91125/91127 CAPE ARAGO HWY, Coos Bay, OR 97420 | MLS #309823877 | Cascade Hasson Sotheby’s International Realty
 
Listing provided courtesy of Coastal Sotheby's International RealtyMLS# 309823877MLS Provider
  • 77 days on site
  • 4 views

Versatile Coastal Investment with Multiple Income Streams ~Located along the highly visible Cape Arago Highway just seconds from Bastendorff Beach, this unique mixed-use property presents a rare opportunity for investors seeking strong income potential and flexibility. The 1,388 sq ft restaurant space is home to the popular and well-established Foggy's Cafe'a quaint, impeccably maintained operation with an existing occupant willing to lease from the new owner, offering immediate income stability. Above, a private-entry studio apartment (~600 sq ft) features its own balcony, with existing revenue stream ideal for long-term or short-term rental opportunities. Built in 2022, the 30x50 shop sits at the rear of the property on a slab, and is divided into two functional sections, each with its own roll-up door, half bath and entry door'perfect for owner use, rental income, or business expansion. With excellent visibility, proximity to one of the area's most desirable coastal destinations, and three distinct income-producing components, this property delivers both immediate cash flow and long-term upside. Lease the restaurant, rent the apartment, and capitalize on the shop'an investment opportunity with exceptional versatility.

Source: Regional MLS, MLS#: 309823877

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  • Property Type
    Commercial Sale
  • Lot
    0.13 acres

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  • Median Age
    44
  • Population Density
    109
  • College Educated
    29%
  • Estimated Median Income
    $52,447
  • Estimated Total Home Owners
    7,924
  • Estimated Total Renters
    4,168
  • Owner / Renter Divide
    66% / 34%
  • Estimated Average Household Size
    2
  • Total Population
    27,906
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

History

Date Event Value Agent
4/13/2026Source: Regional MLS Added to Database
April 13, 2026