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

NEW


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

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Randy HoffinePacific PropertiesMore Info
541-260-2651

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