Listing provided courtesy of Pacific Coast Real Estate & Development, LLC- MLS# 386553157MLS ProviderContact Information: 541-808-3297

1385 NEWMARK AVECoos Bay, OR 97420

Commercial · 15,936 Sq. ft. | 1.28 Acres
$1,495,000 Active

1385 NEWMARK AVE Overview

Time on Site:
194 days
Visits:
8

PRICE REDUCED!!! Exceptional Steel-Framed Warehousing & Retail Facility for Sale ' Prime Location! Vacant and ready for an owner occupant. Discover a golden investment opportunity with this expansive steel-framed warehousing and retail building, strategically situated along a major arterial road boasting high traffic counts and unparalleled visibility. Key Features: Generous Space: Expansive open-plan layout with soaring ceilings. Functional Design: Includes a small office, breakroom, and a well-appointed backend with storage and a receiving dock. Attractive Exterior: Features a spacious parking lot, elegant landscaping, and prominent signage to elevate your brand's presence. This property is ideal for investors seeking immediate rental income with the flexibility to expand or relocate your business in the future. Why Wait? Call today to explore lease details or to arrange your private tour. Don't miss the chance to see it in action ' check out our MUST-SEE video/virtual tour link!

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1385 NEWMARK AVE Facts & Features

  • Type Commercial
  • Sq. ft. 15,936
  • Price/Sq.ft. $94
  • Lot 1.28 Acres

Details

General

Income/Expenses

  • Existing Lease Type: 1 - 5 Years Remaining,NNN
  • Gross Income: 125880.0
  • Operating Expense: 0

Building Information

  • Year Built: 1978

Business Information

  • Current Use: Grocery,Retail

Location/Region

  • Country: US
  • County Or Parish: Coos
  • MLS Area Major: 260 - Coos County

Rent/Lease Information

  • Lease Amount: 125880.0

Tax Information

  • Tax Annual Amount: 15717.98
  • Tax Year: 2025

General Information

  • Inclusions: Building,Equipment,Land
  • Listing Terms: Cash,Conventional
  • Parcel Number: 344700
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Commercial
  • Property Type: Commercial Sale
  • Zoning: C

Interior

Building Interior

  • Building Area Total: 15936.0

General Information

  • Heating: Zoned
  • Other Equipment: Security System
  • Stories: 1

Exterior

Lot Information

  • Lot Size Acres: 1.28
  • Lot Size Square Feet: 55756.0
  • Number Of Buildings: 1
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Construction Materials: Block,Metal Frame,Metal Siding
  • Roof: Membrane,Metal

General Information

  • Sewer: Public Sewer

1385 NEWMARK AVE Neighborhood

Community

97420 (Coos Bay) Demographics

44
Median Age
109
Population Density (per sq. mile)
29%
College Educated
$52,447
Estimated Median Income
7,924
Estimated Total Home Owners
4,168
Estimated Total Renters
66% / 34%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1385 NEWMARK AVE Market Data

Based on the last 30 days in this zip code

$435,842
Average List Price
$252
Average Price per Square Foot
30
Properties Sold
113
Average Days on Market
192
Properties for Sale
Calculations provided by Reliance Network

1385 NEWMARK AVE History

Date Event Value Agent
6/19/2026Source: Regional MLS Price Reduction
$1,495,000 -9.4%
5/6/2026Source: Regional MLS Price Reduction
$1,650,000 -5.7%
2/5/2026Source: Regional MLS Price Reduction
$1,750,000 -2.8%
1/19/2026Source: Regional MLS Price Reduction
$1,800,000 -8.9%
12/17/2025Source: Regional MLS Added to Database
December 17, 2025