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    161 Anderson Ave Coos Bay, OR 97420-1671

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    161 Anderson Ave Coos Bay, OR 97420-1671


    • Office buildings
    • 6,750 SF
    • 0.15 lot acres
    Off-Market
    Property ID
    US71-0393906
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $595,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office buildings

    Property Details for 161 Anderson Ave

    Year built
    1953
    Lot size
    0.15 lot acres
    Property size
    6,750 SF
    Zone code
    C-1
    Property type
    Office buildings
    APN
    25 S 13 W 26 CD 6200
    APU
    25S13W26CD6200

    Description

    This exceptional 10,000-square-foot mixed-use building, located at 161 Anderson Ave in Coos Bay, Oregon, presents a unique investment opportunity. Built in 1953 and renovated in 2015, this two-story, Class C property boasts a versatile layout previously used as medical office, restaurant, and traditional office space. Currently vacant, the building offers significant potential for a variety of uses, benefiting from its prime downtown location. The property features a recently updated interior, including new carpeting in a large room, and a recently inspected fire alarm/sprinkler system. Ample parking is available in nearby public lots and on the street. Its prominent location on Anderson Avenue ensures high visibility from Highway 101, attracting both vehicular and pedestrian traffic. Situated within the Facade Improvement and Urban Renewal grant zones, this property offers potential for additional financial incentives. The vibrant downtown area provides access to the farmer's market, annual festivals, the Coos Bay Art Museum, a local brewery, and the waterfront boardwalk. The 0.15-acre lot is zoned C-MX, and the building is priced at $425,000 ($42.50/sq ft), representing a significant value proposition. The property's proximity to Highway 101 and abundant public parking further enhances its appeal. A neighboring building is also available for purchase. This is a rare chance to acquire a well-located, versatile commercial property in a thriving Oregon coastal community.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $592,000
      Market price range: $593k - $2.23M
      AI Estimate
      $592,000
      Market price range: $593k - $2.23M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Coos Bay
    County
    Coos
    State
    Oregon
    Longitude
    -124.214
    Latitude
    43.3669
    CBSA code
    18300
    CBSA name
    COOS BAY, OR MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,947
    $0.00
    $0.00
    $227,360
    -
    $100,990
    $248,310
    $349,300
    More about this property
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