985 NEWMARK AVE, Coos Bay, OR 97420
985 NEWMARK AVE, Coos Bay, OR 97420
985 NEWMARK AVE, Coos Bay, OR 97420
985 NEWMARK AVE, Coos Bay, OR 97420
985 NEWMARK AVE, Coos Bay, OR 97420
985 NEWMARK AVE, Coos Bay, OR 97420
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Listed by Pacific Coast Real Estate & Development, LLC • 541-808-3297
$ 950,000
Est. payment | /mo

25,000 SqFt


Save
$ 950,000
Est. payment | /mo
Save

25,000 SqFt

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 25,000 sqft

Price per Sqft $38

MLS Listing ID 618292731

Year Built 1979

Annual Tax Amount $13,035

Tax Year 2025

Lot Size 1.140 Acres

Property Sub-Type Commercial

Property Description

A rare opportunity to acquire one of Coos Bay's most substantial recreational and commercial facilities. The Bay Area Athletic Club offers approximately 25,000 square feet of purpose-built space with an extensive array of existing amenities and excellent potential for continued operation, expansion, or future redevelopment.The facility features weight rooms, racquetball courts, basketball court, massage therapy room, and swimming pool. Additional amenities include two spacious locker rooms with, two saunas, two hot tubs, a steam room, daycare area, and reception space.The building is complemented by an approximately 48,000-square-foot parking lot with 85 on-site parking spaces, providing excellent capacity for members, employees, customers, or a future commercial use. A new membrane roof was installed in 2016, adding to the property's substantial existing infrastructure.Located within a Federal Opportunity Zone, the property may offer potential tax advantages to qualifying investors making this property is strategically positioned for the future of the Coos Bay market.Continue the long-standing legacy of the Bay Area Athletic Club or explore the possibilities of repositioning this large, highly improved facility for another commercial venture. Few properties in the area offer this combination of size, parking, existing infrastructure, amenities, and redevelopment potential.

Location

Province OR

County Coos

Area _260

Zoning C

Interior

Heating Zoned

Equipment Fixtures, Furniture

Exterior

View City

Roof Type Rubber

Garage No

Building

Story 2

Sewer Public Sewer

Water Public Water

Level or Stories 2

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Regional Multiple Listing Service (RMLS)

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985 NEWMARK AVE

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