616 HEMLOCK STBrookings, OR97415
$499,000
$29,400 annual income
2000 sq. ft
0.19 acres
SqFt7000to9999
Zoning: C3
621 days on market
Tour #1Tour #2VestorFilter™
Price per ft²$249.50/ft²
Price per acre$2.63M/ac
Time on market621 days
Property Description
Fully leased income producing. Exceptionally maintained & 2007 construction. Turn-key. Two commercial business leases grossing $29,400 annually. Both leases on 3-year term with step-up provisions. New Heat Pump installed July 2022 with 3 thermostats for easy customization. All interior walls are non-structural. ADA compliant & 2 restrooms. 2nd story attic has additional 600 sqft and built for possible living space & additional income potential. Excellent parking & downtown location. Est 5% CAP.
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Financial Data
Date Sold2023-04-07
Sold Price$400,000
Original Price$499,000
Current Price$499,000
Property Taxes$2,477
Find On Map
Home Facts
StatusSold
Year Built2007
Garage
MLS ID22495416
