Pub with Included
For Sale
$299,000
702 NEWMARK Ave, Coos Bay, OR 97420
CommercialSale, CoosBay, OR
Property Size1,250 SF
Price / SF$239.20
Days on Market424
Property Features for 702 NEWMARK Ave
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C-2
Directions
Newmark Ave, at corner of N Wasson
Subdivision
_260
Standard status
Active
APN
1874711
Size
1,250 SF
Taxes and HOA fees
Tax Description
25S 13 20BA TL 11100
Tax Annual Amount
1614
Legal Description
25S 13 20BA TL 11100
Utilities
Heating system
Zoned
Building Details
Year built
1931
Listing Agency:
Pacific Properties
(541) 269-5263
Listed By:
Randy Hoffine · License #200405075
(541) 260-2651
Added: Aug 13, 2025
Changed: Oct 9
Last Checked: Oct 10 at 8:06AM
MLS# 492088781
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 bar and pub offering combines the real estate, operating business, and equipment in a 1,250-square-foot property constructed in 1931. The sale includes six lottery machines, a pool table, and four televisions, providing an existing setup for continued tavern operations. The property is heated with a zoned system and carries C-2 zoning.
Located at 702 NEWMARK Ave in CoosBay, Oregon, the pub sits across from a new apartment building. The offering provides a single acquisition encompassing the building, business, and listed operating equipment.
Located at 702 NEWMARK Ave in CoosBay, Oregon, the pub sits across from a new apartment building. The offering provides a single acquisition encompassing the building, business, and listed operating equipment.
Key Highlights
- Real estate, operating business, and equipment included in the sale
- 1,250‑square‑foot tavern property built in 1931
- C‑2 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,040
Cap Rate
4.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$260,800
$260.8K
Cap Rate 7%
$186,286
$186.3K
Cap Rate 9%
$144,889
$144.9K
Market Conditions
NOI Build-Up for 1,250 SF
Gross rent
$18.0K $14.40/SF
− Vacancy
−$614 −$0.49/SF
EGI
$17.4K $13.91/SF
− OpEx
−$4.3K −$3.48/SF
NOI
$13.0K $10.43/SF
Area
Coos County, OR
Vacancy
3.41%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$260,800
Cap Rate 7%
$186,286
Cap Rate 9%
$144,889
Alternative Uses
Best Use
Specialty Retail
$186.3K
$163.0K – $217.3K
NOI $13,040 @ 7.0% cap · market cap 4.36%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$226.3K
$198.0K – $264.0K
NOI $15,840 @ 7.0% cap · market cap 5.30%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
221
Businesses Nearby
22k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 84%
Dining 10%
Home Improvements & Furnishings 6%
Chevron
Shops & Services
9,602 visits/mo
0.2 miles
7-Eleven
Shops & Services
8,588 visits/mo
0.3 miles
SUBWAY
Dining
2,157 visits/mo
0.1 miles
Fastenal
Home Improvements & Furnishings
1,200 visits/mo
0.3 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Silver Dollar Tavern — 479 Newmark Ave, Coos Bay, OR 97420
- The Dolphin Playhouse--home of the Dolphin Players — 580 Newmark Ave, Coos Bay, OR 97420
- O' Bradi — 702 Newmark Ave, Coos Bay, OR 97420
- Belle Bee Tavern — 702 newmark ave, coos bay, or 97420
Frequently Asked Questions
What type of property is this?
Bar & Pub - C-2-zoned tavern sale includes the operating business, real estate, and on-site furnishings and equipment.
Where is this bar & pub located?
The property is located at 702 NEWMARK Ave Coos Bay, OR.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Real estate, operating business, and equipment included in the sale; 1,250‑square‑foot tavern property built in 1931; C‑2 zoning
