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MLS Property Details - MLS Number 125-2586
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| Property Type: | Business/Commercial |
| Price: | $ 725,000 |
| MLS Number: | 125-2586 |
| Possession: | NEG |
| Status: | Expired |
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| Address: | 2 & 20 N Central Ave Coquille, OR 97423 |
| Directions: | N side of HWY 42S, can't miss it! |
| Property Descript: | Map 28-13-01AC TL7400 & 7600. See deed. |
| Features: | ONE OF THE MOST PROMINENT & HISTORIC COQUILLE COMMERCIAL LOCATIONS SINCE 1910 – Longtime established, turn-key and very profitable Restaurant Bar & Grill. Prime Highway 42S (which leads to I-5) & Central Avenue frontage with 9,000+/- daily car count. Sale includes two buildings remodeled into one with a footprint of 6,850+/- sq. ft. on the ground floor with 4,350+/- sq. ft. being the Bar & Restaurant. Both the Restaurant & Bar were completely remodeled (new electrical & plumbing, etc. etc. etc...) by the current owners, whom have owned & operated for nearly 15 years. 2nd floor has 5 apartments (one 3BD/1BA, one 2BD/1BA (with great views of the Coquille River) and three studios w/ shared bath & showers) and all units are nearly always 100% occupied. In addition, the vacant 2,500 sq. ft. portion of the building has great street frontage that potentially could be another separate business or expansion space for the Bar & Restaurant. Great overall parking. The Bar has very profitable Oregon state lottery machines, Keno, Blackjack Table and room to build a full scale card room. Owner will train and may finance with large down. Business opportunity for sale at $225,000. View online at www.CoastProperties.com |
| Personal Property: | TBD |
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| Bedrooms: | |
Baths: | |
Style: | Historic |
| Age/Yr Built: | 1910 |
Approx Sq Ft: | 10,000+ |
Levels: | 2+ basements |
| Family: | |
Dining: | |
Laundry: | |
| Fireplace: | |
Landscaped: | |
R/V Parking: | |
| Heat: | Heat pump |
Television: | |
Phone: | |
| Woodstove: | |
Pool/Spa: | |
Garage: | |
| Roof: | Other |
Foundation: | Other |
Siding: | |
| Waterfront: | None |
Lot Size: | See map |
Zoning: | C-1 |
| View: | River |
Satellite: | |
Access: | Paved |
| Water: | City |
Sewer: | City |
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| Prop Taxes: | $ 4,717 |
Tax Year: | 2008 |
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| Terms: | Cash, OMC w/ large down payment. Terms negotiable. |
| Out Buildings: | None. |
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Information is believed to be accurate but is not guaranteed.
Listing compliments of Gold Coast Properties, Inc..
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