www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
33809478
33809477

1921 VIRGINIA AVE, NORTH BEND, OR 97459

RH
OR OR 200405075
Pacific Properties
JS
OR 201214598
Pacific Properties
Listed by Pacific Properties
$2,700,000
12 days on market
Updated 12 days ago
Opportunity zone

Fresh Coast Laundry - 2 Locations

Details
APN 6281700
Property Type Retail
Sub Type Laundry mat
Square Footage 3,900
Units 1
Cap Rate 8.50%
NOI $220,000
Tenancy Single
Year Built 1963
Buildings 2
Lot Size (SqFt) 15,246
Zoning C-G
Parking Spaces 29 spaces
Parking per 1,000 SqFt 7.44
Ground Lease No

2 Locations - 3900 sq Feet

Marketing description

Two state-of-the-art laundromats located in the largest city on the Oregon Coast. These well-maintained facilities are stand-alone buildings with newer Dexter equipment, updated plumbing, and brand new FasCard payment platforms. - 1921 Virginia Ave North Bend - 2100sf Building, 15 on-site parking spaces + 1 dedicated ADA space with 21 Dexter washers ranging from 20lb to 90lb and 12 dual-pocket Dexter dryers 30 and 50lb.- 693 Central Ave Coos Bay - 1800sf Building, 12 on-site parking spaces + 1 dedicated ADA space with 17 Dexter washers ranging from 20lb to 90lb and 10 dual-pocket Dexter dryers 30 and 50lb. A third location 20 minutes to the North in the city of Reedsport is also available as part of this sale to a potential buyer. - 320 N 14th Street Reedsport - 2000sf Building with 21 Dexter washers and 12 dual-pocket Dexter dryers. This facility is a mirror image of the North Bend location with gross income equal to the Coos Bay location. Additional location priced at $850,000.

Listing Contacts

RH
OR OR 200405075
Pacific Properties
JS
OR 201214598
Pacific Properties
Listed by Pacific Properties

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$220,000.00
$18,333.33/mo

Valuation Metrics

0
DSCR
8.15%
Cap Rate
8.15%
ROI

Map

Zoning

Intelligence Badge
C-G CommercialGeneral CommercialGeneral Commercial Zone
View municipality zoning documents
Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 16 uses
View all 16 uses
Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Randy Hoffine
License
OR 200405075
Brokerage
Pacific Properties
Brokerage Phone
541-269-5263
Title
Principal Broker/Owner
Brokerage Address
605 North Bayshore Drive
Name
Joel Sweet
License
201214598
Brokerage
Pacific Properties
Title
Real Estate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591