Historic Carriage House
203 N Birch St Coquille, OR 97423
203 N Birch St, Coquille, OR, 97423
$285,000
For Sale
$285,000
Historic 1930 carriage house offers open barn space with office, mezzanine, and two attached stables on C-2 zoned land.
Property Size2,392 SF
Lot Size2.27 Acres
Price / SF$119.15
Days on Market21
Property Features for 203 N Birch St
General Information
- Standard status
- Active
- Size
- 2,392 SF
- Lot size
- 2.27 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1930
Listing agency
River Cities Realty Inc
(541) 297-2136
Listed by
Ann Parker · License #890600170
(541) 297-2136
Source
Allprofessionalsre
Added: Jul 1 Updated: Jul 21 at 3:39PM Checked: Jul 21 at 3:39PM
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 River Cities Realty Inc
Investment Insights
Based on property information with market context.
Built in 1930, this historic carriage house includes approximately 2,392 sq. ft. of open-concept barn space. The interior features a woodburning stove, a dedicated office, and a small mezzanine. Two horse stables are attached to the barn, adding flexibility for equestrian use or storage needs.
The property sits on 2.27 acres and includes a treed main lot with a lower pasture area that includes seasonal wetlands. It is located across from the Community Center and Pool, providing convenient visibility. The property is zoned C-2, and buyers are encouraged to confirm intended use with the city.
Additional details, including any aspects of square footage or acreage, should be verified by the buyer.
The property sits on 2.27 acres and includes a treed main lot with a lower pasture area that includes seasonal wetlands. It is located across from the Community Center and Pool, providing convenient visibility. The property is zoned C-2, and buyers are encouraged to confirm intended use with the city.
Additional details, including any aspects of square footage or acreage, should be verified by the buyer.
Key Highlights
- Historic carriage house built in 1930, offering 2,392 SF of open‑concept barn space
- C‑2 zoned commercial property on 2.27 acres
- Includes a dedicated office space and a small mezzanine
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $31.6k | $13.20 |
| − Vacancy | −$1.2k | −$0.51 |
| EGI | $30.3k | $12.69 |
| − OpEx | −$10.6k | −$4.44 |
| NOI | $19.7k | $8.25 |
2,392 SF · lease $13.20/SF/yr · vacancy 3.89% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$281.8K
$246.6K – $328.8K
NOI $19,725 @ 7.0% cap · market cap 6.92%
Second Best
Industrial
$275.9K
$241.4K – $321.9K
NOI $19,311 @ 7.0% cap · market cap 6.78%
Theoretical Best
Office A
$433.0K
$378.9K – $505.2K
NOI $30,311 @ 7.0% cap · market cap 10.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Horse & equestrian property - Historic 1930 carriage house offers open barn space with office, mezzanine, and two attached stables on C-2 zoned land.
Where is this horse & equestrian property located?
The property is located at 203 N Birch St Coquille, OR.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Historic carriage house built in 1930, offering 2,392 SF of open‑concept barn space; C‑2 zoned commercial property on 2.27 acres; Includes a dedicated office space and a small mezzanine
