Medical Office
2699 N 17TH ST Coos Bay, OR 97420
2699 N 17TH ST, Coos Bay, OR, 97420
$3,500,000
For Sale
$3,500,000
Well-maintained medical facility with x-ray capabilities, specialized treatment areas, and extensive on-site parking.
Property Size21,692 SF
Lot Size1.54 Acres
Price / SF$161.35
Days on Market98
Property Features for 2699 N 17TH ST
General Information
- Standard status
- Active
- Size
- 21,692 SF
- Lot size
- 1.54 Acres
Building Details
- Year Built
- 1979
Listing agency
Pacific Coast Real Estate & Development, LLC
(541) 217-7710
Listed by
Joseph Aguirre · License #201012096
Source
Realestatepdx
Added: Apr 15 Updated: Jul 20 at 7:14PM Checked: Jul 21 at 3:02AM
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.
This well-maintained medical office building is designed for immediate occupancy and supports specialized healthcare operations. The property includes extensive improvements tailored to immediate care and orthopedic surgery, with x-ray capabilities and specialized treatment areas intended to support efficient patient flow.
Set on 1.54 acres, the site offers ample on-site parking and excellent ingress and egress. The building is located within an established healthcare corridor and provides strong visibility in the surrounding medical district.
The existing layout and infrastructure are suited for a range of medical and professional uses, offering practical flexibility for an owner-user or investor.
Set on 1.54 acres, the site offers ample on-site parking and excellent ingress and egress. The building is located within an established healthcare corridor and provides strong visibility in the surrounding medical district.
The existing layout and infrastructure are suited for a range of medical and professional uses, offering practical flexibility for an owner-user or investor.
Key Highlights
- Well‑maintained medical facility built in 1979 with 21,692 SF on 1.54 acres
- Includes X‑ray capabilities and specialized treatment areas designed for orthopedic surgery and immediate care workflows
- Extensive improvements tailored for medical operations and patient flow efficiency
Local Financial Insights For Healthcare Medical
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 | $390.5k | $18.00 |
| − Vacancy | −$31.8k | −$1.47 |
| EGI | $358.6k | $16.53 |
| − OpEx | −$143.5k | −$6.61 |
| NOI | $215.2k | $9.92 |
21,692 SF · lease $18.00/SF/yr · vacancy 8.15% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$3.07M
$2.69M – $3.59M
NOI $215,180 @ 7.0% cap · market cap 6.15%
Second Best
Office B
$2.88M
$2.52M – $3.36M
NOI $201,475 @ 7.0% cap · market cap 5.76%
Theoretical Best
Office A
$3.93M
$3.44M – $4.58M
NOI $274,881 @ 7.0% cap · market cap 7.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Medical centers
Similar For Sale Nearby
FAQs
What type of property is this?
Medical center - Well-maintained medical facility with x-ray capabilities, specialized treatment areas, and extensive on-site parking.
Where is this medical center located?
The property is located at 2699 N 17TH ST Coos Bay, OR.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Well‑maintained medical facility built in 1979 with 21,692 SF on 1.54 acres; Includes X‑ray capabilities and specialized treatment areas designed for orthopedic surgery and immediate care workflows; Extensive improvements tailored for medical operations and patient flow efficiency
