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Two-Story Live-Work Space
For Sale
$575,000

201 N Birch St, Coquille, OR 97423

Separate utilities serve the upper and lower levels for combined residential and business use.

Property Size4,000 SF
Price / SF$143.75
Days on Market30

Property Features for 201 N Birch St

General Information

Standard status Active
Size 4,000 SF
Total Parking Spaces 4

Additional Details

Utilities to Site Yes

Building Details

Year Built 1932
Stories 2
Listing Agency: Coldwell Banker Coast Real Est
Listed By: Randy Paredes · License #201222891
Source: Wisser
Added: Aug 1 Changed: Aug 28 Last Checked: Aug 29 at 12:37PM

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 Coldwell Banker Coast Real Est

Investment Insights

Based on property information with market context.

This 4,000 SF live-work property includes two levels of livable and workable space, supporting a combined home and business arrangement or multiple business operations. Separate utilities serve the upstairs and downstairs areas. The property also includes a 575 SF Art Studio built March 2026, a large 4-car garage for supplies and materials, and an 800 SF unfinished basement that adds substantial storage or future buildout space. Originally built in 1932, the property offers a varied configuration for work, living, studio, and storage functions.

Located at 201 N Birch St in Coquille, the property sits in the center of town. On-site parking is also provided.

Key Highlights

  • Two‑story live‑work property with separate utilities for the upstairs and downstairs
  • 4,000 SF of livable and workable space
  • 575 SF Art Studio built March 2026

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$37,152
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.46%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$743,040 $743.0K
Cap Rate 7%
$530,743 $530.7K
Cap Rate 9%
$412,800 $412.8K
Market Conditions
NOI Build-Up for 4,000 SF Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent. EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs. OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements. NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$57.6K $14.40/SF
− Vacancy
−$8.1K −$2.02/SF
EGI
$49.5K $12.38/SF
− OpEx
−$12.4K −$3.10/SF
NOI
$37.2K $9.29/SF
Area
Coos County, OR
Vacancy
14.00%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$743,040
Cap Rate 7%
$530,743
Cap Rate 9%
$412,800

Alternative Uses

Best Use
Office B
$530.7K
$464.4K – $619.2K (±1% cap)
NOI $37,152 @ 7.0% cap · market cap 6.46%
Second Best
Mixed Use
$512.6K
$448.5K – $598.0K (±1% cap)
NOI $35,880 @ 7.0% cap · market cap 6.24%
Theoretical Best
Office A
$724.1K
$633.6K – $844.8K (±1% cap)
NOI $50,688 @ 7.0% cap · market cap 8.82%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Live-work space

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Big Box & Wholesale Store Restaurant 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

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

317
Businesses Nearby

Demographics for 97423, OR

6,986
Population
2,835
Households
2.5
Avg Household Size
49
Median Age
19%
College-Educated
91%
High-School Grad
126.6 sq mi
ZIP Area
55
Density / Sq Mi
$57,665
Median Household Income
$36,250
Median Earnings
$1,150
Median Rent
$266,200
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Live-work space - Separate utilities serve the upper and lower levels for combined residential and business use.
Where is this live-work space located?
The property is located at 201 N Birch St Coquille, OR.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Two‑story live‑work property with separate utilities for the upstairs and downstairs; 4,000 SF of livable and workable space; 575 SF Art Studio built March 2026
More about this property
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