2184 Broadway Ave - Office FOR SALE


North Bend, OR 97459
$595,000 USD
541-217-9485
2184 Broadway Ave, North Bend, OR for Sale
$595,000 USD
Office - FOR SALE
1/34
null | Request Cap Rate

2184 Broadway Ave
North Bend, OR 97459


HIGHLIGHTS

  • High traffic counts
  • Flexibility, with month-to-month tenants
  • Room for rent increases

OVERVIEW

Investors, take note! This high-visibility commercial opportunity sits directly on North Bend’s busy Broadway Avenue, surrounded by new developments and growing commercial activity just blocks away. With all tenants currently on month-to-month leases, this property offers rare flexibility for an owner-occupant or the ability to immediately reposition for higher income. The property currently brings in $4,200/month and consists of two separate buildings: a large single-level brick structure divided into two tenant spaces, plus a stand-alone upper building presently utilized as a medical office with lobby and multiple private rooms. Strong visibility, off-street parking, and easy ingress/egress add to the long-term value. Zoning allows for a variety of potential uses—check with the City of North Bend to explore development or redevelopment possibilities. A prime location with exceptional traffic counts and versatile structures makes this a smart investment in a fast-growing area.

FOR SALE DETAILS

PRICE

$595,000 USD

PRICE/SF

$138 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront Retail/Office, Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.42 AC

LAND SF

18,295 SF

ZONING

C

APN/PARCEL ID

1005935600

ASK ABOUT THIS PROPERTY

Juli WhelchelCoastal Sothebys International RealtyMore Info
541-217-9485

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Juli WhelchelCoastal Sothebys International RealtyMore Info
541-217-9485

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