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Property profile

1515 Newmark Ave Coos Bay, OR 97420

OFF-MARKET
Warehouses
8,000 SF 1.33 ac lot Built 1986
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Property summary

AI-generated overview

This exceptional 1.33-acre commercial property at 1515 Newmark Ave, Coos Bay, Oregon (APN 344100), offers 8,000 square feet of versatile space ideal for warehouse, manufacturing, or distribution. The property, built in 1986, includes four buildings and is currently vacant, presenting a unique opportunity for immediate occupancy. The main structure boasts 8,000 square feet of shop space, featuring heavy 3-phase power, large roll-up doors, concrete floors, and a paint booth. A smaller office/showroom area (768 sq ft) is also included. The property's C-2 zoning allows for a wide range of permitted uses. The site's layout offers excellent visibility and convenient ingress/egress, situated on busy Newmark Ave among similar commercial businesses. Adding to its appeal is a residential dwelling located on the rear of the lot, perfect for a live/work scenario. This property's combination of ample space, versatile zoning, and convenient location makes it a rare find in Coos Bay. The asking price is $769,000. The property's location is in Coos County, Oregon, zip code 97420.

Property profile

Verified
Property type Warehouses
Year built 1986
Total area 8,000 SF
Lot 1.33 ac (57,935 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1515 Newmark Ave Coos Bay, OR 97420
Coos Bay metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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