0 Michigan Ave Coos Bay, OR 97420
This exceptional 28-acre commercial property, located at 0 Michigan Ave, Coos Bay, Oregon (97420), presents a unique investment opportunity. Situated on the waterfront, this land boasts its own private beach and island, a truly rare find in the market. Zoned W-I and C, the property offers considerable flexibility for development. Existing pilings and platted access are in place, simplifying development plans. The land comprises several tax lots, providing potential for diverse uses. Its strategic location directly across from the proposed new container facility on the North Spit offers significant long-term growth potential. Imagine the possibilities: a private retreat, a commercial venture capitalizing on the thriving salmon fishing industry, or a unique combination of both. This is a chance to own a piece of Oregon's stunning coastline with exceptional commercial potential. The asking price is $499,950. Don't miss this extraordinary chance to create something truly special. This property is ready for your vision.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.