Prime Strip Mall
For Sale
$899,000
1111 Chetco Ave, Brookings, OR 97415
Well-maintained strip mall with highway frontage and stable income.
Property SizeContact for details
Lot Size0.58 Acres
Days on Market803
Property Features for 1111 Chetco Ave
General Information
Standard status
Active
Lot size
0.58 Acres
Taxes and HOA fees
Annual Taxes
$8,213
Listing Agency:
RE/MAX Coast And Country
(860) 536-7600
Listed By:
Marie Curtis · License #200507370
(541) 412-9535
Source:
Exprealty
Added: Jul 15, 2024
Changed: Aug 8
Last Checked: Aug 25 at 4:31AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Coast And Country
Investment Insights
Based on property information with market context.
This well-maintained strip mall offers frontage and visibility along HWY 101 in Coastal Brookings, Oregon. The property has undergone renovations and improvements. It features a history of long-term tenancies and a stable rental income. The property benefits from professional property management. The current rent roll/gross income is $111,787+. The 2024 operating expenses are $48,503, resulting in a net income of $63,284+ and an ROI of 7%.
Key Highlights
- Prime location with outstanding frontage and visibility on HWY 101.
- Proven profitability with a net income of $63,284+ and a 7% ROI.
- Stable rental income with a history of long‑term tenancies.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
603
Businesses Nearby
155k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 36%
Groceries 36%
Dining 22%
Apparel 6%
Fred Meyer
Groceries
43,837 visits/mo
0.2 miles
Fred Meyer Gas Station
Shops & Services
19,364 visits/mo
0.2 miles
McDonald's
Dining
13,636 visits/mo
0.3 miles
Dutch Bros. Coffee
Dining
13,127 visits/mo
0.4 miles
Grocery Outlet Bargain Market
Groceries
11,610 visits/mo
0.2 miles
Demographics for 97415, OR
14,648
Population
7,621
Households
1.9
Avg Household Size
56
Median Age
24%
College-Educated
89%
High-School Grad
305.3 sq mi
ZIP Area
48
Density / Sq Mi
$68,994
Median Household Income
$47,623
Median Earnings
$1,221
Median Rent
$385,100
Median Home Value
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Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Strip mall - Well-maintained strip mall with highway frontage and stable income.
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.; Proven profitability with a net income of $63,284+ and a 7% ROI.; Stable rental income with a history of long‑term tenancies.
