295 S Broadway - Restaurant FOR SALE


Coos Bay, OR 97420
$850,000 USD
561-810-3537
295 S Broadway, Coos Bay, OR for Sale
$850,000 USD
Restaurant - FOR SALE
1/73
null | Request Cap Rate

295 S Broadway
Coos Bay, OR 97420


HIGHLIGHTS

  • 2nd Generation Restaurant
  • Prime Location: The property is situated on a corner lot with frontage on Highway 101, a major thoroughfare, and is located just one block from the Co
  • Turnkey Business Opportunity: The sale includes the building, business name ("The Coney Station"), and all existing inventory, furniture, and fixtures
  • Multiple Income Streams: The property is a well-established restaurant, bar, and banquet facility, and it also includes two occupied upstairs apartmen
  • Significant Business History: The "Coney Station" has been a popular establishment for 30 years, indicating a strong local presence and customer base.

OVERVIEW

SELLER FINANCING AVAILABLE: Established decades ago, the restaurant/bar business opportunity comes with real estate - providing additional revenue streams with the banquet/event space and an apartment. Could even have room to put in a retail store or convenient store. The prime corner location with bayfront view gives you incredible visibility and foot traffic from both locals and visitors exploring the area. You'll appreciate how the established customer base provides steady revenue while the tourist traffic adds exciting growth potential. The customers enjoy themed karaoke nights, live bands, and great menu specials. The dedicated banquet/event space opens up additional revenue streams for parties, meetings, and events. In addition to the banquet/event space, this property features an apartment, live in it or lease it for additional income. The tenants can also watch the fireworks right from their apartment.

FOR SALE DETAILS

PRICE

$850,000 USD

PRICE/SF

$98 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Coney Station Restaurant (Seller Fin. Avail.)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1927

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

C-1

APN/PARCEL ID

1007031200

ASK ABOUT THIS PROPERTY

Chad MassakerChad Massaker LLC Brokered By EXP CommercialMore Info
561-810-3537

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Chad MassakerChad Massaker LLC Brokered By EXP CommercialMore Info
561-810-3537

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