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Listing provided courtesy of RE/MAX Coast and CountryMLS# 24638410MLS ProviderContact Information: 541-412-9535
  • 897 days on site
  • 195 views

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%.

Source: Regional MLS, MLS#: 24638410

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  • Property Type
    Commercial Sale
  • Lot
    0.58 acres

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  • Median Age
    57
  • Population Density
    92
  • College Educated
    33%
  • Estimated Median Income
    $54,842
  • Estimated Total Home Owners
    4,783
  • Estimated Total Renters
    1,679
  • Owner / Renter Divide
    74% / 26%
  • Estimated Average Household Size
    2
  • Total Population
    13,857
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 1111 CHETCO AVE

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
7/2/2025Source: Regional MLS Price Reduction
$899,000 -2.8%
4/8/2025Source: Regional MLS Status Change
Active
12/13/2024Source: Regional MLS Status Change
Pending
9/5/2024Source: Regional MLS Price Reduction
$925,000 -2.1%
5/15/2024Source: Regional MLS Status Change
Active
2/23/2024Source: Regional MLS Status Change
Pending
2/13/2024Source: Regional MLS Status Change
Active
2/6/2024Source: Regional MLS Status Change
Pending
1/15/2024Source: Regional MLS Added to Database
January 15, 2024