year Built
1954
Buildings
1
Stories
1
Units
2
Listing Agency:
John L. Scott Medford
(541) 840-2992
Listed By:
Jordan Kramer · License #200112030
(541) 840-2992
Source:
Allprofessionalsre
Added: Nov 21, 2025
Changed: Aug 2
Last Checked: Aug 2 at 4:27AM
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 John L. Scott Medford
Investment Insights
Based on property information with market context.
This 3,243-square-foot storefront property at 217 E Pine Street occupies a downtown corner in Central Point. Constructed in 1954 and subsequently updated, the building provides a recognizable commercial presence with direct exposure along E Pine Street. The EC employment commercial zoning supports a broad range of commercial uses.
The rear portion is currently leased to the Crackin and Stackin restaurant, providing an existing income component within the property. The site also offers abundant parking, adding practical convenience for customers, employees, and occupants. Its corner placement, downtown setting, and established commercial history make the building suitable for an owner-user or investor seeking a property with an existing restaurant tenancy.
The rear portion is currently leased to the Crackin and Stackin restaurant, providing an existing income component within the property. The site also offers abundant parking, adding practical convenience for customers, employees, and occupants. Its corner placement, downtown setting, and established commercial history make the building suitable for an owner-user or investor seeking a property with an existing restaurant tenancy.
Key Highlights
- 3,243‑square‑foot commercial building at 217 E Pine Street
- Downtown Central Point corner location with E Pine Street exposure
- EC employment commercial zoning
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 | $71.2k | $21.96 |
| − Vacancy | −$7.3k | −$2.26 |
| EGI | $63.9k | $19.70 |
| − OpEx | −$16.0k | −$4.93 |
| NOI | $47.9k | $14.78 |
3,243 SF · lease $21.96/SF/yr · vacancy 10.28% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$684.6K
$599.0K – $798.7K
NOI $47,921 @ 7.0% cap · market cap 7.75%
Second Best
Retail
$640.9K
$560.8K – $747.8K
NOI $44,866 @ 7.0% cap · market cap 7.26%
Theoretical Best
Office A
$782.8K
$684.9K – $913.2K
NOI $54,794 @ 7.0% cap · market cap 8.87%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
673
Businesses Nearby
182k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 33%
Groceries 30%
Dining 27%
Apparel 5%
Albertsons
Groceries
39,141 visits/mo
0.4 miles
McDonald's
Dining
31,427 visits/mo
0.1 miles
Chevron
Shops & Services
22,006 visits/mo
0.2 miles
Ray's Food Place
Groceries
15,279 visits/mo
0.3 miles
Goodwill
Apparel
9,638 visits/mo
0.3 miles
Demographics for 97502, OR
29,558
Population
11,717
Households
2.5
Avg Household Size
43
Median Age
21%
College-Educated
89%
High-School Grad
82.1 sq mi
ZIP Area
360
Density / Sq Mi
$79,146
Median Household Income
$42,667
Median Earnings
$1,245
Median Rent
$374,000
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Albertsons Floral — 1360 Plaza Blvd, Central Point, OR 97502
Frequently Asked Questions
What type of property is this?
Storefront property - EC-zoned building includes a separately rented rear space occupied by a restaurant.
Where is this storefront property 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‑square‑foot commercial building at 217 E Pine Street; Downtown Central Point corner location with E Pine Street exposure; EC employment commercial zoning
