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Key Facts

1955Year Built

1.53Lot (acres)

$995,000

Active109 days on marketListed December 4, 2025

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Description

Old Gussies or Spotlight Bar DEMOLISHED! Large rectangular corner lot on 1.53 acres +/- primed and ready for the next development! The site includes six tax lots and is commercially zoned with many possibilities: apartments, medical/health facility, transit station, retail, recreation facility, etc. Incorporated within the Empire Urban Renewal District and area. Traffic count of 12,000+ cars per day. Seller is willing to discuss carry terms with prospective purchasers.

Property Information

Property Type

Commercial Sale

Year Built

1955

Lot Size

1.53 acres

Zoning

Days on Market

109

MLS® Listing#

668791692

Property Features

Cooling

None

Heating

None

Sewer

Public Sewer

Water Source

Public

Financial Details

Annual Taxes

$22

Parcel Number

339801, 339800

Directions

Newmark Ave

Affordability Calculator

Home Price

Down Payment

$199,000

Interest Rate (%)

Loan Term

Estimated monthly payment

$5,296/mo

Principal $796,000 · Est. interest $1,110,491 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Coos Bay, OR

$436,842
Median Listing Price: 180
Median Days on Market: 1,584
Median Sq Ft: $272
Median Price / Sq Ft: 177
Active Listings

This home’s price is 128% above the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Coos Bay, OR.

Location

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Points of Interest in Coos Bay, OR

Commute Calculator

Nearby Homes

$995,000

1088 Newmark AVE, Coos Bay, OR

0.0 mi away

$275,000

1022 NEWMARK AVE, Coos Bay, OR

0.1 mi away

$399,000

3 bed · 2 bath

205 N SCHONEMAN AVE, Coos Bay, OR

0.1 mi away

$330,000

3 bed · 2 bath

1140 MICHIGAN AVE, Coos Bay, OR

0.1 mi away

$854,000

985 NEWMARK AVE, Coos Bay, OR

0.1 mi away

$995,000

1252 NEWMARK AVE, Coos Bay, OR

0.1 mi away

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Similar Home Values

Comparable nearby listings and their asking prices.

Address	Price	Beds	Baths	Sq Ft
1032 S 4th ST, Coos Bay, OR	$699,000	9	9	—
1345 SANFORD ST, Coos Bay, OR	$699,000	3	2	1,992
1113 N HIGHWAY 101 1, Depoe Bay, OR	$700,000	2	2	1,284
815 BROADWAY AVE, Winchester Bay, OR	$719,000	4	2	2,082
650 NE Lillian Lane, Depoe Bay, OR	$739,000	3	5	2,543
650 NE LILLIAN LN, Depoe Bay, OR	$739,000	3	5	2,163

Moving Cost Estimate

EXIT Agents in Coos Bay

Juana Beede
Broker of Record
EXIT Realty BendBend, OR
(541) 306-7455
juanabuyrealestate@gmail.com
Anna Buntjer
Sales Representative
EXIT Realty BendBend, OR
(214) 842-2888
houses2homesrealestate@gmail.com
Nathan Matlock
Sales Representative
EXIT Realty BendBend, OR
(541) 350-2574
nathanmatlock15@gmail.com
Website
Jennifer Rabe
Sales Representative
EXIT Realty Tri-Cities LifeKennewick, WA
(509) 987-2201
jen@exitrealtytc.com
Harley Grinder
Sales Representative
EXIT Realty Tri-Cities LifeKennewick, WA
(509) 440-2296
harley@exitrealtytc.com
Lee Davidson
Sales Representative
EXIT Realty Tri-Cities LifeKennewick, WA
(509) 619-4159
lee@exitrealtytc.com

Listing Courtesy: Pacific Properties - 541-260-2651

Presented by: Randy Hoffine

The content relating to real estate for sale on this website comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than EXIT Realty are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. 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. This data last updated as of date above. Some properties which appear for sale on this website may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified. Some of these listings contain enhanced listing information including city, state, zip, and county from sources such as MSA data and USPS. Listing content is Copyright ©2026 RMLS of Portland, Oregon. All Rights Reserved.

Last Updated: 2025-12-04