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1111 Chetco Ave

Brookings, OR 97415
  • $925,000
  • STATUS: Active
  • ON SITE: 245 Days
  • MLS #: 24638410
Price Reduced
UPDATED: 77 min ago
$925,000
  • 0
    BEDS
  • 0.58
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 12,716
    SQFT
  • $73
    $/SQFT

School Ratings & Info

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%.

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Listing content is copyright © 2024 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Gustavo Group | eXp Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2024-09-17T17:53:14.84.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Gustavo Group | eXp Realty and should be independently verified.
www.homevaluewashington.com/homes/146659362
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1111 Chetco Ave Brookings, OR 97415

  • Price: $925,000
  • Status: Active
  • On Site: 245 Days
  • Updated: 77 min ago
  • MLS #: 24638410
0
Beds
0
Baths
0
½ Baths
0.58
Acres
12,716
SQFT
$73
$/SQFT
1953
Built
Neighborhood:
270-Curry Co:City/Airport/Marina Hts/Nb Chetco
County:
Curry
Area:
270-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, 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%.
Exterior Features

Attached Garage YN No Construction Materials Cement Siding Lap Siding Stucco Parking Features On Site Parking Total 20 Road Surface Type Paved Roof Flat Truck Door Description Dock View Description City Territorial View YN Yes

Interior Features

Cooling Heat Pump Cooling YN Yes Heating Heat Pump Heating YN Yes

Property Features

Bank Owned YN No Commercial Features Display Window Outside Lighting Sign Current Use Medical Dental Professional Service Retail Existing Lease Type Years Remaining1to5 Fuel Description Electricity Green Certification YN No Gross Income 108480 IDXAddress Display YN Yes Listing Terms Cash Conventional Operating Expense 27000 Property Attached YN No Property Condition Updated Remodeled Property Sub Type Commercial Sale Includes Building Land Sewer Public Sewer Short Sale YN No Tax Annual Amount 7973.98 Tax Year 2023 Water Source Public Water Zoning C-3

Listing provided courtesy of RE/MAX Coast and Country: .


Listing content is copyright © 2024 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Gustavo Group | eXp Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2024-09-17T17:53:14.84.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Gustavo Group | eXp Realty and should be independently verified.
 
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Gustavo Group | eXp Realty
1220 Main Street, Suite 400
Vancouver WA, 98660