91125/91127 CAPE ARAGO HWY, Coos Bay, OR 97420

Property Description

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.