340 Central Ave, Coos Bay, OR

$1,595,000

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41,770

Square feet

0.45

Acres

About 340 Central Ave

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!

Features of 340 Central Ave

MLS® # 459409333
Price $1,595,000
Bathrooms 0.00
Square Footage 41,770
Acres 0.45
Year Built 1924
Type Commercial Sale
Sub-Type Office
Status Active

Community Information

Address 340 Central Ave
Area 260 - Coos County
City Coos Bay
County Coos
State OR
Zip Code 97420

Amenities

Parking Spaces 30
Parking On Site, Paved
View City, Bay
Is Waterfront No
Has Pool No

Interior

Heating Radiant
Cooling Heat Pump
Fireplace No
# of Stories 5

Exterior

Roof Membrane
Construction Concrete

Additional Information

Date Listed April 29th, 2025
Days on Market 176
Zoning C-1
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCoastal Sotheby's International Realty

Listing Map

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