Auto Shop with Fenced
For Sale
$995,000
390 N FRONT St, Coos Bay, OR 97420
CommercialSale, CoosBay, OR
Property Size7,300 SF
Lot Size0.42 Acres
Price / SF$135.93
Days on Market99
Property Features for 390 N FRONT St
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
I-C
Directions
Front St to Address
Subdivision
_260
Standard status
Active
APN
6490500
Size
7,320 SF
Lot size
0.42 Acres
Taxes and HOA fees
Tax Description
25S1326CATL1200
Tax Annual Amount
5550
Legal Description
25S1326CATL1200
Utilities
Heating system
Natural Gas, Ductless (Heating)
Cooling system
Exhaust Fan (Cooling)
Water front
1
Amenities
waterfront
Building Details
Year built
1959
Floors in Building
1
Building materials
MetalFrame, MetalSiding
Roof type
Metal
Listing Agency:
Pacific Coast Real Estate & Development, LLC
(541) 808-3297
Listed By:
Joseph Aguirre · License #201012096
(541) 808-3297
Added: May 19
Changed: Aug 25
Last Checked: Aug 25 at 8:06AM
MLS# 585473820
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 auto shop is housed in a metal-framed, metal-sided building with a metal roof and a fully enclosed yard. The property is currently operating as a paint and auto-body facility, with a paint booth, industrial compressor, and related equipment in place. Heating includes natural gas and ductless systems, while cooling is provided by an exhaust fan. The building dates to 1959 and is zoned I-C.
The site occupies approximately 0.42 acres along the waterfront portion of Front Street in Coos Bay, with Highway 101 visibility and established ingress and egress. Its setting includes deep-water frontage, and the property information identifies potential access to a deep-water dock. The address is 390 N FRONT St, CoosBay, OR 97420.
The site occupies approximately 0.42 acres along the waterfront portion of Front Street in Coos Bay, with Highway 101 visibility and established ingress and egress. Its setting includes deep-water frontage, and the property information identifies potential access to a deep-water dock. The address is 390 N FRONT St, CoosBay, OR 97420.
Key Highlights
- Approximately 0.42‑acre waterfront industrial site
- I‑C zoning
- Currently operating paint and auto‑body facility
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
$77,475
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
7.79%
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%
$1,549,500
$1.5M
Cap Rate 7%
$1,106,786
$1.1M
Cap Rate 9%
$860,833
$860.8K
Market Conditions
NOI Build-Up for 7,320 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
$123.0K $16.80/SF
− Vacancy
−$12.3K −$1.68/SF
EGI
$110.7K $15.12/SF
− OpEx
−$33.2K −$4.54/SF
NOI
$77.5K $10.58/SF
Area
Coos County, OR
Vacancy
10.00%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
30.00%
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%
$1,549,500
Cap Rate 7%
$1,106,786
Cap Rate 9%
$860,833
Alternative Uses
Best Use
Retail
$1.11M
$968.4K – $1.29M
NOI $77,475 @ 7.0% cap · market cap 7.79%
Second Best
Flex RnD
$862.3K
$754.5K – $1.01M
NOI $60,362 @ 7.0% cap · market cap 6.07%
Theoretical Best
Office A
$1.33M
$1.16M – $1.55M
NOI $92,759 @ 7.0% cap · market cap 9.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
881
Businesses Nearby
Well-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
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Mast Bros Towing & Collision — 175 Hall Ave, Coos Bay, OR 97420
- The Garage Coos Bay — 801 s 2nd st, coos bay, or 97420
- Second Street Foreign Car Services — 801 s 2nd st, coos bay, or 97420
- Berger's Top Services Body Shop Inc — 180 Ingersoll Ave, Coos Bay, OR 97420
- Ted's Transmission Services — 727 S 2nd St, Coos Bay, OR 97420
Frequently Asked Questions
What type of property is this?
Auto shop - Industrial building with a paint booth, compressor, and operating auto-body equipment.
Where is this auto shop located?
The property is located at 390 N FRONT St Coos Bay, OR.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Approximately 0.42‑acre waterfront industrial site; I‑C zoning; Currently operating paint and auto‑body facility
