375 Central Ave, Coos Bay, OR 97420-2208
This exceptional mixed-use property at 375 Central Avenue in Coos Bay, Oregon, presents a unique investment opportunity. Built in 1921 and extensively renovated in 2018, this two-story building offers approximately 7,000-9,999 square feet of space across a 0.21-acre lot. The property's permitted C1 zoning allows for a variety of uses, currently operating as a bar, restaurant, and traditional office space. The building features a large ballroom suitable for rental events, adding significant income potential. The main floor restaurant space is ready for new tenants, offering immediate revenue opportunities. The current limited occupancy provides flexibility for the next owner to customize the space to their vision. Located in the heart of Coos Bay (zip code 97420), this property benefits from its prime location and the significant investment currently underway in the city. The APN is 1007114701. This is a chance to acquire a piece of Coos Bay history with substantial upside potential. The building consists of one structure, offering a cohesive and manageable investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
C-1 · Coos Bay, ORCoos Bay. Always verify with local authorities before improvements.
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.