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Property summary
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 rear loading ramp for deliveries. The building is situated on Central Ave near the seasonal Farmers Market and about one block from the waterfront boardwalk. The structure has historically been used as a stationery supply store and later operated as Coos Bay Elks Lodge #1160, and its layout supports uses such as restaurant, retail, or office; the building is also configured in a way that can accommodate multiple tenant spaces.
Property profile
VerifiedCap rate & NOI
Current use
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Volunteer Organization Community Center
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Coos Bay market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C-1 · Coos Bay, ORZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for C-1 in Coos Bay, OR.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
