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Three-Storefront Retail Property
For Sale
$280,000

502 Spruce St, Myrtle Point, OR 97458

CR-zoned commercial property with three storefront areas and ongoing interior and exterior improvements.

Property Size3,000 SF
Lot Size0.07 Acres
Price / SF$93.33
Days on Market13

Property Features for 502 Spruce St

General Information

Standard status Active
Size 3,000 SF
Lot size 0.07 Acres
Zoning CR

Additional Details

Corner Location Yes

Building Details

Year Built 1950
Buildings 1
Listing Agency: Johnson Group Real Estate, LLC
Listed By: Cynthia Johnson · License #900900210
Source: Christiesrealestateevg
Added: Aug 17 Changed: Aug 28 Last Checked: Aug 28 at 1:10PM

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 Johnson Group Real Estate, LLC

Investment Insights

Based on property information with market context.

This 3,000-square-foot storefront property contains three separate retail-facing areas within a building constructed in 1950. The spaces were previously used for a bar, barbershop, and hairdressing salon, providing a documented history of varied commercial occupancy. The owner is completing interior and exterior work, and a new roof covering was being installed as of January 16, 2025.

The property occupies a 50 X 60 corner lot at 502 Spruce St in downtown Myrtle Point, Oregon. It carries CR zoning and presents three storefront areas within one commercial building. Existing improvements and the current work create a defined physical scope for an owner or operator evaluating the property.

Key Highlights

  • Three storefront areas within one commercial building
  • 3000 square feet total building area
  • 50 X 60 corner lot

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Dental Office Law Firm Real Estate Agency Hair Salon Spa & Massage Center Nail Salon

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

190
Businesses Nearby
Balanced
Demand for This Use

Demographics for 97458, OR

4,729
Population
2,376
Households
2
Avg Household Size
50
Median Age
13%
College-Educated
90%
High-School Grad
360.9 sq mi
ZIP Area
13
Density / Sq Mi
$51,703
Median Household Income
$41,406
Median Earnings
$800
Median Rent
$251,400
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
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Similar Off Market Nearby

  • Cherry Creek Floral 608 Spruce St, Myrtle Point, OR 97458

Frequently Asked Questions

What type of property is this?
Storefront property - CR-zoned commercial property with three storefront areas and ongoing interior and exterior improvements.
Where is this storefront property located?
The property is located at 502 Spruce St Myrtle Point, OR.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: Three storefront areas within one commercial building; 3000 square feet total building area; 50 X 60 corner lot
More about this property
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