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Restaurant with Banquet Room
New
For Sale
$150,000

638 SPRUCE St, Myrtle Point, OR 97458

CommercialSale, MyrtlePoint, OR

Property Size4,500 SF
Price / SF$33.33
Days on Market2

Property Features for 638 SPRUCE St

General Information

Property type Commercial Sale
Property subtype Other
Zoning C
View City
Directions Spruce St to Address
Subdivision _260
Standard status Active
APN 3464500
Size 4,500 SF

Taxes and HOA fees

Tax Description 29-12-16 BB TL2500
Tax Annual Amount 4086
Legal Description 29-12-16 BB TL2500

Building Details

Year built 1960
Floors in Building 1
Building materials Block, WoodFrame
Roof type Metal
Listing Agency: Pacific Coast Real Estate & Development, LLC
Listed By: Joseph Aguirre · License #201012096
Added: Oct 16 Last Checked: Oct 17 at 4:06AM
MLS# 289667317

Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 4,500-square-foot restaurant property contains a commercial kitchen, a banquet room, a large dining area, space for video lottery, and two vintage bars. Its floor plan can accommodate two separate businesses. The building dates to 1960 and has block and wood-frame construction beneath a metal roof.

The property is offered as-is and requires substantial renovation. It is located at 638 Spruce St in Myrtle Point, Oregon, and is zoned C.

Key Highlights

  • 4,500‑square‑foot restaurant property
  • Commercial kitchen, banquet room, and large dining area
  • Floor plan can accommodate two separate businesses

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
Conventional restaurant - The interior includes a commercial kitchen, broad dining area, and two vintage bars.
Where is this conventional restaurant located?
The property is located at 638 SPRUCE St Myrtle Point, OR.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: 4,500‑square‑foot restaurant property; Commercial kitchen, banquet room, and large dining area; Floor plan can accommodate two separate businesses
More about this property
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