$6,400,000

1236 TEAKWOOD Ave, Coos Bay, OR 97420

  • 15,152 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 2024
  • Property Lot Size Icon0.96acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $422/sqft
  • Property List Date Icon Listed 16 days ago

Property Description

We are pleased to offer to qualified investors an opportunity to purchase a national tenant legacy asset. Located at Teakwood Plaza in Coos Bay Oregon, Planet Fitness is a full service gym and spa facility, with national brand recognition, and tenant strength. This newly constructed 15,000sf building is adjacent to Tru Furniture, and the soon to be open TJ Maxx! Teakwood Plaza is a never to be replicated big box retail center, located on Highway 101 with bi-directional frontage and visibility, and the highest traffic counts in the county (27,200 ADT). The City of Coos Bay is the largest City on the Oregon Coast, and this area of Oregon has a deep history for water based industries. Teakwood Plaza is celebrating the past, but in a modern way. This is a once in a lifetime site and investment that will not be duplicated. This an excellent opportunity to purchase an investment grade asset, with strong stable income and zero day-to-day landlord management obligations securing long term passive income.

Listing Status:
Active
Date Added:
November 14, 2025 at 06:00AM
Listing Office:
Pacific Properties : 541-269-5263
Listing Agent:
Joel Sweet : 541-290-9597
MLS ID:
635248447
  • A/C: Heat pump
  • Heating: Forced airHeat pump
  • Parking: PavedParking spaces: 58
  • General: Cement siding
  • Road/Access: Paved
  • Originating MLS: Regional Multiple Listing ServiceInc.
  • County: Coos
  • Zoning: I-C25S-13W-22DA 4006792300
  • View: View
  • Current Use: Athletic facilityFranchise
  • Water: Public water
  • Sewer: Public sewer
  • Source: Regional Multiple Listing ServiceInc.

This listing courtesy of Joel Sweet, Pacific Properties

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

R

Resource Link Charter School

1255 Hemlock Ave, Coos Bay, OR, 97420

Grades KG-12

0.59 miles away

R

Resource Link Charter School

1255 Hemlock Ave, Coos Bay, OR, 97420

Grades KG-12

0.59 miles away

D

Destinations Academy

1255 Hemlock Ave, Coos Bay, OR, 97420

Grades 9-12

0.59 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.