Additional details

Discover Northwest Realty - Land

info@unitedcountrynw.com +1(360) 843-4032

Listed by Pacific Coast Real Estate & Development, LLC • 541-217-7710

$1,200,000

Est. payment - /mo

10,300 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Pending

Purchase Type For Sale

Square Footage 10,300 sqft

Price per Sqft $116

MLS Listing ID 339920822

Year Built 1964

Annual Tax Amount $9,903

Tax Year 2024

Lot Size 0.520 Acres

Property Sub-Type Commercial

Property Description

Excellent investment opportunity in this vibrant and versatile commercial property. The front retail space features expansive display windows and a well-designed layout, currently leased to a boutique home décor and clothing retailer under a new five-year lease.To the rear of the building, you'll find a fully equipped lounge and bar, complete with indoor seating, large walk-in refrigeration, an expansive bar area, and upscale fixtures and finishes throughout. The space showcases a stylish sports bar theme and is also secured under a new five-year lease.Outside, the well-established food truck court includes seven fully leased spaces on month-to-month terms, offering a variety of popular local culinary options. The area is thoughtfully designed with covered seating, vibrant landscaping, decorative lighting, a striking mural, and filtered bay views—creating a welcoming and lively ambiance for patrons.The property offers excellent ingress and egress from both Highway 101 and historic Front Street, and features a large parking area and prominent signage for high visibility. With steady rental income, attractive aesthetics, and limited owner responsibilities, this property is a compelling option for investors or as a 1031 exchange. 9% Cap Rate at current price.

Location

State OR

County Coos

Area _260

Zoning C-2

Interior

Heating Zoned

Equipment Fixtures

Exterior

View Bay

Roof Type Membrane

Garage No

Building

Story 2

Sewer Public Sewer

Water Public Water

Level or Stories 2

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Regional Multiple Listing Service (RMLS)

Nearby School & Business

Discover Northwest Realty - Land

Broker License ID: 90947

+1(360) 843-4032 | info@unitedcountrynw.com

775 N FRONT ST Coos Bay, OR 97420

Discover Northwest Realty - Land

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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