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102 Hall Ave 1,400 SF Retail Building Coos Bay, OR 97420 $799,000 ($570.71/SF)
INVESTMENT HIGHLIGHTS
- DIRECT HWY 101 FRONTAGE
- OWNER WILLING TO TRAIN
- GREAT NET INCOME
- BUSSINESS AND BUILDING IS FOR SALE!
EXECUTIVE SUMMARY
Amazing opportunity to own a thriving local business - THE BOAT Fish and Chips. Featured on “America’s Best Restaurants!” 2025 - Prime HIGHWAY 101 frontage in a high-traffic location, right next to the bay. Providing a traditional seafood menu to loyal customers while often frequented by tourists due to its unique history and excellent reputation. This is a great opportunity for someone looking to own a fun and successful restaurant business. Seating for over 80 guests, multiple Oregon Lottery machines on-site providing secondary income. Dedicated parking lot. Business, inventory, equipment, and buildings included. Everything from ground up is move-able construction, but owner would never leave this well known high-traffic spot! Land is leased at currently 5 year terms but could be negotiated longer with land owner. Again, every building, deck, room and surface above the pavement are owned by the seller and potentially moveable if new owner ever decided to relocate, but who would want to leave this location!? Highway 101 is the Most Traveled road; not only in town, but on the Southern Oregon Coast. PRIME Highway 101 LOCATION for this business, and is just 3.5 blocks from the heart of downtown. A proven track record of success, generating multiple 6-figures in annual NET income even after paying a competitive owner salary. Financial details available upon request with a signed NDA. Motivated seller ready to pass on the legacy - and is willing to stay and train under negotiable terms. OWNER MAY CARRY with substantial down payment. Looking for a business and a home? Seller may also be willing to consider selling it ALL - home and restaurant for the right price. Link to ABR Episode: https://youtu.be/80W0NQ0IvII?si=iv8NJqm85fWBGGQ0
DATA ROOM Click Here to Access
- Operating and Financials
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,400 SF
Building Class
B
Year Built/Renovated
2002/2017
Price
$799,000
Price Per SF
$570.71
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.42 AC
Zoning
I-C
Parking
27 Spaces (19.29 Spaces per 1,000 SF Leased)
Frontage
Walk Score®
Very Walkable (71)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 1006825400 | Improvements Assessment | $0 (2025) |
| Land Assessment | $0 (2025) | Total Assessment | $434,260 (2025) |
PROPERTY TAXES
Parcel Number
1006825400
Land Assessment
$0 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$434,260 (2025)
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102 Hall Ave
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