Active

2699 N 17TH ST

Coos Bay OR, 97420

$8,500,000


$292.99 per sqft

Active

29,011 sqft

Commercial

Built in 1979

Courtesy of Pacific Properties

HUGE PRICE REDUCTION!!! $1,800,000 price adjustment on this multi-tenant net leased investment!!! Medical Campus is occupied by an established orthopedic surgery and physical therapy center and ENT, with a new 5 year lease base term generating high returns and passive income. The subject property comprises 4 buildings totaling 29,011 SQFT and is positioned on a 2.01 acre lot adjacent to similar facilities in the medical district. Sale also includes 30X40 shop for maintenance and storage. NNN long term leases generating $606,651 Annual net income 7.1% Cap Rate at full price. Owners are selling real estate and retaining the businesses. Seeking quality landlord to collect $50,000 per month for the next 5 years with zero day to day responsibilities. Tenants pay all utilities, interior maintenance, property taxes, and insurance.

22528870

MLS ID

December 19, 2022

Listed

September 7, 2024

Updated

Map

2699 N 17TH ST
Coos Bay OR, 97420

Interior Features

Total Stories

2


Fireplace

No


Cooling

Yes


Cooling Description

Heat Pump


Heating

Yes


Heating Description

Heat Pump

Exterior/Building Features

Lot Size

3.38 Acres


Roof

Composition, Rubber


Sewer

Public Sewer

Other Property Details

Area Name

_260


Taxes

$58,833


Tax Frequency

Annually


Days on Market

628


Garage

No


Parking

On Site


Parking Total

116


View

Yes


View Description

Seasonal, Trees Woods


County

Coos


Water Source

Public Water


Pool

No


Zoning

MP

Listing Courtesy of Pacific Properties, Joel Sweet. 541-290-9597

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This content last updated on 9/7/2024, 8:38 AM UTC. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available

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