# 638 Spruce St, Myrtle Point, OR

> The commercial property at 638 Spruce St is available for $150,000. Call one of our commercial agents for more information.

- Price: $150,000
- Status: Active
- Property Type: Commercial Sale
- MLS ID: 289667317
- Photo: https://photos.rmlsweb.com/webphotos/28900000/60000/6000/289667317-1.jpg?updated=1792223320

## Description

EXCELLENT INVESTMENT & REDEVELOPMENT OPPORTUNITY! The Steel Penny Bar & Restaurant in Myrtle Point, Oregon, offers tremendous potential for investors, entrepreneurs, or restaurateurs looking for a value-add project in a great location. This spacious property features a versatile floor plan with the potential to accommodate two separate businesses, a commercial kitchen area, banquet room, expansive dining area, space for video lottery, and two beautiful vintage bars. Attractive tilework, flooring, and original character provide a great foundation for restoration. While the property requires substantial renovations and improvements, the possibilities are endless for the right buyer with vision. Bring this once-popular establishment back to life or reimagine the space for an entirely new concept. PRICED TO SELL! Bring your ideas and take advantage of this unique investment opportunity! This is a cash-only, as-is sale. Financed offers will not be considered.

## Attribution

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon.
  Real estate listings held by brokerage firms other than The Neil Company Real Estate are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers.
  Listing content is copyright © 2026 RMLS™, Portland, Oregon.

This content last updated on October 17, 2026 01:01 AM - PT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
All information is believed accurate but not guaranteed.

Property last updated: October 17, 2026 01:01 AM - PT.