16389 HIGHWAY 101,Brookings,OR 97415Brookings, OR 97415Price: $525,000

  • Price: $525,000
  • 44 Days on Market
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Federal 30-year interest rate: 6.57% last updated on May 25, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $525,000List Price
  • 0.83Acreage
  • 1,944Square Feet
This property is an excellent investment opportunity in Brookings-Harbor, Oregon, with an excellent highway frontage of 100 feet, making it a high-traffic area on Hwy 101. The lot size is approximately 0.83 acres, providing ample parking space with nine available parking spaces.The property is zoned as C2 Heavy Commercial, allowing for various commercial and potential residential uses, subject to regulations set by the Curry County Planning Department. This makes it a flexible and versatile option for investors looking for various potential uses.The property includes 1944 square feet building currently leased by a long-term established business as office space. The lease agreement and profit and loss statement are available upon request, providing transparency and insight into the property's potential income.The property is located on the beautiful Oregon coast as an investment opportunity. It has potential for both commercial and potential residential development, subject to regulations set by the Curry County Planning Department. This high-exposure location presents an excellent opportunity for investors looking for a prime location on the Oregon coast.Overall, this property is a rare opportunity to own a property with high exposure, ample space for parking, and a range of potential uses in a beautiful location on the Oregon coast. Call today for more information and to schedule a viewing of this excellent investment opportunity. Ask to see the 3D tour!

"Based on information submitted to OR_RMLS_API as of May 29, 2023 8:48 PM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

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