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    751 Riverside Dr Coquille, OR 97423

    Sponsored
    For Sale
    $525,000

    Riverfront income property, multi-tenant, high cap rate.

    Property size:
    3,456 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Coquille, Oregon, investment opportunity presents a mixed-use retail complex situated on a 0.73-acre waterfront lot at 751 W Riverside Dr, 97423. The property boasts two buildings totaling 3,456 square feet, constructed in 1960 with durable metal roofing, hardy cement siding, and a substantial concrete pillar foundation. Currently 80% occupied, the property generates a monthly income of $3,250 with long-term tenants. The lease structure is Net-Net (NN), with the owner responsible for taxes, insurance, water, sewer, and garbage; tenants cover electricity, gas, and janitorial services. A vacant shop with an office and bathroom offers potential for increased revenue; a shop could be leased for $950 per month. The property features a large deck overlooking the river, ample paved parking for 30 vehicles, and is zoned C-2. The asking price is $525,000, representing a compelling 6.33% cap rate and a price per square foot of $151.91. The remaining lease term on existing tenancies is two years. This property offers a rare combination of strong income generation, desirable waterfront location, and significant upside potential. The APN is 888200.

    Property Features for 751 Riverside Dr

    General Information

    Property type
    Individual retail properties
    Square Feet
    3,456 SF
    Lot Size
    31,799 SF

    Building Details

    Year Built
    1960
    Buildings
    2

    HighLights

    • $525,000 asking price.
    • Retail and land property with a storefront subtype.
    • Net‑Net lease, multi‑tenant occupancy with 2 years remaining on leases.
    • 3,456 square feet, $151.91 per square foot, 6.33% cap rate, and 80% occupancy.
    • Built in 1960, two buildings on a 0.73‑acre lot with 30 parking spaces.
    • C‑2 zoning, APN 888200, located at 751 W Riverside Dr, Coquille, OR 97423.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Coquille
    County
    Coos
    State
    Oregon
    Longitude
    -124.1971215
    Latitude
    43.1742378

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    FAQs

    What type of property is this?
    Individual retail property - Riverfront income property, multi-tenant, high cap rate.
    Where is this individual retail property located?
    The property is located at 751 Riverside Dr Coquille, OR.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: $525,000 asking price.; Retail and land property with a storefront subtype.; Net-Net lease, multi-tenant occupancy with 2 years remaining on leases.
    Request Owner's contact information
    751 Riverside Dr Coquille, OR 97423
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    Coquille, OR 97423
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    751 Riverside Dr Coquille, OR 97423
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