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1111 CHETCO AVE Brookings, OR $ 899,000
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$ 899,000 Get more info
1111 CHETCO AVE
$ 899,000
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Share Save

1111 CHETCO AVE

Brookings, OR, 97415
$ 899,000
Bedrooms-- Baths-- Sq 12,716
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Property for Rent in Brookings, OR

for $899,000. This 12,716 square foot property was built in 1953 on a lot size of 0.58.

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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Rental Active

Price

$ 899,000

Taxes

$ 8,213

Style

Commercial

Lot Size

0.58

Year Built

1953

Town/City

Brookings

County/Region

Curry

MLS | Web ID

24638410
Features
General
Sewer PublicSewer
Heating HeatPump
Cooling HeatPump
Roof Flat
Zoning C-3
Construction Materials CementSiding LapSiding Stucco
Year Built 1953
Sale Includes Building Land
Stories Count 1
Property Subtype Commercial
Tax Year 2024
Current Use MedicalDental ProfessionalService Retail
Parcel Number R10564
Gross Income 111787.0
Business Name Northgate Mall
County Curry
Operating Expense 48503.0
Property Type CommercialSale
HOA N
Status Active
Directions Along Hwy 101 in business district of Brookings just North of Fred Meyers.
City Brookings
MLS Area _270
Lot Size Square Feet 25264.0
Listing Terms Cash Conventional
Tax Annual Amount 8213.15
Property Condition UpdatedRemodeled
Virtual Tour https://youtu.be/CiB3lUrFxmo
Lease Type YearsRemaining1to5 EscalationClause
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description ACRES 0.58; Map# 4113-06BD-03200-00
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Exterior
Parking Features OnSite
Water Source PublicWater
Total Parking 20.0
Building Area Total 12716.0
Lot Size Acres 0.58
Road Surface Type Paved
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Internal Only
Street Number 1 1111
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* Excluded Features
List By
Re/Max Coast And Country

Broker

541-412-9535

Contact

Nearby
1949264 Elementary School
1949174 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/3/2025$899,000 -2.81% Price Down
9/5/2024$925,000 -2.12% Price Down
1/15/2024$945,000 Listed Price

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1111 CHETCO AVE, Brookings, OR, 97415 is a Property for Rent at $899,000 with 12,716 sqft and a lot size of 0.58. 1111 CHETCO AVE was built in 1953. The property's zip code is 97415 which is in Brookings, OR

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