Overview

Description

The HighRoad Building is a beautiful brick-faced two-story office building in downtown Coos Bay. Built-in 1920 this property received a $1 million (+) update in the mid-1980s when it became the headquarters for Security Bank of Coos Bay, later acquired by Umpqua Bank. The property is a multi-tenant building featuring HighRoad Wealth Advisors and Coastal Sotheby's International Realty.

Check out www.svnca.com for a project 11/1/2022 rent roll and expenses. With space available on the first floor of the building, the HighRoad Building is a perfect owner-occupant or investor opportunity in this strategic downtown location.


This historic 2-story brick building, listed on the National Historical Register as the "Marshfield Elks" was constructed in 1938 and located in the heart of downtown Coos Bay, Oregon on the corner of 2nd and Anderson. The property is situated among restaurants, shopping, and tourist attractions and is located just 20 minutes north of the iconic Bandon Dunes Golf Resort, one of the top 10 destinations in the country.

Highlights

• Current NOI of $109,785
• Strong rent escalations in all leases
• Significant upside potential in the rents

Documents

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