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Mixed-Use Property with Garage
For Sale
$575,000

201 N BIRCH St, Coquille, OR 97423

CommercialSale, Coquille, OR

Property Size4,000 SF
Price / SF$143.75
Days on Market45

Property Features for 201 N BIRCH St

General Information

Property type Commercial Sale
Property subtype Other
Zoning C-2
Directions From Hwy. 42 turn L on Birch St., home is on the left next to Coquille Community Center.
Subdivision _260
Standard status Active
APN 881000
Size 4,000 SF

Taxes and HOA fees

Tax Description 28S-13W-1BD-400
Tax Annual Amount 2342
Legal Description 28S-13W-1BD-400

Utilities

Heating system Baseboard

Building Details

Year built 1932
Building materials VinylSiding
Roof type Composition
Listing Agency: Coldwell Banker Coast Real Est · Coldwell Banker Real Estate
Listed By: Randy Paredes · License #201222891
Added: Jul 13 Changed: Aug 4 Last Checked: Aug 26 at 1:06AM
MLS# 526836880

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 4,000-square-foot mixed-use property, built in 1932, offers two stories of livable and workable space. Separate utilities serve the upper and lower levels, supporting a combined business and residential setup. The property also includes a 575 SF art studio built in March 2026, a large 4-car garage, and an 800 SF unfinished basement. Vinyl siding, baseboard heating, and a composition roof complete the existing improvements.

Located at 201 N Birch St in Coquille, the property is positioned in the center of town. C-2 zoning accommodates its commercial classification, while the combination of open-use space, storage capacity, studio space, and parking creates a flexible configuration for multiple business or work-from-home applications.

Key Highlights

  • 4,000 square feet of mixed‑use space across two stories
  • 575 SF art studio built in March 2026
  • Large 4‑car garage for supplies and materials

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.

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?
Mixed-use property - C-2 zoning, separate utilities, and flexible spaces support a combined work-and-living arrangement.
Where is this mixed-use property 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: 4,000 square feet of mixed‑use space across two stories; 575 SF art studio built in March 2026; Large 4‑car garage for supplies and materials
More about this property
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