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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