2770 Woodland Dr Coos Bay, OR 97420

This exceptional 21,000 square foot multi-tenant property at 2770 Woodland Dr, Coos Bay, Oregon, presents a compelling investment opportunity. The property, encompassing 3-4.99 acres, boasts five buildings across two stories, constructed in 1963 and currently 80% occupied under a net-net lease structure. The diverse property includes medical office space, warehouse, and manufacturing facilities, catering to a variety of business needs. With a current asking price of $2,499,000 and a 7.70% cap rate, this presents strong potential for return on investment. The property features ample parking with 100 spaces and is zoned I-C, allowing for a wide range of uses, including the development of a medical complex. The location is prime, adjacent to existing medical facilities, and over an acre of land has already been cleared, graded, and graveled, ready for further construction. This business park offers significant redevelopment potential, making it an ideal acquisition for investors seeking a versatile and high-yield asset in a thriving Oregon location. The APN is 357300 and the zip code is 97420. This is a Class C property.