2699 N 17th St, Coos Bay, OR

$8,500,000

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29,011

Square feet

3.38

Acres

About 2699 N 17th St

HUGE PRICE REDUCTION!!! $1,800,000 price adjustment on this multi-tenant net leased investment!!! Medical Campus is occupied by an established orthopedic surgery and physical therapy center and ENT, with a new 5 year lease base term generating high returns and passive income. The subject property comprises 4 buildings totaling 29,011 SQFT and is positioned on a 2.01 acre lot adjacent to similar facilities in the medical district. Sale also includes 30X40 shop for maintenance and storage. NNN long term leases generating $606,651 Annual net income 7.1% Cap Rate at full price. Owners are selling real estate and retaining the businesses. Seeking quality landlord to collect $50,000 per month for the next 5 years with zero day to day responsibilities. Tenants pay all utilities, interior maintenance, property taxes, and insurance.

Features of 2699 N 17th St

MLS® # 22528870
Price $8,500,000
Bathrooms 0.00
Square Footage 29,011
Acres 3.38
Year Built 1979
Type Commercial Sale
Sub-Type Commercial
Status Active

Community Information

Address 2699 N 17th St
Area 260 - Coos County
City Coos Bay
County Coos
State OR
Zip Code 97420

Amenities

Parking Spaces 116
Parking On Site
View Seasonal, Trees/Woods
Is Waterfront No
Has Pool No

Interior

Heating Heat Pump
Cooling Heat Pump
Fireplace No
# of Stories 2

Exterior

Roof Composition, Rubber
Construction Cement Siding, Wood Frame

Additional Information

Date Listed December 19th, 2022
Days on Market 525
Zoning MP
Short Sale No
RE / Bank Owned No

Listing Details

OfficePacific Properties
Contact Info541-290-9597

Listing Map

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