985 Newmark AVE Coos Bay, OR $ 1,350,000
985 Newmark AVE
$ 1,350,000
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985 Newmark AVE

Coos Bay, OR, 97420
$ 1,350,000
Baths0.0 Sq 25,000

Monthly Estimate*

$ 8,973

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Studio

Commercial Property for sale in Coos Bay, OR

for $1,350,000. This 25,000 square foot building was built in 1979 on a lot size of 1.11.

An exciting business with incredible potential! Take your fitness to the next level with this MASSIVE Athletic Center including the business & equipment. This extensive two story 25,000 sq ft building includes 3 Weight Rooms, Cardio Center, Aerobics/Dance room, 4 Racquetball Courts, 1/2 Basketball Court, Massage Therapy room, Indoor 3 lane 25m Length swimming Pool, 2 Large Locker Rooms w/17 Showers, 12 Sinks, 100's of Lockers, Walk-in Steam Room, 2 Cedar Saunas & 2 Hot Tub/Spas, Onsite Day Care + more. The exterior has plenty of parking with 85 spaces on 48,000 sq ft of pavement & New Membrane Roof installed in 2016. This opportunity would be ideal for a day spa, integrated sports medicine facility, group of medical professionals or organization of coaches & trainers. Bring your creative ideas or continue the 35+ years building a healthy community where goals are created, pursued, accomplished & celebrated. Located in the "OPPORTUNITY ZONE" which has Tax Benefits for Investors!

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Commercial Active

Price

$ 1,350,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 16,323

Style

Lot Size

1.11

Year Built

1979

Town/City

Coos Bay

County/Region

Coos

MLS | Web ID

23464160

Features
General
Sewer PublicSewer
Heating Other
Roof Rubber
Zoning C-2
Construction Materials Concrete
Year Built 1979
Sale Includes Building Business Equipment
Stories 2
Property SubType Other
Tax Year 2022
Current Use AthleticFacility RVParking
Gross Income 0
County Coos
Operating Expense 0
Property Type CommercialSale
Status Active
Directions Hwy 101 - Newmark to Address
City CoosBay
MLS Area _260
Lot Size Square Feet 48351.0
Street Name Newmark
Listing Terms Cash Conventional
Tax Annual Amount 16323.9
Virtual Tour https://vimeo.com/745608008
Days on Market 249
Standard Status Active
Legal Description 25S-13-20DB TL 00402
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Exterior
Road Frontage 400
Parking Features OnSite
Water Source PublicWater
Total Parking 85.0
Number of Buildings 1
Building Area Total 25000.0
Lot Size Acres 1.11
Road Surface Type Gravel Paved
Other Equipment Fixtures Furniture SmokeDetector
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Interior
Street Suffix AVE
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Internal Only
Street Number 1 985
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* Excluded Features
List By
Coastal Sotheby's International Realty

Broker

gary@coastalsothebysrealty.com

Email

Affordability Calculator

$10,333
Per Month
87%
13%
0%
Monthly Principal & Interest
$8,973
Monthly Property Taxes
$1,360
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1949264 Elementary School
1949174 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/17/2023$1,350,000 Listed Price

Map


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985 Newmark AVE, Coos Bay, OR, 97420 is a Commercial Property for sale at $1,350,000 with 25,000 sqft and a lot size of 1.11. 985 Newmark AVE is a studio with 0.0 baths and was built in 1979. The property's zip code is 97420 which is in Coos Bay, OR