751 Riverside Dr - Showroom FOR SALE


Coquille, OR 97423
$525,000 USD
541-290-9597
751 Riverside Dr, Coquille, OR for Sale
$525,000 USD
Showroom - FOR SALE
1/28
null | 6.31% Cap Rate

751 Riverside Dr
Coquille, OR 97423


HIGHLIGHTS

  • Excellent Visibility
  • River Frontage
  • Strong Tenant Base
  • Income Producing

OVERVIEW

NEW PRICE !!! Fantastic opportunity to purchase this beautiful river front, income property. Currently leased to DMV and MJ retailer generating $3,250 per month with long term leases. Additional vacant shop space market rent is $1,200-$1,500 owners are currently negotiating a lease and there is a outbuilding and parking area that will rent for $500-$750 for food truck that is also currently negotiating lease. Total projected income of $5,000-$5,500. Buildings are built to last with metal roof, hardy cement siding, and massive concrete pillar foundation. Excellent layout with common lobby area leading to clean updated spaces with attractive finishes and fixtures. Large deck overlooking the beautiful, deep, salmon rich, Coquille river front. Separate shop with office and bathroom is vacant. Large paved parking lot and excellent location.

FOR SALE DETAILS

PRICE

$525,000 USD

PRICE/SF

$152 USD /SF

CAP RATE

6.31%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Showroom

ADD'L SUBTYPES

Freestanding, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

UTILITIES

Gas - Natural, Water - City, Sewer - City, Heating - Electric

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.73

LAND SF

31,799

ZONING

C-2

APN/PARCEL ID

1000888200

ASK ABOUT THIS PROPERTY

Joel SweetPacific PropertiesMore Info
541-290-9597

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Joel SweetPacific PropertiesMore Info
541-290-9597

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.