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Planet Fitness Gym Building
For Sale
$6,400,000

1236 TEAKWOOD Ave, Coos Bay, OR 97420

CommercialSale, CoosBay, OR

Property Size15,152 SF
Lot Size0.96 Acres
Price / SF$422.39
Days on Market58

Property Features for 1236 TEAKWOOD Ave

General Information

Property type Commercial Sale
Property subtype Other
Zoning I-C
View City
Directions Hwy 101
Subdivision _260
Standard status Active
APN 6792300
Size 15,152 SF
Lot size 0.96 Acres

Taxes and HOA fees

Tax Description 25S-13W-22DA 400
Tax Annual Amount 34275
Legal Description 25S-13W-22DA 400

Utilities

Heating system Heat Pump (Heating), Forced Air
Cooling system Heat Pump

Building Details

Year built 2024
Building materials CementSiding
Listing Agency: Pacific Properties
Listed By: Joel Sweet · License #201214598
Added: Jun 29 Changed: Aug 25 Last Checked: Aug 25 at 7:06AM
MLS# 195155383

Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 2024-built fitness facility is occupied by Planet Fitness under a net lease and is situated on a 0.96-acre parcel. The building uses cement siding and is equipped with heat-pump heating and cooling, along with forced-air heating. Zoning is I-C.

The property forms part of Teakwood Plaza in Coos Bay, Oregon, along U.S. Highway 101. Tru Furniture and TJ Maxx are identified as neighboring retail occupants within the development. The corridor records traffic exceeding 27,200 vehicles per day, providing exposure to regional shoppers and other highway users. The property is located at 1236 Teakwood Ave, Coos Bay, OR 97420.

Key Highlights

  • Planet Fitness occupies the property under a net lease
  • 2024 construction on a 0.96‑acre parcel
  • Located within Teakwood Plaza along U.S. Highway 101

Property Analytics

Current Use

Fitness centers & gyms

Suggested Use

Top Pick Law Firm Real Estate Agency Electrical Service Hair Salon Grocery & Convenience Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

27,200 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

254
Businesses Nearby
21k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Home Improvements & Furnishings 40% Shops & Services 40% Hotels & Casinos 10% Dining 6%
Hardware Express Home Improvements & Furnishings
8,612 visits/mo 0.1 miles
76 Shops & Services
5,458 visits/mo 0.4 miles
Coos Bay Toyota Shops & Services
3,038 visits/mo 0.2 miles
Motel 6 Hotels & Casinos
2,138 visits/mo 0.5 miles
Krispy Krunchy Chicken Dining
1,285 visits/mo 0.4 miles

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

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Similar Off Market Nearby

  • Planet Fitness 1236 Teakwood Ave, Coos Bay, OR 97420
  • Charlo Mindfulness Center 1260 N Bayshore Dr Ste 204, Coos Bay, OR 97420
  • Sarah L Hicks LMT RYT 1957 thompson rd, coos bay, or 97420
  • Valkyrie Fitness 1505 N 7th St, Coos Bay, OR 97420

Frequently Asked Questions

What type of property is this?
Fitness center & gym - Net-leased fitness facility within Teakwood Plaza, supported by established retail co-tenancy and direct access to U.S. Highway 101.
Where is this fitness center & gym located?
The property is located at 1236 TEAKWOOD Ave Coos Bay, OR.
What is the asking price?
The asking price for this property is $6,400,000.
What are key features of this property?
This property features: Planet Fitness occupies the property under a net lease; 2024 construction on a 0.96‑acre parcel; Located within Teakwood Plaza along U.S. Highway 101
More about this property
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