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    1111 Chetco Ave Brookings, OR 97415

    For Sale
    $899,000

    COMMERCIAL - Brookings, OR

    Property size:
    12,716 SF
    Lot size:
    0.58 Acres
    Days on Market:
    67
    Last Refresh:
    Dec 13 at 5:06 pm

    Property Features for 1111 Chetco Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    C-3
    APN
    R10564
    Size
    12,716 SF
    Lot size
    0.58 Acres

    Utilities

    Heating system
    Heat Pump (Heating)
    Cooling system
    Heat Pump

    Building Details

    Year built
    1953
    Floors in Building
    1
    Building materials
    CementSiding, LapSiding, Stucco
    Roof type
    Flat

    RE/MAX Coast and Country (541) 412-9535 [email protected]

    Listing agent Marie Curtis (541) 412-9535

    Listing date Oct 8, 2025

    Copyright © 2025 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Strip Mall on Highway 101

    This well-maintained strip mall offers frontage and visibility along Highway 101 in Brookings, Oregon. The property has undergone renovations and improvements. It features a history of long-term tenancies and a stable rental income, with professional property management in place. The current rent roll and gross income is $111,787+, with 2024 operating expenses of $48,503, resulting in a net income of $63,284+. The return on investment is 7%. The property is zoned C-3 and has a size of 12716 square feet on a lot of 0.58 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brookings
    County
    Curry
    State
    Oregon
    Longitude
    -124.293073
    Latitude
    42.055398

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    FAQs

    What type of property is this?
    Strip mall - Well-maintained strip mall with high visibility on Highway 101.
    Where is this strip mall located?
    The property is located at 1111 Chetco Ave Brookings, OR.
    What is the asking price?
    The asking price for this property is $899,000.
    What are key features of this property?
    This property features: - Prime location with outstanding frontage and visibility on HWY 101.; - Stable rental income with a current net income of $63,284+.; - Proven profitability with a 7% ROI.
    (541) 412-9535
    Request Owner's contact information
    1111 Chetco Ave Brookings, OR 97415
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    Brookings, OR 97415
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1111 Chetco Ave Brookings, OR 97415
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