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Listed by RE/MAX Coast and Country • 541-412-9535
$ 925,000
Est. payment | /mo
12,716 SqFt
$ 925,000
Est. payment | /mo
12,716 SqFt
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 12,716 sqft
Price per Sqft $72
MLS Listing ID 24638410
Year Built 1953
Annual Tax Amount $8,213
Tax Year 2024
Lot Size 0.580 Acres
Property Sub-Type Commercial
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 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%.
Location
State OR
County Curry
Area _270
Zoning C-3
Interior
Heating Heat Pump
Cooling Heat Pump
Exterior
View City, Territorial
Roof Type Flat
Garage No
Building
Story 1
Sewer Public Sewer
Water Public Water
Level or Stories 1
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://youtu.be/CiB3lUrFxmo
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Friederike Svensson
CHIEF GROWTH OFFICER | REALTOR®