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295 S Broadway

Coos Bay, OR 97420
  • $1,299,950
  • STATUS: Active
  • ON SITE: 120 Days
  • MLS #: 24355354
UPDATED: 51 min ago
$1,299,950
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,680
    SQFT
  • $150
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1927
County:

School Ratings & Info

Description

Fantastic opportunity to purchase this well-established tavern and restaurant in excellent downtown Coos Bay location directly on Highway 101. For over 30 years the "Coney Station" has had an excellent reputation offering great food, fantastic cocktails, and live music in a relaxed, yet upbeat atmosphere. Sale includes the beautifully decorated and recently updated building featuring a light and bright main dining/bar area, with large windows and attractive finishes and dcor. Back of house features a large fully equipped kitchen including all equipment and stainless fixtures as well as newer fire suppression system, and much more. The separate entrance and large banquet room with poker area offers some excellent additional income. Excellent corner location on major intersection in area of similar restaurant and retail business. With limited owner responsibilities and positive cash flow this business is offered fully functional and turnkey including all furniture, fixtures and equipment as well as inventory and all business assets. Upstairs there are 2 apartments, one is a 2 bedroom and nicely appointment and well maintained, as well as a 1 bedroom in need of minor renovations. Take advantage of the tourism and sport fishing crowds as well as the loyal local customer base already in place or add your own unique spin on this classic, community favorite. Oregon Lottery approved and infrastructure in place to add 6 machines!!! Business entity, licenses and all service agreements to be transferred to the lucky buyer at closing along with all real estate, FF&E, and inventory. Call today for details on this once in a life time opportunity to own this iconic restaurant in the heart of beautiful Coos Bay Oregon.

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Listing content is copyright © 2024 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Gustavo Group | eXp Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2024-09-12T14:54:34.453.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Gustavo Group | eXp Realty and should be independently verified.
www.homevaluewashington.com/homes/150518750
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295 S Broadway Coos Bay, OR 97420

  • Price: $1,299,950
  • Status: Active
  • On Site: 120 Days
  • Updated: 51 min ago
  • MLS #: 24355354
0
Beds
0
Baths
0
½ Baths
0.14
Acres
8,680
SQFT
$150
$/SQFT
1927
Built
Neighborhood:
260-Coos County
County:
Coos
Area:
260-Coos County
Property Description
Fantastic opportunity to purchase this well-established tavern and restaurant in excellent downtown Coos Bay location directly on Highway 101. For over 30 years the "Coney Station" has had an excellent reputation offering great food, fantastic cocktails, and live music in a relaxed, yet upbeat atmosphere. Sale includes the beautifully decorated and recently updated building featuring a light and bright main dining/bar area, with large windows and attractive finishes and dcor. Back of house features a large fully equipped kitchen including all equipment and stainless fixtures as well as newer fire suppression system, and much more. The separate entrance and large banquet room with poker area offers some excellent additional income. Excellent corner location on major intersection in area of similar restaurant and retail business. With limited owner responsibilities and positive cash flow this business is offered fully functional and turnkey including all furniture, fixtures and equipment as well as inventory and all business assets. Upstairs there are 2 apartments, one is a 2 bedroom and nicely appointment and well maintained, as well as a 1 bedroom in need of minor renovations. Take advantage of the tourism and sport fishing crowds as well as the loyal local customer base already in place or add your own unique spin on this classic, community favorite. Oregon Lottery approved and infrastructure in place to add 6 machines!!! Business entity, licenses and all service agreements to be transferred to the lucky buyer at closing along with all real estate, FF&E, and inventory. Call today for details on this once in a life time opportunity to own this iconic restaurant in the heart of beautiful Coos Bay Oregon.
Exterior Features

Attached Garage YN No Construction Materials Concrete Parking Features Off Site Road Frontage 150 Road Surface Type Paved Roof Built Up View Description City View YN Yes

Interior Features

Cooling YN No Heating Zoned Heating YN Yes

Property Features

Bank Owned YN No Commercial Features Display Window Sign Current Use Bar Multi Family Restaurant Existing Lease Type Month To Month Fuel Description Electricity Gas Green Certification YN No Gross Income 403708 IDXAddress Display YN Yes Internet Service Type Cable Inventory Included YN Yes Listing Terms Cash Conventional Operating Expense 362007 Other Equipment Fixtures Furniture Property Attached YN No Property Condition Approximately Property Sub Type Commercial Sale Includes Building Business Equipment Sewer Public Sewer Short Sale YN No Tax Annual Amount 5927.6 Tax Year 2023 Water Source Public Water Zoning C

Listing provided courtesy of Pacific Properties: 541-217-7710.


Listing content is copyright © 2024 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Gustavo Group | eXp Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2024-09-12T14:54:34.453.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Gustavo Group | eXp Realty and should be independently verified.
 
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1220 Main Street, Suite 400
Vancouver WA, 98660