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16218 W Hoffeldt Ln
Brookings, OR 97415
Retail Property For Sale
Investment Highlights
- Directly off the scenic coastal Highway 101
- Excellent visibility and parking
- At a major traffic light intersection
Executive Summary
An EXCEPTIONAL Coastal INVESTMENT OPPORTUNITY – Prime Income producing property along the Iconic Hwy 101 Corridor. Positioned in a highly desirable Brookings location, this well-maintained commercial investment property offers unmatched visibility, stable long-term tenants, and proven performance. Spanning .61 acres across two tax lots, the property features two commercial buildings, together offering 10,500 sq ft of versatile income-generating space. Current tenants include an established fishing tackle retailer and a successful antique shop—both drawing consistent local and tourist traffic year-round. With 28 paved parking spaces, excellent ingress/egress, and strong surrounding commercial activity, this asset presents a rare opportunity for immediate cash flow with long-range appreciation potential. A standout opportunity for discerning investors seeking stability, location, and long-term value in a growing coastal market. Showings by appointment only.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
10,500 SF
Building Class
C
Year Built
1999
Price
$1,181,205 CAD
Price Per SF
$112.50 CAD
Cap Rate
6.40%
NOI
$75,597 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.40
Lot Size
0.61 AC
Zoning
C1 - Light Commercial Use
Parking
23 Spaces (2.19 Spaces per 1,000 SF Leased)
Frontage
118’ on Hoffeldt
Amenities
- Signage
- Tenant Controlled HVAC
- Fiber Optic Internet
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