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1175 Newmark Ave 2,700 SF Retail Building Coos Bay, OR 97420 $499,000 ($184.81/SF)
Executive Summary
Prime commercial restaurant location just off Newmark located within an opportunity zone! Currently leased, this exceptional property features ample parking in both the front and rear, a convenient drive-thru, and outstanding visibility from the main roadway. Don’t miss this high-exposure investment opportunity — call today for more information!
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,700 SF
Building Class
C
Year Built
1963
Price
$499,000
Price Per SF
$184.81
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.61 AC
Opportunity Zone
Yes
Zoning
C-2 - Commercial Zoning with an existing Drive Thru
Parking
30 Spaces (11.11 Spaces per 1,000 SF Leased)
Frontage
14’ on Newmark Avenue
Amenities
- Restaurant
- Signage
- Drive Thru
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 1000345300 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $286,390 |
Property Taxes
Parcel Number
1000345300
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$286,390
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1175 Newmark Ave
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