1111 CHETCO AVE Active

Brookings,OR 97415

$ 925000

- Bed

- Bath

12716 SqFt


Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 12,716 sqft

Price per Sqft $72

MLS Listing ID 24638410

Year Built 1953

Annual Tax Amount $7,973

Tax Year 2023

Lot Size 0.580 Acres

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, ensuring a stable rental income. Benefit from the convenience of having professional property management on staff. 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 $108,000+. 2023 OPERATING EXPENSES = 27,000. NET INCOME APPROXIMATELY $81,000+. ROI = 8.6%.

Location

State OR

County Curry

Area _270

Zoning C-3

Interior

Heating Heat Pump

Cooling Heat Pump

Exterior

View City, Territorial

Roof Type Flat

Building

Story 1

Sewer Public Sewer

Water Public Water

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

View More
Favorite Go Tour