About 1111 Chetco Ave
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%.
Features of 1111 Chetco Ave
| MLS® # | 24638410 |
|---|---|
| Price | $925,000 |
| Bathrooms | 0.00 |
| Square Footage | 12,716 |
| Acres | 0.58 |
| Year Built | 1953 |
| Type | Commercial Sale |
| Sub-Type | Commercial |
| Status | Active |
Community Information
| Address | 1111 Chetco Ave |
|---|---|
| Area | 270 - Curry Co: City, Airport, Marina Hts, NB Chetco |
| City | Brookings |
| County | Curry |
| State | OR |
| Zip Code | 97415 |
Amenities
| Parking Spaces | 20 |
|---|---|
| Parking | On Site |
| View | City, Territorial |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Heat Pump |
|---|---|
| Cooling | Heat Pump |
| Fireplace | No |
| # of Stories | 1 |
Exterior
| Roof | Flat |
|---|---|
| Construction | Cement Siding, Lap Siding, Stucco |
Additional Information
| Date Listed | January 15th, 2024 |
|---|---|
| Days on Market | 470 |
| Zoning | C-3 |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | RE/MAX Coast and Country |
|---|---|
| Contact Info | 541-412-9535 |