1. Oregon
  2. Brookings
  3. 1111 CHETCO Ave
$899,000

1111 CHETCO Ave, Brookings, OR 97415

  • 12,716 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1953
  • Property Lot Size Icon0.58acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $71/sqft
  • Property List Date Icon Listed 1 year ago

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 = 6.8%.

Listing Status:
Active
Date Added:
January 15, 2024 at 06:00AM
Listing Office:
RE/MAX Coast and Country : 541-412-9535
Listing Agent:
Marie Curtis : 541-661-3056
MLS ID:
24638410
  • A/C: Heat pump
  • Heating: Heat pump

This listing courtesy of Marie Curtis, RE/MAX Coast and Country

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

K

Kalmiopsis Elementary School

650 Easy St, Brookings, OR, 97415

Grades KG-5

0.65 miles away

A

Azalea Middle School

505 Pacific Ave, Brookings, OR, 97415

Grades 6-8

0.69 miles away

B

Brookings-Harbor High School

625 Pioneer Rd, Brookings, OR, 97415

Grades 9-12

0.77 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.