616 Hemlock St - Office FOR SALE


Brookings, OR 97415
$469,000 USD
541-655-0043
616 Hemlock St, Brookings, OR for Sale
$469,000 USD
Office - FOR SALE
1/15
null | 5.31% Cap Rate

616 Hemlock St
Brookings, OR 97415


OVERVIEW

Newer, nicely upgraded 2000 sqft commercial building in exceptional downtown Brookings location! Two separate spaces currently leased by outstanding tenants with long term businesses. Interior painted and luxury vinyl plank flooring recently installed. Additional 600+ sqft framed attic space, ready to be finished into an apartment for additional income! 5.3% current cap rate, 7.9% projected cap rate with completion of apartment. Excellent investment opportunity! Please do not enter the parking lot; shown by appointment only.

FOR SALE DETAILS

PRICE

$469,000 USD

PRICE/SF

$235 USD /SF

CAP RATE

5.31%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

C3

APN/PARCEL ID

R18393

ASK ABOUT THIS PROPERTY

Connie SpitaelBram & Connie SpitaelMore Info
541-655-0043

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Connie SpitaelBram & Connie SpitaelMore Info
541-655-0043

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.