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Listed by Coastal Sotheby's International Realty
$1,595,000
Est. payment /mo
41,770 SqFt
New
340 CENTRAL AVE Coos Bay, OR 97420
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Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 41,770 sqft
Price per Sqft $38
MLS Listing ID 459409333
Year Built 1924
Annual Tax Amount $11,768
Tax Year 2024
Lot Size 10,018 Sqft
Property Sub-Type Office
Property Description
Own a Landmark: The Hall Building, Downtown Coos Bay!Step into a premier investment opportunity with the Hall Building, a cornerstone of downtown Coos Bay and a rare offering of over 40,000 square feet of affordable commercial space. This iconic five-story building blends historical charm with modern reliability, making it an exceptional addition to any investment portfolio. Built in the 1920s and thoughtfully maintained, the Hall Building showcases classic architectural details, including a marble-tiled lobby. Inside, the unique office suites are leased to a strong mix of tenants, ensuring consistent and predictable cash flow from day one. Recent capital improvements including remodeled restrooms and a brand-new roof in 2022/2023 enhance the building's long-term value and appeal. With a dedicated private parking lot offering 30 reserved spaces and additional public parking nearby, convenience is built in. Whether you're seeking a stable income-generating asset or a flagship commercial property with enduring character, the Hall Building delivers on all fronts. Schedule your private tour today and discover the potential of this historic gem. *The Seller currently has an in-progress expense (in addition to expenses noted) for updating the fire escape. Should a Buyer desire to take over and complete this project on their own, Seller is open to the idea and current contractor states they are willing to finish current stage of the process and hand over project if necessary. Seller willing to negotiate a reasonable "as-is" price. Call for more details or to schedule a showing today!
Location
State OR
County Coos
Area _260
Zoning C-1
Interior
Heating Radiant
Exterior
View Bay, City
Roof Type Membrane
Garage No
Building
Story 5
Sewer Public Sewer
Water Public Water
Level or Stories 5
Others
Acceptable Financing Cash
Listing Terms Cash
