1785 Ocean Blvd, Coos Bay, OR 97420

$2,700,000

43 Photos

Property Description

Ocean Boulevard Business Expansion Opportunity — Expand your business in a high-visibility Ocean Boulevard location with strong existing cash flow. This established, secure mini-storage property can help offset staffing, office, and utility costs while offering excellent signage, daily access, and approximately 250 feet of road frontage for displaying products, equipment, or services. The underutilized site also creates an opportunity for another business to operate from the same location. Key advantages include an elevated road position for improved drainage, gentle transition from road to parking lot, paved grounds with low-maintenance landscaping, and a current City of Coos Bay moratorium on new mini-storage units that may continue to limit future competition. Need an onsite manager? There is a temporary manager that wants to move to the site. The property includes approximately 1,000 square feet of living quarters with two bedrooms and one bathroom, plus an additional restroom in the office. The owner has actively prepared the property for sale while moving toward retirement. The numbers are equally compelling: the same owners have operated the business for 22 years, typically with only one or two units available and a waiting list in place. Contact us for details and documents.

1785 Ocean Blvd | MLS# 178196037

This commercial property located at 1785 Ocean Blvd, Coos Bay, OR 97420 is currently listed for sale with an asking price of $2,700,000. Search Coos Bay real estate on daniellegates.bendpremierrealestate.com today.

Property Features

Property Type: Commercial - Investment
Fuel Type: Electricity
Heating: WallHeater
Lot Size: 1.21 Acres
Roof Type: Composition
Stories: 1.0
Taxes: $13,801
Year Built: 1991
Square Feet: 15,858

Feature Descriptions

Business Name: Monarch Mini Storage
Days on Site: 75
Gross Income: $221026.00 (Actual)
Lot Dimensions: IRR
Miscellaneous Features: Fenced, GroundLevel, InsideStorage, Office, OutsideStorage, UtilitiesIncluded
Operating Expenses: $44230.00 (Actual)
Parking Notes: Assigned, Leased
Present Use: MiniStorage
Road Surface: Paved
Sewer: Public Sewer
Special View Info: Territorial, Trees/Woods
Square Footage: 1050 (Office)
Water: Public Water

Listed By / Shown By

Listed By

Agency Name: Seaboard Properties
Agency Contact: 541-808-7217

Shown By

Agent Name: Danielle Gates Principal Broker
Agent Phone: (541) 921-7130
Agency Title: Bend Premier Real Estate

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