432 2nd Ave Powers, OR 97466-9732

Property Details for 432 2nd Ave

Year built

1951

Zone code

C

Property type

Commercial real estate

APN

31 S 12 W 13 DB 8800

APU

31S12W13DB8800

Description

Exceptional investment opportunity in Powers, Oregon, featuring a substantial 8,000 square foot commercial building situated on commercially zoned land. This property, built in 1951, boasts a 4,000 square foot ground floor, previously used as a restaurant and thrift store, offering ample space for a variety of businesses. An additional 4,000 square feet on the upper level is divided into five apartment units – one two-bedroom, one-bathroom unit and four one-bedroom, one-bathroom units – providing potential for rental income or Airbnb operation. The property's prime location in the heart of Powers, adjacent to a restaurant, grocery store, and salon, ensures high visibility and convenient access. Its proximity to the Siskiyou National Forest and the Coquille River offers recreational opportunities, enhancing its appeal. Priced at $329,000, this property presents a unique chance to capitalize on its existing infrastructure and strategic location. The buyer is responsible for conducting due diligence. This is a rare chance to own a substantial commercial property with significant upside potential in a desirable Oregon location.

Location Insight

City

Powers

County

Coos

State

Oregon

Longitude

-124.071

Latitude

42.8809

CBSA code

18300

CBSA name

COOS BAY, OR MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments