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Property profile

265 Central Ave Coos Bay, OR 97420

FOR SALE
Other sports & entertainment properties
Property ID
US71-0444893
0.11 ac lot Built 1923
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The Palace Building is a C-1 zoned commercial property located in downtown Coos Bay on Central Ave. The building provides approximately 4,200 sq ft of space on a 0.11-acre lot and features tall storefront windows, a front office, two large main rooms, a kitchen, and three ADA-compliant restrooms. Interior features include two bar areas (one with plumbing) and upstairs storage rooms. Access and logistics include parking located directly behind the building and nearby off-street, along with a…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

No data for this section
What does the county charge?

No tax or assessment record is on file for this parcel in the county feed.

Value estimate

· Oct 2026
$155k
$140k – $171k
NOI build-up
Gross scheduled income$68k
Vacancy & credit loss−$5k
Operating expenses−$23k
NOI · 7.84% cap applied$39k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
7.84%
$39k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C-1
JurisdictionCOOS

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service11.0
Parking Facility11.0
Smoke and Vape Shop9.5

Location

265 Central Ave Coos Bay, OR 97420
County assessor · not on file Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

2 recorded sales · 9 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
63060 Hwy 101, Coos Bay, OR 97420-3993 $225,000 Aug 2021 3,572 SF
295 4th, Coos Bay, OR 97420-2202 $450,000 Nov 2018 10,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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