$ 425,000
161 W ANDERSON AVE Coos Bay, OR 97420
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Listed by RE/MAX South Coast
$ 425,000
Est. payment | /mo
10,000 SqFt
$ 425,000
Est. payment | /mo
10,000 SqFt
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 10,000 sqft
Price per Sqft $42
MLS Listing ID 22626646
Year Built 1953
Annual Tax Amount $3,947
Tax Year 2023
Lot Size 6,534 Sqft
Property Description
2-story Commercial Building in the Heart of Downtown Coos Bay. Move your business or start-up to the downtown of Oregon's largest coastal city! Many possibilities with this building. Former retail, restaurant, and office space. Or explore conversion to housing and take advantage of the Multiple-Unit Property Tax Exemption Program's 10-year tax incentive. Building is also in the Urban Renewal Improvement grant zone. Check with the City of Coos Bay for grant and tax initiative details. This building has many beneficial features and improvements. Beautiful original wood floors on upper floor! Newer forced air and ductless units with A/C. Newly installed carpet in one of the large rooms. Light bulbs were recently replaced throughout the building. Fire alarm/sprinkler system passed annual 2024 inspection. Ample parking in free public lots directly behind the building plus street parking on two sides. Building is visible from Hwy 101 to capture heavy vehicle and pedestrian traffic. Located in the downtown core near the Farmer's Market, multiple annual festivals, Coos Bay Art Museum, popular brewery, & lively waterfront boardwalk used by locals & tourists. Make an appointment today and see the many possibilities this building and Coos Bay's downtown has to offer.
Location
State OR
County Coos
Area _260
Zoning C-1
Interior
Heating Forced Air, Mini Split
Cooling Mini Split
Equipment SecuritySystem, Sprinkler
Exterior
View City
Roof Type Flat
Parking Type Off Site, On Street
Garage No
Building
Story 2
Sewer Public Sewer
Water Public Water
Level or Stories 2
Others
Acceptable Financing Cash, Contract, Conventional
Listing Terms Cash, Contract, Conventional
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Don Johnson, PC
Principal Broker | Lic# 910900068