1111 CHETCO AVE, Brookings, OR 97415
- $899,000
- 12,716
- SqFt
- List Price
- $899,000
- Status
- ACTIVE
- Days on Market
- 970
- Price Change
- ▼ $26,000 1751518110
- MLS#
- 24638410
- Subtype
- Commercial
- Year Built
- 1953
- Living Area
- 12,716
- Lot Size
- 25,264
- Acres
- 0.58
- MLS Area Major
- Curry Co: City, Airport, Marina Hts, NB Chetco
Property Description
ATTENTION INVESTORS! Discover the opportunity to own a premium strip mall, boasting outstanding frontage and visibility along the bustling HWY 101 in Coastal Brookings Oregon! This property is not only well-maintained, but also has undergone renovations and improvements, enhancing its appeal. It features a history of long-term tenancies and a stable rental income. Benefits from the convenience of a professional property manager. Interested parties are invited to schedule a viewing appointment through their Realtor to explore the business spaces available. Don't miss this chance to invest in a prime location with proven profitability. CURRENT RENT ROLL/GROSS INCOME OF $111,787+. 2024 OPERATING EXPENSES = $48,503. NET INCOME = $63,284+. ROI = 7%.
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Additional Information
- Zoning
- C-3
- Exterior Construction
- Cement Siding, Lap Siding, Stucco
- Stories
- 1
- Parking
- On Site
- Parking Features
- On Site
- View
- City, Territorial
Listing courtesy of RE/MAX Coast and Country.
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