Property Description

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.