295 S BROADWAY Active

Coos Bay,OR 97420

$ 1299950

- Bed

- Bath

8680 SqFt


Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 8,680 sqft

Price per Sqft $149

MLS Listing ID 24482981

Year Built 1927

Annual Tax Amount $5,927

Tax Year 2023

Lot Size 6,098 Sqft

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 décor. 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.

Location

State OR

County Coos

Area _260

Zoning C

Interior

Heating Zoned

Equipment Fixtures,Furniture

Exterior

View City

Roof Type BuiltUp

Garage No

Building

Story 2

Sewer Public Sewer

Water Public Water

Level or Stories 2

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

View More
Favorite Go Tour