Listing provided courtesy of Premier Ocean PropertiesMLS# 629596298MLS Provider
  • 96 days on site
  • 88 views

Exceptional Investment Opportunity with Multiple Income Streams. An incredible business and financial opportunity awaits the right investor. This unique property features two income-producing structures with strong growth potential as well as a street facing billboard. Hillside Storage ' Self-Storage Facility. The first structure is a 4,104-square-foot self-storage building, originally constructed in 1955 and known locally as Hillside Storage. The facility includes 20 spacious storage units, each measuring 20' x 24', built with durable metal-clad, wood-frame construction on a concrete slab. This well-established storage facility offers reliable rental income and continued demand in the area. Commercial Retail Building is a large 8,312-square-foot building located at 1240 Chetco Avenue. The building features concrete block construction on a slab foundation with a shallow-pitched roof, designed for long-term durability. Currently, 4 of the tenants occupy all 7 leased units, providing immediate income, with additional space available for future tenants. Two retail spaces have been expanded into multi-door units, creating larger, flexible spaces for commercial use. The property is home to a community theatre on the south side, occupying approximately 2,200 square feet, as well as an additional low-cost storage building. At the rear of the property is Unit J, an industrial space totaling 2,880 square feet, offering excellent potential for use as a workshop, warehouse, or light industrial space. The remaining tenant spaces total 2,133 and 1,300 square feet. The billboard has both sides rented. This versatile property combines storage, retail, and industrial uses'making it an outstanding investment with multiple revenue streams. Proof of funds is required prior to any property showings. Sellers are unable to respond and accept an offer until the end of April, after a meeting with the estate's accountant.

Source: Regional MLS, MLS#: 629596298

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  • Property Type
    Commercial Sale
  • Lot
    1.07 acres

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RE/MAX COAST AND COUNTRY

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  • Median Age
    57
  • Population Density
    92
  • College Educated
    33%
  • Estimated Median Income
    $54,842
  • Estimated Total Home Owners
    4,783
  • Estimated Total Renters
    1,679
  • Owner / Renter Divide
    74% / 26%
  • Estimated Average Household Size
    2
  • Total Population
    13,857
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 1240 CHETCO AVE


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
3/26/2026Source: Regional MLS Added to Database
March 26, 2026