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66234 N BAY RD NORTH BEND, OR 97459
- Commercial / Resale (MLS)
Property Details for 66234 N BAY RD, NORTH BEND, OR 97459
Features
- Lot Size: 294030
- Total Rooms: 2
- Room List: Bathroom 1, Bathroom 2
Facts
- Year Built: 01/01/1995
- Property ID: 877925212
- MLS Number: 23467397
- Parcel Number: 186101
- Property Type: Commercial
- County: COOS
- Listing Status: Active
Sale Type
This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
Description
This listing is NOT a foreclosure. SALE-LEASEBACK OFFERING! Income-producing investment. Stable, established seafood business is seeking a sale-leaseback of its land and buildings. Clausen Oysters has been producing high-quality oysters in the cold, clean waters of Coos Bay, on the south coast of Oregon, since 1981. The property is an easy one-mile drive from Highway 101 near North Bend and includes the following:nn6.75 acres of land on Haynes Inletn10,805 sq ft processing building with restaurant/deli and officen1,800 sq ft shop buildingnDock facilitynnFive-year NNN lease is being executed with parent entity, easy to assign to buyer; can be extended to a ten-year lease. Cap rate at list price is 7.0. Facilities are well-maintained and in good condition. Main building constructed in 1995. Seller may consider selling partial ownership of the property to a solid investor for a lesser amount; bring your proposal.nnPart of the land consists of wetlands and tidal flats, which may have additional conservation value. Buyer to perform own due diligence on conservation opportunities. Seller owns additional tidal land on Haynes Inlet, available separately and not included in this listing. Contact listing broker for details.
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All information provided is deemed reliable, but is not guaranteed and should be independently verified.