295 S BROADWAY Coos Bay, OR $ 1,299,950
295 S BROADWAY
$ 1,299,950
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295 S BROADWAY

Coos Bay, OR, 97420
$ 1,299,950
Baths0.0 Sq 8,680

Monthly Estimate*

$ 8,640

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Studio

Commercial Property for sale in Coos Bay, OR

for $1,299,950. This 8,680 square foot building was built in 1927 on a lot size of 0.14.

Fantastic opportunity to purchase this well-established tavern and restaurant in excellent downtown Coos Bay location directly on Highway 101. For over 30 years the "Coney Station" has had an excellent reputation offering great food, fantastic cocktails, and live music in a relaxed, yet upbeat atmosphere. Sale includes the beautifully decorated and recently updated building featuring a light and bright main dining/bar area, with large windows and attractive finishes and décor. Back of house features a large fully equipped kitchen including all equipment and stainless fixtures as well as newer fire suppression system, and much more. The separate entrance and large banquet room with poker area offers some excellent additional income. Excellent corner location on major intersection in area of similar restaurant and retail business. With limited owner responsibilities and positive cash flow this business is offered fully functional and turnkey including all furniture, fixtures and equipment as well as inventory and all business assets. Upstairs there are 2 apartments, one is a 2 bedroom and nicely appointment and well maintained, as well as a 1 bedroom in need of minor renovations. Take advantage of the tourism and sport fishing crowds as well as the loyal local customer base already in place or add your own unique spin on this classic, community favorite. Oregon Lottery approved and infrastructure in place to add 6 machines!!! Business entity, licenses and all service agreements to be transferred to the lucky buyer at closing along with all real estate, FF&E, and inventory. Call today for details on this once in a life time opportunity to own this iconic restaurant in the heart of beautiful Coos Bay Oregon.

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Commercial Active

Price

$ 1,299,950

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 5,927

Style

Commercial

Lot Size

0.14

Year Built

1927

Town/City

Coos Bay

County/Region

Coos

MLS | Web ID

24355354

Features
General
Sewer PublicSewer
Heating Zoned
Roof BuiltUp
Zoning i-C
Construction Materials Concrete
Year Built 1927
Sale Includes Building Business Equipment
Stories 2
Property SubType Commercial
Tax Year 2023
Current Use Bar MultiFamily Restaurant
Gross Income 403708.0
Business Name Coney Station
County Coos
Operating Expense 362007.0
Property Type CommercialSale
Status Active
Directions Hwy 101 Corner of Curtis and Broadway
City CoosBay
MLS Area _260
Lot Size Square Feet 6098.0
Street Name BROADWAY
Listing Terms Cash Conventional
Tax Annual Amount 5927.6
Property Condition Approximately
Days on Market 26
Lease Type MonthToMonth
Standard Status Active
Legal Description 25S1335-BA-TL800
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Exterior
Road Frontage 150
Parking Features OffSite
Water Source PublicWater
Number of Buildings 1
Building Area Total 8680.0
Lot Size Acres 0.14
Road Surface Type Paved
Other Equipment Fixtures Furniture
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Internal Only
Street Number 1 295
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* Excluded Features
List By
Pacific Properties

Broker

Joe@pacificpropertiesteam.com

Email

Affordability Calculator

$9,134
Per Month
95%
5%
0%
Monthly Principal & Interest
$8,640
Monthly Property Taxes
$494
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1949264 Elementary School
1949174 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/14/2024$1,299,950 Listed Price

Map


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295 S BROADWAY, Coos Bay, OR, 97420 is a Commercial Property for sale at $1,299,950 with 8,680 sqft and a lot size of 0.14. 295 S BROADWAY is a studio with 0.0 baths and was built in 1927. The property's zip code is 97420 which is in Coos Bay, OR