For Sale
$900,000

375 Central Ave Coos Bay, OR 97420

Prime location, high potential, immediate income.

Overview

Added:
Dec 11, 2024
Days on market:
128
This exceptional mixed-use property at 375 Central Avenue in Coos Bay, Oregon, presents a unique investment opportunity. Built in 1921 and extensively renovated in 2018, this two-story building offers approximately 7,000-9,999 square feet of space across a 0.21-acre lot. The property's permitted C1 zoning allows for a variety of uses, currently operating as a bar, restaurant, and traditional office space. The building features a large ballroom suitable for rental events, adding significant income potential. The main floor restaurant space is ready for new tenants, offering immediate revenue opportunities. The current limited occupancy provides flexibility for the next owner to customize the space to their vision. Located in the heart of Coos Bay (zip code 97420), this property benefits from its prime location and the significant investment currently underway in the city. The APN is 1007114701. This is a chance to acquire a piece of Coos Bay history with substantial upside potential. The building consists of one structure, offering a cohesive and manageable investment.

Highlights

  • $900,000 asking price.
  • Mixed-use property (Office, Retail, Special Purpose) including a bar and restaurant.
  • 7,000-9,999 square feet.
  • Two-story building, constructed in 1921, renovated in 2018.
  • 0.21-acre lot, located at 375 Central Avenue, Coos Bay, OR 97420 (APN: 1007114701).
  • C1 zoning.

Property Details for 375 Central Ave

Property type
Specialty properties, Retail properties
Square Feet
7,000 SF
Year Built/Renovated
1921/2018
Buildings
1
Stories
2
Lot Size (sq. ft)
9,148 SF

Location Insight

City
Coos Bay
County
Coos
State
Oregon
Latitude
43.3676916
Longitude
-124.2157603
375 Central Ave, Coos Bay, Oregon

FAQs

What type of property is this?
Specialty property - Prime location, high potential, immediate income.
Where is the specialty property located?
The property is located at 375 Central Ave Coos Bay, OR.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: $900,000 asking price.; Mixed-use property (Office, Retail, Special Purpose) including a bar and restaurant.; 7,000-9,999 square feet.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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375 Central Ave
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