Flex Space with Five Bay
1049 S Broadway, Coos Bay, OR 97420
For Sale
New
$540,000
Office, loft, storage, paved parking, and three-phase electrical service support a range of commercial operations.
Property Size3,968 SF
Price / SF$136.09
Days on Market1
Property Features for 1049 S Broadway
General Information
Standard status
Size
Property subtype
Site & Location
Highway Access
Road Access
Automotive
Service Bays
Automotive Uses
Additional Details
Three-Phase Power
Real Estate Included
Amenities
dedicated office space
loft area
interior storage
roll-up bay doors
3-phase electrical service
paved lot
Building Details
Year Built
Buildings
Building Size
Listing Agency:
Keller Williams Realty
(360) 433-5187
Listed By:
Donna Roberts
(360) 844-3142
Source:
Donnarobertsgroup
Added: Nov 6
Last Checked: Nov 6 at 2:36PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty
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Investment Insights
Based on property information with market context.
This 3,968-square-foot flex property was built in 1989 and is currently vacant. The interior includes dedicated office space, a loft, storage, and five roll-up bay doors. Three-phase electrical service and a paved lot with parking are also part of the property.
Located just off Highway 101 in Coos Bay, the property is adjacent to Fred Meyer Fuel. Its prior operations included a tire shop and a security and satellite company.
Located just off Highway 101 in Coos Bay, the property is adjacent to Fred Meyer Fuel. Its prior operations included a tire shop and a security and satellite company.
Key Highlights
- 3,968‑square‑foot flex property built in 1989
- Five roll‑up bay doors
- Dedicated office area, loft, and interior storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,997
Cap Rate
7.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$839,940
$839.9K
Cap Rate 7%
$599,957
$600.0K
Cap Rate 9%
$466,633
$466.6K
Market Conditions
NOI Build-Up for 3,968 SF
Gross rent
$66.7K $16.80/SF
− Vacancy
−$6.7K −$1.68/SF
EGI
$60.0K $15.12/SF
− OpEx
−$18.0K −$4.54/SF
NOI
$42.0K $10.58/SF
Area
Coos County, OR
Vacancy
10.00%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$839,940
Cap Rate 7%
$599,957
Cap Rate 9%
$466,633
Alternative Uses
Best Use
Retail
$600.0K
$525.0K – $700.0K
NOI $41,997 @ 7.0% cap · market cap 7.78%
Second Best
Flex RnD
$467.4K
$409.0K – $545.4K
NOI $32,721 @ 7.0% cap · market cap 6.06%
Theoretical Best
Office A
$718.3K
$628.5K – $838.0K
NOI $50,282 @ 7.0% cap · market cap 9.31%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
5
Service bays
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
380
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 97420, OR
27,454
Population
12,967
Households
2.1
Avg Household Size
46
Median Age
19%
College-Educated
89%
High-School Grad
273.9 sq mi
ZIP Area
100
Density / Sq Mi
$61,624
Median Household Income
$35,536
Median Earnings
$982
Median Rent
$282,300
Median Home Value
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Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Flex space - Office, loft, storage, paved parking, and three-phase electrical service support a range of commercial operations.
Where is this flex space located?
The property is located at 1049 S Broadway Coos Bay, OR.
What is the asking price?
The asking price for this property is $540,000.
What are key features of this property?
This property features: 3,968‑square‑foot flex property built in 1989; Five roll‑up bay doors; Dedicated office area, loft, and interior storage
