$1,595,000

340 CENTRAL Ave, Coos Bay, OR 97420

  • 41,770 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1924
  • Property Lot Size Icon0.45acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $38/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Own a Landmark: The Hall Building, Downtown Coos Bay!Step into a premier investment opportunity with the Hall Building, a cornerstone of downtown Coos Bay and a rare offering of over 40,000 square feet of affordable commercial space. This iconic five-story building blends historical charm with modern reliability, making it an exceptional addition to any investment portfolio. Built in the 1920s and thoughtfully maintained, the Hall Building showcases classic architectural details, including a marble-tiled lobby. Inside, the unique office suites are leased to a strong mix of tenants, ensuring consistent and predictable cash flow from day one. Recent capital improvements including remodeled restrooms and a brand-new roof in 2022/2023 enhance the building’s long-term value and appeal. With a dedicated private parking lot offering 30 reserved spaces and additional public parking nearby, convenience is built in. Whether you're seeking a stable income-generating asset or a flagship commercial property with enduring character, the Hall Building delivers on all fronts. Schedule your private tour today and discover the potential of this historic gem. *The Seller currently has an in-progress expense (in addition to expenses noted) for updating the fire escape. Should a Buyer desire to take over and complete this project on their own, Seller is open to the idea and current contractor states they are willing to finish current stage of the process and hand over project if necessary. Seller willing to negotiate a reasonable "as-is" price. Call for more details or to schedule a showing today!

Listing Status:
Active
Date Added:
April 29, 2025 at 05:00AM
Listing Office:
Coastal Sotheby's International Realty : 541-516-1850
Listing Agent:
Juli Whelchel : 541-217-9485
MLS ID:
459409333
  • A/C: Heat pump
  • Heating: Radiant

This listing courtesy of Juli Whelchel, Coastal Sotheby's International Realty

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

0.78 miles away

M

Marshfield Junior High School

333 S 10th St, Coos Bay, OR, 97420

Grades 7-7

0.42 miles away

M

Marshfield High School

10th & Ingersoll, Coos Bay, OR, 97420

Grades 8-12

0.60 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.

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