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16522 English DriveBrookings, OR 97415Price: $499,000

  • Price: $499,000
  • 50 Days on Market
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Federal 30-year interest rate: 6.88% last updated on Apr 11, 2024
* 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.
  • $499,000List Price
  • 1.11Acreage
  • 1,920Square Feet
Listed by Rebecca Watwood PC of Century 21 Agate Realty
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Welcome to an incredible investment opportunity! This 1.1-acre parcel of hidden Commercial-zoned property offers a perfect blend of versatility and income potential. The property features a spacious 1,920 sqft shop, catering to various commercial endeavors. Current shop lease until 2/28/25. Additionally, three mobile home spaces are currently in place, generating a steady monthly income of $2,435 for all. An abundance of parking space is available, providing convenience for guests and tenants. Nature enthusiasts will appreciate the tranquil surroundings, with Fish House Creek flowing along the backside of the property. For those with a keen eye for expansion, an additional .26-acre lot adjacent to the property is also available for additional $50,000 but not to be sold separately. While this lot features a smaller shop/garage, its narrow yet deep layout presents opportunities for creative development and expansion. Don't miss out on this rare chance to own a commercially zoned property with income-generating potential, ample space for growth, and a scenic backdrop near the Port of Brookings. Appointment only, sale includes shop and land with 3 mobile home spaces. Note the mobile homes are NOT for sale!

Property Details of 16522 English Drive

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Based on information submitted to OR_RMLS_WEB_API as of April 18, 2024 7:42 AM 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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