James & Angie Smith

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Listing provided courtesy of RE/MAX Coast and Country- MLS# 24638410MLS ProviderContact Information: 541-412-9535

1111 CHETCO AVEBrookings, OR 97415

Commercial · 12,716 Sq. ft. | 0.58 Acres
$899,000 Active

1111 CHETCO AVE Overview

Time on Site:
896 days
Visits:
195

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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1111 CHETCO AVE Facts & Features

  • Type Commercial
  • Sq. ft. 12,716
  • Price/Sq.ft. $71
  • Lot 0.58 Acres

Details

General

Income/Expenses

  • Existing Lease Type: 1 - 5 Years Remaining,Escalation Clause
  • Gross Income: 111787.0
  • Operating Expense: 48503.0

Building Information

  • Year Built: 1953

Business Information

  • Business Name: Northgate Mall
  • Current Use: Medical/Dental,Professional Service,Retail

Location/Region

  • Country: US
  • County Or Parish: Curry
  • MLS Area Major: 270 - Curry Co: City, Airport, Marina Hts, NB Chetco

Tax Information

  • Tax Annual Amount: 8213.15
  • Tax Year: 2024

General Information

  • Inclusions: Building,Land
  • Listing Terms: Cash,Conventional
  • Parcel Number: R10564
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Commercial
  • Property Type: Commercial Sale
  • Zoning: C-3

Interior

Building Interior

  • Building Area Total: 12716.0

General Information

  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Stories: 1

Exterior

Parking Information

  • Parking Features: On Site
  • Parking Total: 20.0

Lot Information

  • Lot Size Acres: 0.58
  • Lot Size Area: 26571
  • Lot Size Square Feet: 25264.0
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Construction Materials: Cement Siding,Lap Siding,Stucco
  • Roof: Flat

General Information

  • Sewer: Public Sewer

1111 CHETCO AVE Neighborhood

Community

97415 (Brookings) Demographics

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

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1111 CHETCO AVE Monthly Cost

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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.

1111 CHETCO AVE Market Data

Based on the last 30 days in this zip code

$531,461
Average List Price
$317
Average Price per Square Foot
22
Properties Sold
146
Average Days on Market
256
Properties for Sale
Calculations provided by Reliance Network

1111 CHETCO AVE 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