$ 999,000
320 CENTRAL AVE Coos Bay, OR 97420
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Listed by Pacific Properties • 541-260-2651
$ 999,000
Est. payment | /mo
41,770 SqFt
$ 999,000
Est. payment | /mo
41,770 SqFt
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 41,770 sqft
Price per Sqft $23
MLS Listing ID 23680699
Year Built 1924
Annual Tax Amount $13,200
Tax Year 2023
Lot Size 0.460 Acres
Property Description
Explore the pinnacle of downtown Coos Bay's prestige embodied by the iconic Hall Building, boasting over 40,000 square feet of unparalleled commercial space. This distinguished structure offers a remarkable five-story arrangement of leased office spaces, each exuding its unique character, complemented by an exclusive private parking lot. The timeless allure of 1920s architecture is celebrated within, showcased by an impressive grand lobby adorned with luxurious marble tile and an elegant brass elevator.Distinguished by a diverse tenant base operating on annual leases, the Hall Building ensures a consistent positive cash flow, presenting a turnkey investment opportunity that seamlessly aligns with your portfolio goals. Recent upgrades including several remodeled bathrooms, a newer natural gas boiler, and a new roof installed in 2022/2023 add value and peace of mind to this prestigious property.Convenience is paramount, as the property provides a private parking lot with 30 reserved spots alongside adjacent public parking. Offering approximately 50 leaseable office spaces, the building's expansive layout encompasses over 40,000 square feet, providing versatility to accommodate various business needs. Elevate your investment portfolio with the Hall Building - an emblem of historical charm and boasting extensive square footage. Repairs in process - get in now or price will go up as they make progress.
Location
State OR
County Coos
Area _260
Zoning C-1
Interior
Heating Radiant
Exterior
View Bay, City
Roof Type Rubber
Garage No
Building
Story 5
Sewer Public Sewer
Water Public Water
Level or Stories 5
Others
Acceptable Financing Cash
Listing Terms Cash
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Brian Johnson
REALTOR®, Licensed in Oregon & Washington | Lic# 201220025