985 Newmark Ave - Health Club FOR SALE


Coos Bay, OR 97420
$899,000 USD
541-740-2778
985 Newmark Ave, Coos Bay, OR for Sale
$899,000 USD
Health Club - FOR SALE
1/50
null | Request Cap Rate

985 Newmark Ave
Coos Bay, OR 97420


HIGHLIGHTS

  • Opportunity Zone
  • Parking Lot
  • 400' of Newmark Frotage - Road to Shore Acres State Park

OVERVIEW

BUILT TO THE HILT, The Bay Area Athletic Club is A SOLID INVESTMENT AVAILABLE, IN COOS BAY, OREGON! THIS 25,000 +/- SQ FT Athletic Facility features 2 Locker Rooms w/17 SHOWERS, Steam Room, Day Care Room, Two Saunas, Two Hot Tubs, & Reception Area. THERE ARE 3 WEIGHT ROOMS OFFERING A VARIETY OF EQUIPMENT FOR ALL KINDS OF FITNESS ENTHUSIASTS! 4 Racquetball Courts, Cardio Room, 1/2 BASKETBALL COURT, Massage Therapy Room & 3 lane 25 Meter Pool Round Out the Amenities! A NEW MEMBRANE ROOF WAS INSTALLED IN 2016. The Approx. 48,000 +/- SQ/FT PARKING LOT CONTAINS 85 PARKING SPACES ON SITE! The Bay Area Athletic Club sits within a Federal OPPORTUNITY ZONE which is a program that features Tax Incentives to INVESTORS! With the Pacific Coast Intermodal Port & Timber Cove Developments on the horizon, this is an "OPPORTUNE" Time to purchase this HUGE COMMERCIAL BUILDING TO CONTINUE BAAC'S LEGACY OR REDEVELOPE INTO ANOTHER COMMERCIAL VENTURE!

FOR SALE DETAILS

PRICE

$899,000 USD

PRICE/SF

$36 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Health Club

ADD'L SUBTYPES

Light Distribution

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

85

LAND DETAILS

LAND ACRES

1.92 AC

LAND SF

83,635 SF

ZONING

C-2

APN/PARCEL ID

1001884900

ASK ABOUT THIS PROPERTY

Joe BolligPacific PropertiesMore Info
541-740-2778

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Joe BolligPacific PropertiesMore Info
541-740-2778

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