Share This Listing

Message

926 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Fresh Coast Laundry - Laundromat 1921 Virginia Ave 2,106 SF Retail Building North Bend, OR 97459 $3,000,000 ($1,424.50/SF) 7% Cap Rate

Save this listing!

Favorite this listing to get notified of price updates, new media and more

EXECUTIVE SUMMARY

Two state-of-the-art laundromats located in the largest city on the Oregon coast. These well-maintained facilities are stand-alone buildings with newer Dexter equipment, updated plumbing, and brand new FasCard payment platforms.
- 1921 Virginia Ave North Bend - 2100sqft with 21 Dexter washers ranging from 20lb to 90lb and 12 dual-pocket Dexter dryers 30 and 50lb.
- 693 Central Ave Coos Bay - 1800sqft with 17 Dexter washers ranging from 20lb to 90lb and 10 dual-pocket Dexter dryers 30 and 50lb.
A third location 20 minutes to the North in the city of Reedsport is also available as part of this sale to a potential buyer.
- 320 N 14th Street Reedsport - 2000sqft with 21 dexter washers and 12 dual-pocket Dexter dryers.
This facility is a mirror image of the North Bend location with gross income coming in between the Coos Bay/North Bend locations. Additional location priced at $900,000. Sale price for all three locations is 3.9M.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,106 SF
Year Built
1963
Price
$3,000,000
Price Per SF
$1,424.50
Cap Rate
7%
NOI
$210,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.40
Lot Size
0.12 AC
Opportunity Zone
Yes
Zoning
C-G
Frontage
176’ on Virginia Avenue

NEARBY MAJOR RETAILERS

Grocery Outlet
Starbucks
the Human Bean
Banner Bank
Safeway
Rent-A-Center
Columbia Bank
Dutch Bros
U.s. Bank Branch

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 1000255900
  • 1006281700
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$511,845
  • Listing ID: 38466426

  • Date on Market: 11/15/2025

  • Last Updated:

  • Address: 1921 Virginia Ave, North Bend, OR 97459

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}