$1,500,000

320 CENTRAL AVE, Coos Bay, OR 97420, US

Summary

Style: Commercial
Sq Ft: 41770
Year Built: 1924

Moving Quotes

primary photo for 320 CENTRAL AVE, Coos Bay, OR 97420, US

Remarks

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, boasting extensive square footage and offering lucrative, hassle-free ownership.

Details

MLS#: 23680699
Price: $1,500,000

Style: Commercial
Sq Ft: 41770
Year Built: 1924

County: Coos
Tax Fee: 13200.3600000000006

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Broker Contact


Pacific Properties
"Striding for Excellence in Real Estate Services"
810 S Broadway
Coos Bay, OR, 97420
US
Randy Hoffine
! 541-269-5263
! Randy@PacificPropertiesTeam.com
! Website

Information is believed to be accurate but should not be relied upon without verification.
Data Provided by Regional Multiple Listing Services
Last updated: 2024-06-06T09:39:38.000-07:00.
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