Listing provided courtesy of Pacific Properties- MLS# 24010907MLS ProviderContact Information: 541-290-9597

2043/2037 SHERMAN AVENorth Bend, OR 97459

Commercial · 7,600 Sq. ft.
$649,000 Active

2043/2037 SHERMAN AVE Overview

Time on Site:
530 days
Visits:
7

PRIME COMMERCIAL BUILDING in the HEART of DOWNTOWN NORTH BEND. This property boasts an EXCELLENT HISTORY as a SUCCESSFUL BAR and RESTAURANT, offering TONS OF CHARACTER and CHARM. The SALE includes TWO BUILDINGS: 2043 SHERMAN AVE and 2037 SHERMAN AVE.2037 is a FULLY EQUIPPED RESTAURANT, featuring FRYERS, STOVE, WALK-IN COOLER, FIRE SUPPRESSION, and MORE! SEATING for approximately 35 PEOPLE, plus its own SEPARATE RESTROOMS. 2043 is a LARGER, TWO-STORY BUILDING with a FULL BAR, STAGE, and SEATING for about 70 PEOPLE. WELL-MAINTAINED, with a NEWER ROOF, REFRIGERATION UNITS, and INTERIOR FINISHES. The property is being sold FULLY FURNISHED and TURNKEY, complete with all EQUIPMENT. NO BUSINESS or BUSINESS NAME included. CALL TODAY for a PRIVATE TOUR and explore the potential of this one-of-a-kind investment opportunity!

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2043/2037 SHERMAN AVE Facts & Features

  • Type Commercial
  • Sq. ft. 7,600
  • Price/Sq.ft. $85

Details

General

Income/Expenses

  • Existing Lease Type: None
  • Gross Income: 0
  • Gross Scheduled Income: 0
  • Operating Expense: 0

Building Information

  • Year Built: 1911

Business Information

  • Current Use: Bar,Restaurant

Location/Region

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

Tax Information

  • Tax Annual Amount: 2374.1
  • Tax Year: 2024

General Information

  • Inclusions: Building,Equipment,Land
  • Listing Terms: Cash,Conventional
  • Parcel Number: 6121800
  • Property Condition: Approximately
  • Property Sub Type: Commercial
  • Property Type: Commercial Sale
  • Zoning: C-C

Interior

Building Interior

  • Building Area Total: 7600.0

General Information

  • Heating: Zoned
  • Other Equipment: Fixtures,Furniture
  • Stories: 2

Exterior

Lot Information

  • Lot Size Area: 6000
  • Lot Size Dimensions: 60X100
  • Number Of Buildings: 2
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Construction Materials: Concrete
  • Roof: Rubber

General Information

  • Road Frontage Type: 60
  • Sewer: Public Sewer

2043/2037 SHERMAN AVE Neighborhood

Community

97459 (North Bend) Demographics

47
Median Age
122
Population Density (per sq. mile)
35%
College Educated
$64,608
Estimated Median Income
3,828
Estimated Total Home Owners
1,909
Estimated Total Renters
67% / 33%
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.

2043/2037 SHERMAN AVE Market Data

Based on the last 30 days in this zip code

$599,602
Average List Price
$296
Average Price per Square Foot
17
Properties Sold
115
Average Days on Market
110
Properties for Sale
Calculations provided by Reliance Network

2043/2037 SHERMAN AVE History

Date Event Value Agent
6/5/2026Source: Regional MLS Price Reduction
$649,000 -18.8%
6/5/2025Source: Regional MLS Status Change
Active
2/12/2025Source: Regional MLS Status Change
Pending
1/15/2025Source: Regional MLS Added to Database
January 15, 2025