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Investment Highlights

  • Located on Major Traffic Route 12,000 +/- cars per day
  • Located in the Empire Urban Renewal District
  • Corner site allows excellent ingress/egress
  • Commercial Zoning (C) allows for many different uses

Executive Summary

Old Gussies or Spotlight Bar DEMOLISHED! Large rectangular corner lot on 1.53 acres +/- primed and ready for the next development! The site includes six tax lots and is commercially zoned with many possibilities: apartments, medical/health facility, transit station, retail, recreation facility, etc. Incorporated within the Empire Urban Renewal District and area. Traffic count of 12,000+ cars per day. Seller is willing to discuss carry terms with prospective purchasers.

Property Facts

Price $1,362,861 CAD
Sale Type Investment or Owner User
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Office
  • Mixed Use
  • Multifamily
  • Hospitality
  • Apartment Units
  • Apartment Units - Subsidized
  • Auto Dealership
  • Auto Repair
  • Bank
  • Bar
  • Carwash
  • Fast Food
  • Healthcare
  • Health Club
  • Hold For Development
  • Hold For Investment
  • Hotel
  • Medical
  • Motel
  • Neighbourhood Centre
  • Office Park
  • Parking Garage
  • Parking Lot
  • Restaurant
  • Shelter
  • Storefront, Retail or Office
  • Storefront, Retail or Residential
  • Strip Centre
Total Lot Size 1.53 AC
Zoning C

1 Lot Available

Lot

Price $1,362,861 CAD
Price Per AC $890,759.10 CAD
Lot Size 1.53 AC
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
  • Listing ID: 35866062

  • Date on Market: 2025-05-14

  • Last Updated:

  • Address: 1090 Newmark Ave, Coos Bay, OR 97420

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