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$539,000 -$60,000 (-10.02%) Price Reduced
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Property Description
Mixed-use zoned commercial building in the heart of downtown Coos Bay on Central Ave, the same street as the seasonal Farmers Market and just a block from the waterfront boardwalk. The "Palace Building" offers approximately 4,200 sq ft with tall storefront windows, a front office, two large main rooms, kitchen, three restrooms, two bar areas (one currently plumbed), and upstairs storage rooms. Parking is available off-street, directly behind the building, and nearby public lots, with a rear loading ramp for easy deliveries. Home to Coos Bay Elks Lodge #1160, this flexible space is well-suited for restaurant, retail, office or the potential to create multiple tenant spaces in a highly visible downtown location.
Full Property Details
Full Property Details for 265 Central Ave
General
- Price: $539,000
- Taxes: (2025)
- Status: Active
- Type: Commercial
- Source: RWMLS
- MLS ID: 646385981
- Updated: 4/14/2026
- Added to Site: 117 day(s) ago
Additional Information
- Equipment: Fixtures
Location
- County: Coos
- Driving Directions: Corner of 3rd St & Central
Community
- Community Name: 260 - Coos County
Heating & Cooling
- Heating Type: Forced Air
- Heating Fuel: Electricity
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- # Buildings: 1
- Property Detached: Yes
- Construction: Concrete
- Roof: Flat, Membrane
- Stories/Levels: 1
- Square Feet: 4,200
- Current Bldg. Use: Meeting Hall
- Year Built: 1923
- Property Condition: Approximately
Lot Features
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 4,791
- Lot Size: 3, 000 to 4, 999 SqFt
- Frontage: Concrete
Financial Considerations
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: 25S-13-26CC-TL7902
- Property ID: 7115500
Listed by Beach Loop Realty (541) 347-1800, Gina Morelli (541) 404-1804
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Schools
Schools serving 265 Central Ave
School District:Coos Bay School District 9
| Name | Grades | Distance |
|---|---|---|
Eastside School 370 2nd Avenue, Coos Bay, OR 97420 | K-3 | 0.9 mi |
Millicoma School 260 2nd Avenue, Coos Bay, OR 97420 | 4-7 | 0.9 mi |
Marshfield Senior High School 10th & Ingersoll, Coos Bay, OR 97420 | 8-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 265 Central Ave
Date
Details
Price
Change
Source
4/14/2026
Price Reduced
$539,000
-10.02%
MLS
12/20/2025
Listed
$599,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 265 Central Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
100%
100%
2024
100%
100%
2023
100%
100%
2022
100%
100%
2021
100%
100%
2020
100%
100%
2019
100%
100%
2018
-100%
100%
2013
$1,393
—
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 265 Central Ave
265 Central Ave, Coos Bay, OR 97420 (MLS# 646385981) is a Commercial property. 265 Central Ave is currently listed for $539,000 and was received on December 20, 2025. Want to learn more about 265 Central Ave? Do you have questions about finding other Commercial real estate for sale in Coos Bay? You can browse all Coos Bay real estate or contact a Coldwell Banker agent to request more information.

