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780 2ND St

Bandon, OR 97411
  • $989,000
  • STATUS: Active
  • ON SITE: 53 Days
  • MLS #: 22111726
UPDATED: 40 min ago
$989,000
  • 0
    BEDS
  • 0.51
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 9,211
    SQFT
  • $107
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1997
County:

School Ratings & Info

Description

High Profile & Profitable Commercial. Leased 10 unit Office Complex in the heart of the Bandon business district. Situated above Old Town with excellent Highway 101 visibility, this well maintained 1997-built building is 9,211 square feet, consisting of two levels, an elevator, and a mix of tenants including professionals, retail and medical. Gross Revenue is $90K, NOI is $72K, making the Cap Rate at list price 7.3%. A terrific investment opportunity in one of the south coasts hottest towns.

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Listing content is copyright © 2022 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Stellar Realty Northwest are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2022-11-29T15:46:04.697.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Stellar Realty Northwest and should be independently verified.
www.oregonpropertyfinders.com/homes/133726631
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780 2ND St Bandon, OR 97411

  • Price: $989,000
  • Status: Active
  • On Site: 53 Days
  • Updated: 40 min ago
  • MLS #: 22111726
0
Beds
0
Baths
0
½ Baths
0.51
Acres
9,211
SQFT
$107
$/SQFT
1997
Built
Neighborhood:
260-Coos County
County:
Coos
Area:
260-Coos County
Property Description
High Profile & Profitable Commercial. Leased 10 unit Office Complex in the heart of the Bandon business district. Situated above Old Town with excellent Highway 101 visibility, this well maintained 1997-built building is 9,211 square feet, consisting of two levels, an elevator, and a mix of tenants including professionals, retail and medical. Gross Revenue is $90K, NOI is $72K, making the Cap Rate at list price 7.3%. A terrific investment opportunity in one of the south coasts hottest towns.
Exterior Features

Attached Garage YN No Construction Materials CementsidingWoodframe Parking Features Onsite Parking Total 44 Road Frontage 0 Road Surface Type Paved Roof CompositionShingle View Description BayRiver View YN Yes

Interior Features

Cooling Wallunit Cooling YN Yes Heating Zoned Heating YN Yes Office Square Feet 9211

Property Features

Bank Owned YN No Current Use BeautyshopMedicaldentalProfessionalservice Fuel Description Electricity Green Certification YN No Gross Income 90000 IDXAddress Display YN Yes Internet Service Type CableDsl Listing Terms CashConventional Operating Expense 18153 Property Attached YN No Property Condition Existing Property Sub Type Commercial Sale Includes BuildingLand Sewer Publicsewer Short Sale YN No Tax Annual Amount 10352.83 Tax Year 2021 Water Source Publicwater Zoning C-2

Listing provided courtesy of Coastal Sotheby's International Realty: [IDXCONTACTINFORMATION].


Listing content is copyright © 2022 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Stellar Realty Northwest are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2022-11-29T15:46:04.697.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Stellar Realty Northwest and should be independently verified.
 
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Stellar Realty Northwest
109 NW Greenwood Ave #105
Bend OR, 97703