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320 Central AvenueCoos Bay, OR 97420Price: $2,500,000

  • Price: $2,500,000
  • 146 Days on Market
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Federal 30-year interest rate: 7.1% last updated on Apr 18, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $2,500,000List Price
  • 0.46Acreage
  • 41,770Square Feet
Listed by Randy Hoffine and Chuck Ezelle of Pacific Properties (541-982-6900)
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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.

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Based on information submitted to OR_RMLS_WEB_API as of April 22, 2024 10:45 PM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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