About 66234 N Bay Rd
SALE-LEASEBACK OFFERING! 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 sale property is an easy one-mile drive from Highway 101 near North Bend and includes the following: - 6.75 acres of land on Haynes Inlet- 10,805 sq ft processing building with restaurant/deli and office- 1,800 sq ft shop building- Dock facilityFive-year NNN lease is being executed with parent entity, easy to assign to buyer. 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 for a lesser amount; contact listing broker with your proposal.Part 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.
Features of 66234 N Bay Rd
MLS® # | 23467397 |
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Price | $3,250,000 |
Square Footage | 12,605 |
Acres | 6.75 |
Year Built | 1995 |
Type | Commercial Sale |
Sub-Type | Industrial |
Status | Active |
Community Information
Address | 66234 N Bay Rd |
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Area | 260 - Coos County |
City | North Bend |
County | Coos |
State | OR |
Zip Code | 97459 |
Interior
Heating | Baseboard |
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Cooling | None |
Fireplace | No |
# of Stories | 2 |
Exterior
Roof | Metal |
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Construction | Concrete, Metal Frame, Metal Siding |
Additional Information
Date Listed | December 15th, 2023 |
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Days on Market | 156 |
Zoning | RR-2 |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | Land and Wildlife LLC |
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