Riverfront Office
For Sale
$549,000
751 W RIVERSIDE Dr, Coquille, OR 97423
CommercialSale, Coquille, OR
Property Size3,456 SF
Lot Size0.73 Acres
Price / SF$158.85
Days on Market1688
Property Features for 751 W RIVERSIDE Dr
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C-2
View
River
Directions
Hwy 42 to Riverside Dr.
Subdivision
_260
Standard status
Active
APN
888200
Size
3,456 SF
Lot size
0.73 Acres
Taxes and HOA fees
Tax Description
28-13-01B TL 00700
Tax Annual Amount
3852
Legal Description
28-13-01B TL 00700
Utilities
Heating system
Zoned
Water front features
River Front
Water front
1
Amenities
large deck overlooking river front
Building Details
Year built
1960
Building materials
CementSiding, Concrete, WoodFrame
Roof type
Metal
Listing Agency:
Pacific Properties
(541) 269-5263
Listed By:
Joel Sweet · License #201214598
(541) 290-9597
Added: Feb 28, 2022
Changed: Sep 30
Last Checked: Oct 13 at 11:06PM
MLS# 22524939
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 office property in Coquille includes 3,456 square feet on 0.73 acres, with a shared entry lobby serving updated office areas. Construction features cement siding, concrete, wood framing, a metal roof, and zoned heating. A separate shop includes its own office and bathroom and is currently vacant, while long-term leases are in place elsewhere in the property.
The site fronts the river and includes a large deck oriented toward the waterfront. A paved parking area serves the improvements. Built in 1960, the property is zoned C-2 and combines office accommodations with additional shop space in a commercial setting.
The site fronts the river and includes a large deck oriented toward the waterfront. A paved parking area serves the improvements. Built in 1960, the property is zoned C-2 and combines office accommodations with additional shop space in a commercial setting.
Key Highlights
- 3,456‑square‑foot office property on 0.73 acres
- Riverfront setting with a large deck overlooking the water
- C‑2 zoning in Coquille, OR 97423
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,099
Cap Rate
5.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$641,980
$642.0K
Cap Rate 7%
$458,557
$458.6K
Cap Rate 9%
$356,656
$356.7K
Market Conditions
NOI Build-Up for 3,456 SF
Gross rent
$49.8K $14.40/SF
− Vacancy
−$7.0K −$2.02/SF
EGI
$42.8K $12.38/SF
− OpEx
−$10.7K −$3.10/SF
NOI
$32.1K $9.29/SF
Area
Coos County, OR
Vacancy
14.00%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$641,980
Cap Rate 7%
$458,557
Cap Rate 9%
$356,656
Alternative Uses
Best Use
Office B
$458.6K
$401.2K – $535.0K
NOI $32,099 @ 7.0% cap · market cap 5.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$625.6K
$547.4K – $729.9K
NOI $43,794 @ 7.0% cap · market cap 7.98%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
293
Businesses Nearby
Explore this area
Business Placement
Demographics for 97423, OR
6,986
Population
2,835
Households
2.5
Avg Household Size
49
Median Age
19%
College-Educated
91%
High-School Grad
126.6 sq mi
ZIP Area
55
Density / Sq Mi
$57,665
Median Household Income
$36,250
Median Earnings
$1,150
Median Rent
$266,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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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?
Office units - Office property with updated suites, a shared lobby, river views, and a separate shop with office and bathroom.
Where is this office units located?
The property is located at 751 W RIVERSIDE Dr Coquille, OR.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: 3,456‑square‑foot office property on 0.73 acres; Riverfront setting with a large deck overlooking the water; C‑2 zoning in Coquille, OR 97423
