Active

320 CENTRAL AVE

Coos Bay OR, 97420

$999,000


$23.92 per sqft

Active

41,770 sqft

Commercial

Built in 1924

Courtesy of Pacific Properties

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 and boasting extensive square footage. Repairs in process - get in now or price will go up as they make progress.

23680699

MLS ID

November 29, 2023

Listed

October 18, 2024

Updated

Map

320 CENTRAL AVE
Coos Bay OR, 97420

Interior Features

Total Stories

5


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Radiant

Exterior/Building Features

Lot Size

0.46 Acres


Roof

Rubber


Sewer

Public Sewer

Other Property Details

Area Name

_260


Taxes

$13,200


Tax Frequency

Annually


Days on Market

324


Garage

No


Parking

On Site


Parking Total

30


View

Yes


View Description

Bay, City


County

Coos


Water Source

Public Water


Pool

No


Zoning

C-1

Listing History

Date

Event

Price

10/10/2024

Price change

$999,000

-34%

10/10/2024

Active

8/9/2024

Pending

6/6/2024

Price change

$1,500,000

-40%

Listing Courtesy of Pacific Properties, Randy Hoffine. 541-260-2651

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 eXp Realty are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 RMLS, Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified.

This content last updated on 10/18/2024, 9:09 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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