1111 CHETCO Ave, Brookings, OR 97415
sale
$899,000
|
Other
Courtesy Of RE/MAX Coast and Country
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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Property Features
- Age: Over 50 Years Old
- Cooling System: Heat Pump
- Exterior Type: Stucco
- Exterior Type: LapSiding
- Exterior Type: CementSiding
- Floors: 1
- Heating System: Heat Pump (Heating)
- Legal Description: ACRES 0.58; Map# 4113-06BD-03200-00
- MLSID: 24638410
- Roof Type: Flat
- View Type: Territorial
- View Type: City
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