Property Description

Premier Highway 101 Development Opportunity- Coos Bay- Exceptional development opportunity featuring two contiguous parcels totaling approximately 0.97 acres in one of Coos Bay's most desirable commercial corridors. Located along N. Bayshore Drive (Highway 101), this property is ideally positioned between two major retail developments-Coos Bay Village to the south and Teakwood Plaza to the north. The offering includes a level, cleared 0.86-acre development site plus an additional 0.11-acre parcel improved with a 2,600-square-foot mixed-use commercial building. With approximately 300 feet of Highway 101 frontage, this is one of the last premier development sites available along the Bayshore corridor. Benefit from outstanding visibility with exposure to both northbound and southbound Highway 101 traffic. Traffic counts exceed 18,000 vehicles per day, providing exceptional exposure for retail, office, medical, hospitality, or other commercial uses. Two existing curb cuts offer excellent ingress and egress, while flexible zoning supports a wide variety of development opportunities. The existing mixed-use building provides immediate income potential while plans are developed. The lower level features professional office space with four private offices, a reception area, break room, and two restrooms, while the upper level includes a 3-bedroom residential apartment. Continue generating rental income, renovate the existing improvements, or incorporate the parcel into a larger redevelopment project. Adding to its appeal, the property offers beautiful, unobstructed bay views at street level-a rare amenity for a highly visible commercial site. Opportunities to acquire nearly an acre of commercially zoned Highway 101 frontage in this rapidly growing retail corridor are increasingly rare. Whether you're an investor, developer, or owner-user, this property offers exceptional visibility, income potential, and long-term upside.