Coos waterfront property finally sells, owner not interested in residential development
COOS BAY, Ore. -- A local property that has been on and off the market for over 20 years has been sold.
The Coos Bay waterfront property was sold to a local resident on April 28 after broker Joel Sweet Pacific Properties worked with the buyer.
He told KCBY News his client would like development plans and concepts to remain private for now, but in a statement Sweet said: "The new owner would like to reveal that they are not interested in residential development on this site as it would be unsuitable for the location and not justified by the market."
KCBY will continue to follow the story.