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751 Riverside Dr 3,456 SF 72% Leased Flex Building Coquille, OR 97423 $766,360 CAD ($221.75 CAD/SF) 6.03% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Excellent Visibility
  • Strong Tenant Base
  • River Frontage
  • Income Producing

EXECUTIVE SUMMARY

NEW PRICE !!! Fantastic opportunity to purchase this beautiful river front, income property. Currently leased to DMV and MJ retailer generating $3,250 per month with long term leases. Additional vacant shop space market rent is $1,200-$1,500 owners are currently negotiating a lease and there is a outbuilding and parking area that will rent for $500-$750 for food truck that is also currently negotiating lease. Total projected income of $5,000-$5,500. Buildings are built to last with metal roof, hardy cement siding, and massive concrete pillar foundation. Excellent layout with common lobby area leading to clean updated spaces with attractive finishes and fixtures. Large deck overlooking the beautiful, deep, salmon rich, Coquille river front. Separate shop with office and bathroom is vacant. Large paved parking lot and excellent location.

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $766,360 CAD
Price Per SF $221.75 CAD
Sale Type Investment or Owner User
Cap Rate 6.03%
Sale Condition Bulk/Portfolio Sale
Property Type Flex
Property Subtype
Showroom
  • General Retail Freestanding
  • General Retail Storefront Retail/Office
Building Class C
Lot Size 0.73 AC
Rentable Building Area 3,456 SF
No. Stories 1
Year Built/Renovated 1960/2014
Parking Ratio 8.68/1,000 SF
Zoning C-2 - Commercial Zoning (C-1)

AMENITIES

  • Signage
  • Waterfront
  • Reception
  • Storage Space

UTILITIES

  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Electric

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1000888200
Land Assessment
$0 CAD (2025)
Improvements Assessment
$0 CAD (2025)
Total Assessment
$369,934 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
  • Listing ID: 25144152

  • Date on Market: 2022-02-28

  • Last Updated:

  • Address: 751 Riverside Dr, Coquille, OR 97423

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