Medical Office Space with
For Sale
$500,000
2695 N 17th St, Coos Bay, OR 97420
Maintained medical office property with supplemental shop space, on-site parking, and current occupancy in the Medical Park District.
Property Size1,702 SF
Price / SF$293.77
Days on Market71
Property Features for 2695 N 17th St
General Information
Standard status
Active
Size
1,702 SF
Occupancy
100%
Building Details
Year Built
1952
Owner Occupied
No
Listing Agency:
Pacific Coast Real Estate & Development, LLC
Listed By:
Joseph Aguirre · License #201012096
(541) 217-7710
Source:
Wisser
Added: Aug 5
Changed: Sep 15
Last Checked: Oct 5 at 10:33PM
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 Pacific Coast Real Estate & Development, LLC
Investment Insights
Based on property information with market context.
Built in 1952, this 1,702 SF medical office property includes a separate large shop, creating a combination of professional workspace and supplemental utility area. The improvements are maintained and positioned on a large lot with abundant on-site parking and landscaped grounds.
The property is located in the Medical Park District at 2695 N 17th St in Coos Bay, Oregon. It is currently fully leased, providing an occupied medical office asset with an additional shop component. The sale is contingent on the adjacent property selling first.
The property is located in the Medical Park District at 2695 N 17th St in Coos Bay, Oregon. It is currently fully leased, providing an occupied medical office asset with an additional shop component. The sale is contingent on the adjacent property selling first.
Key Highlights
- 1,702 SF medical office property built in 1952
- Separate large shop included with the medical office
- Large lot with abundant on‑site parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,883
Cap Rate
3.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$337,660
$337.7K
Cap Rate 7%
$241,186
$241.2K
Cap Rate 9%
$187,589
$187.6K
Market Conditions
NOI Build-Up for 1,702 SF
Gross rent
$30.6K $18.00/SF
− Vacancy
−$2.5K −$1.47/SF
EGI
$28.1K $16.53/SF
− OpEx
−$11.3K −$6.61/SF
NOI
$16.9K $9.92/SF
Area
Coos County, OR
Vacancy
8.15%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$337,660
Cap Rate 7%
$241,186
Cap Rate 9%
$187,589
Alternative Uses
Best Use
Healthcare Medical
$241.2K
$211.0K – $281.4K
NOI $16,883 @ 7.0% cap · market cap 3.38%
Second Best
Office B
$225.8K
$197.6K – $263.5K
NOI $15,808 @ 7.0% cap · market cap 3.16%
Theoretical Best
Office A
$308.1K
$269.6K – $359.5K
NOI $21,568 @ 7.0% cap · market cap 4.31%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
667
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 Office in West region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Maintained medical office property with supplemental shop space, on-site parking, and current occupancy in the Medical Park District.
Where is this medical office space located?
The property is located at 2695 N 17th St Coos Bay, OR.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 1,702 SF medical office property built in 1952; Separate large shop included with the medical office; Large lot with abundant on‑site parking
