1195 Newmark Ave - Storefront Retail/Residential FOR SALE


Coos Bay, OR 97420
$899,000 USD
541-260-2651
1195 Newmark Ave, Coos Bay, OR for Sale
$899,000 USD
Storefront Retail/Residential - FOR SALE
1/48
null | Request Cap Rate

1195 Newmark Ave
Coos Bay, OR 97420


OVERVIEW

Excellent investment opportunity just off Newmark Avenue in an opportunity zone! This versatile commercial complex offers four potential income-producing units with strong revenue potential. Unit A features approximately 2,600 SQFT of retail space along with a new roof, and is currently leased. Unit B offers roughly 4,000 SQFT of prime commercial space, ready for a new tenant or business venture. Unit C combines functional office space with warehouse/storage capabilities in the rear, totaling approximately 3,115 SQFT. The property also includes an upper-level 1200 SQFT 2 Bed, 1 Bath apartment that is currently leased, adding an additional stream of rental income. With multiple tenants, flexible-use spaces, and endless possibilities, this property is ideal for investors or owner-users seeking strong upside potential.

FOR SALE DETAILS

PRICE

$899,000 USD

PRICE/SF

$84 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1952

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

C-2

APN/PARCEL ID

25S13W20AC2300,TAX ID 345200

ASK ABOUT THIS PROPERTY

Randy HoffinePacific PropertiesMore Info
541-260-2651

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Randy HoffinePacific PropertiesMore Info
541-260-2651

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.