# 638 SPRUCE St, Myrtle Point, OR 97458

> **TL;DR:** commercial, $150,000 ($33/sqft), built 1960, 4,500 sqft.
> View. Est. $802/mo. Listed 13 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $150,000 |
| Price/sqft | $33 |
| Square Feet | 4,500 |
| Year Built | 1960 |
| Stories | 1 |
| Property Type | Commercial (Other) |
| Status | Active |
| Days on Market | 13 |

## Why This Home Stands Out

- **Views** - City

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $758 |
| Estimated Insurance | $44 |
| **Total** | **$802** |

## Key Amenities

- View

## Property Highlights

- Built in 1960

## Description

### Agent 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.

## Location

- **Address:** 638 SPRUCE St, Myrtle Point, OR 97458
- **County:** Coos
- **Coordinates:** 43.064641, -124.140196
- **Google Maps:** https://www.google.com/maps?q=43.064641,-124.140196

## Listing Agent

- **Name:** Joseph Aguirre
- **Brokerage:** Pacific Coast Real Estate & Development
- **Broker Phone:** (541) 294-2420

## Photos

![638 SPRUCE St - Photo 1](http://lh.rdcpix.com/97970cee68cb012d786e130c4a05c28cl-f830422055r.jpg)

![638 SPRUCE St - Photo 2](http://lh.rdcpix.com/97970cee68cb012d786e130c4a05c28cl-f809876058r.jpg)

![638 SPRUCE St - Photo 3](http://lh.rdcpix.com/97970cee68cb012d786e130c4a05c28cl-f3656806693r.jpg)

![638 SPRUCE St - Photo 4](http://lh.rdcpix.com/97970cee68cb012d786e130c4a05c28cl-f318609656r.jpg)

![638 SPRUCE St - Photo 5](http://lh.rdcpix.com/97970cee68cb012d786e130c4a05c28cl-f3327755580r.jpg)

![638 SPRUCE St - Photo 6](http://lh.rdcpix.com/97970cee68cb012d786e130c4a05c28cl-f1188901282r.jpg)

![638 SPRUCE St - Photo 7](http://lh.rdcpix.com/97970cee68cb012d786e130c4a05c28cl-f3871816175r.jpg)

![638 SPRUCE St - Photo 8](http://lh.rdcpix.com/97970cee68cb012d786e130c4a05c28cl-f2503909623r.jpg)

![638 SPRUCE St - Photo 9](http://lh.rdcpix.com/97970cee68cb012d786e130c4a05c28cl-f513184163r.jpg)

![638 SPRUCE St - Photo 10](http://lh.rdcpix.com/97970cee68cb012d786e130c4a05c28cl-f4038582196r.jpg)

![638 SPRUCE St - Photo 11](http://lh.rdcpix.com/97970cee68cb012d786e130c4a05c28cl-f1657083021r.jpg)

![638 SPRUCE St - Photo 12](http://lh.rdcpix.com/97970cee68cb012d786e130c4a05c28cl-f4237278524r.jpg)

![638 SPRUCE St - Photo 13](http://lh.rdcpix.com/97970cee68cb012d786e130c4a05c28cl-f676033476r.jpg)

![638 SPRUCE St - Photo 14](http://lh.rdcpix.com/97970cee68cb012d786e130c4a05c28cl-f96697461r.jpg)

![638 SPRUCE St - Photo 15](http://lh.rdcpix.com/97970cee68cb012d786e130c4a05c28cl-f4239713714r.jpg)

![638 SPRUCE St - Photo 16](http://lh.rdcpix.com/97970cee68cb012d786e130c4a05c28cl-f2427329937r.jpg)

![638 SPRUCE St - Photo 17](http://lh.rdcpix.com/97970cee68cb012d786e130c4a05c28cl-f3744217988r.jpg)

![638 SPRUCE St - Photo 18](http://lh.rdcpix.com/97970cee68cb012d786e130c4a05c28cl-f2018645860r.jpg)

![638 SPRUCE St - Photo 19](http://lh.rdcpix.com/97970cee68cb012d786e130c4a05c28cl-f166633705r.jpg)

![638 SPRUCE St - Photo 20](http://lh.rdcpix.com/97970cee68cb012d786e130c4a05c28cl-f3516393941r.jpg)

![638 SPRUCE St - Photo 21](http://lh.rdcpix.com/97970cee68cb012d786e130c4a05c28cl-f2812157532r.jpg)

![638 SPRUCE St - Photo 22](http://lh.rdcpix.com/97970cee68cb012d786e130c4a05c28cl-f1262841117r.jpg)

![638 SPRUCE St - Photo 23](http://lh.rdcpix.com/97970cee68cb012d786e130c4a05c28cl-f3305182406r.jpg)

![638 SPRUCE St - Photo 24](http://lh.rdcpix.com/97970cee68cb012d786e130c4a05c28cl-f2536491409r.jpg)

![638 SPRUCE St - Photo 25](http://lh.rdcpix.com/97970cee68cb012d786e130c4a05c28cl-f596441936r.jpg)

![638 SPRUCE St - Photo 26](http://lh.rdcpix.com/97970cee68cb012d786e130c4a05c28cl-f100843610r.jpg)

![638 SPRUCE St - Photo 27](http://lh.rdcpix.com/97970cee68cb012d786e130c4a05c28cl-f1514568743r.jpg)

![638 SPRUCE St - Photo 28](http://lh.rdcpix.com/97970cee68cb012d786e130c4a05c28cl-f2085512940r.jpg)

![638 SPRUCE St - Photo 29](http://lh.rdcpix.com/97970cee68cb012d786e130c4a05c28cl-f920296864r.jpg)

![638 SPRUCE St - Photo 30](http://lh.rdcpix.com/97970cee68cb012d786e130c4a05c28cl-f525657349r.jpg)

---

**MLS#:** 289667317 | **Updated:** 2026-10-19
**Source:** listhub

*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.*

[View on PropertySimple](https://staging.propertysimple.ai/listing/638-spruce-st-myrtle-point-or-97458-a89f661bac0d46f2a3569033d2b28683)

---

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