Grocery-Anchored Shopping
For Sale
$5,400,000
821 – 909 S Main Street, Myrtle Creek, OR 97457
Valley View Plaza is a grocery anchored center with Ray’s Food Place in continuous operation since 1984.
Property Size67,036 SF
Days on Market88
Property Features for 821 – 909 S Main Street
General Information
Standard status
Active
Size
67,036 SF
Property subtype
Retail
Additional Details
Cap Rate
8%
Building Details
Building Size
67,036 SF
Year Built
1984
Listing Agency:
Capacity Commercial Group
(503) 747-9586
Listed By:
Ashton Summers · License #201217697
(503) 747-9586
Source:
Capacitycommercial
Added: Jun 3
Changed: Aug 27
Last Checked: Aug 29 at 5:45AM
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 Capacity Commercial Group
Investment Insights
Based on property information with market context.
Valley View Plaza is a grocery-anchored shopping center with Ray’s Food Place operating continuously at the property since an estimated 1984 start date. The center is positioned as the dominant grocery location supporting the Myrtle Creek and Tri-City areas, with the grocery anchor serving as the core of the investment.
The property is for sale at 821 S Main Street in Myrtle Creek, Oregon. Public remarks indicate it is the only grocery anchored investment opportunity available above an in-place 8.00% yield in the Pacific Northwest.
Broker note states there is no co-op fee, and the principal will pay the selling broker commission.
The property is for sale at 821 S Main Street in Myrtle Creek, Oregon. Public remarks indicate it is the only grocery anchored investment opportunity available above an in-place 8.00% yield in the Pacific Northwest.
Broker note states there is no co-op fee, and the principal will pay the selling broker commission.
Key Highlights
- Grocery‑anchored shopping center featuring Ray’s Food Place
- Ray’s Food Place has been in continuous operation since 1984 (est. 1984)
- Offered for sale at $81 per SF of building and $19 per SF of land
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
135
Businesses Nearby
15k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 70%
Dining 20%
Shops & Services 10%
Ray's Food Place
Groceries
10,782 visits/mo
0.1 miles
Abby's Legendary Pizza
Dining
2,022 visits/mo
0.2 miles
Napa Auto Parts
Shops & Services
1,492 visits/mo
0.1 miles
Figaro's Pizza
Dining
711 visits/mo
0.0 miles
SUBWAY
Dining
323 visits/mo
0.0 miles
Demographics for 97457, OR
10,363
Population
4,688
Households
2.2
Avg Household Size
47
Median Age
11%
College-Educated
91%
High-School Grad
164.0 sq mi
ZIP Area
63
Density / Sq Mi
$53,514
Median Household Income
$35,857
Median Earnings
$917
Median Rent
$242,300
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
- Coinstar Kiosk | Bitcoin ATM — Ray's Food Place, 909 S Main St, Myrtle Creek, OR 97457
Frequently Asked Questions
What type of property is this?
Shopping center - Valley View Plaza is a grocery anchored center with Ray’s Food Place in continuous operation since 1984.
Where is this shopping center located?
The property is located at 821 – 909 S Main Street Myrtle Creek, OR.
What is the asking price?
The asking price for this property is $5,400,000.
What are key features of this property?
This property features: Grocery‑anchored shopping center featuring Ray’s Food Place; Ray’s Food Place has been in continuous operation since 1984 (est. 1984); Offered for sale at $81 per SF of building and $19 per SF of land
