Coos Bay, OR 97420,990 S 2ND ST
Coos Bay, OR 97420,990 S 2ND ST
Coos Bay, OR 97420,990 S 2ND ST
Coos Bay, OR 97420,990 S 2ND ST
Coos Bay, OR 97420,990 S 2ND ST
Coos Bay, OR 97420,990 S 2ND ST
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Listed by Pacific Properties • 541-290-9597
Bought with Pacific Properties

$995,000

$995,000

Est.Price: ?

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Est. payment /mo

10,500 SqFt


SOLD DATE : 08/21/2023

Key Details

Sold Price $995,000

Property Type Commercial

Sub Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 10,500 sqft

Price per Sqft $94

MLS Listing ID 23049923

Sold Date 08/21/23

Year Built 1976

Annual Tax Amount $17,271

Tax Year 2022

Lot Size 1.000 Acres

Property Description

7,000 sf office leased building constructed in 1976 for bank occupancy. It includes a teller window and six drive thru bays with a 3,500sf (carport)cover. The building is single story, great quality, and in very good structural condition. In 2016, the exterior was painted; a new exterior facade was installed and the State of Oregon invested $175,000 on interior work including all solid core wood doors with good hardware, matching existing hardware in the building. The interior appeal is well above average after the recent remodeling. New vinyl membrane roof in 2022. New $100k HVAC system is scheduled to be installed as soon as the parts arrive. Triple Net NNN Leased to State of Oregon Employment Division. 8.9% cap rate at list price. Watch Video!!

Location

State OR

County Coos

Area _260

Zoning C-2

Interior

Heating Heat Pump

Cooling Heat Pump

Exterior

View Y/N false

Garage No

Building

Sewer Public Sewer

Water Public Water

Others

Acceptable Financing CallListingAgent, Cash, Conventional

Listing Terms CallListingAgent, Cash, Conventional

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Charles "Phil" Carscallen

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Regional Multiple Listing Service (RMLS)
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+1(503) 453-5512

phil.carscallen@gmail.com

346 SE 9th Ave, Hillsboro, OR, 97123, USA

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