1785 Ocean Blvd, Coos Bay, OR 97420

$2,700,000

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Property Description

Ocean Boulevard Business Expansion OpportunityLooking to expand your business in a high-visibility Ocean Boulevard location? This established mini-storage property generates strong cash flow that can help support staffing, office space, and utility costs.The secure, fenced property is open daily and offers excellent signage and product visibility, including approximately 250 feet of road frontage for displaying products, equipment, or services.This underutilized property offers meaningful upside by allowing another business to operate from the same location. Additional advantages include an elevated road position for improved drainage, paved grounds with low-maintenance landscaping, and a current City of Coos Bay moratorium on new mini-storage units that may continue to limit competing supply.Need an onsite manager? The living quarters include approximately 1,000 square feet with two bedrooms and one bathroom, plus an additional restroom in the office.The owner has actively prepared the property for sale while moving toward retirement.What about the numbers? The same owners have operated the business for 22 years, with typically only one or two units available at any time and a waiting list in place. An NDA is required to review the last three years of Schedule C financials.

1785 Ocean Blvd | MLS# 178196037

This commercial property located at 1785 Ocean Blvd, Coos Bay, OR 97420 is currently listed for sale with an asking price of $2,700,000. Search Coos Bay real estate on drueripp.bendpremierrealestate.com today.

Property Features

Property Type: Commercial - Investment
Fuel Type: Electricity
Heating: WallHeater
Lot Size: 1.21 Acres
Roof Type: Composition
Stories: 1.0
Taxes: $13,801
Year Built: 1991
Square Feet: 15,858

Feature Descriptions

Business Name: Monarch Mini Storage
Days on Site: 9
Gross Income: $221026.00 (Actual)
Lot Dimensions: IRR
Miscellaneous Features: Fenced, GroundLevel, InsideStorage, Office, OutsideStorage, UtilitiesIncluded
Operating Expenses: $44230.00 (Actual)
Parking Notes: Assigned, Leased
Present Use: MiniStorage
Road Surface: Paved
Sewer: Public Sewer
Special View Info: Territorial, Trees/Woods
Square Footage: 1050 (Office)
Water: Public Water

Listed By / Shown By

Listed By

Agency Name: Seaboard Properties
Agency Contact: 541-808-7217

Shown By

Agent Name: Drue Ripp, Broker
Agent Phone: Cell: (541) 668-0339
Agency Title: Bend Premier Real Estate

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