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Property profile & analytics
OFF-MARKET Estimated value $795,000
Turn key restaurants

375 Central Ave Coos Bay, OR 97420-2208

14,268 SF 0.21 ac lot Built 1921
Individually Owned ~ Est. High Equity
Property ID
US71-0553402
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1921
Total area 14,268 SF
Lot 0.21 ac (9,148 SF)
Zoning code C-1
APN 25 S 13 W 26 CC 7401
UPID US71-0553402
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$795k
Owner & transaction history
Guy Newman Foster
Guy Newman Foster
since 2026
Last sale
$825,000
7 recorded transactions
2026
$825,000
2023
$956,662
2023
Price N/A
2023
Price N/A
2020
$660,000
2019
Price N/A
2016
$371,000
Zoning & alternative use
C-1 · Coos Bay, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source Coos Bay Municipal Code
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