29430 ELLENSBURG AVE Gold Beach, OR $ 1,200,000
29430 ELLENSBURG AVE
$ 1,200,000
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29430 ELLENSBURG AVE

Gold Beach, OR, 97444
$ 1,200,000
Baths0.0 Sq 5,020

Monthly Estimate*

$ 7,976

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Studio

Commercial Property for sale in Gold Beach, OR

for $1,200,000. This 5,020 square foot building was built in 1977 on a lot size of 0.45.

Looking to invest in a prime commercial location with two sources of income?This large 5000Sf commercial building located right on the Highway 101 frontage and has direct ocean views. On the lower level, you will find a world class restaurant seating up to 150 people across multi-tiered seating for great flow and maximum views. Plus, it comes with 34 parking spots onsite and additional leased parking nearby. Upstairs, there is an updated 2BR/1BA vacation rental that provides another source of income - perfect for your own personal use as well!With this lucrative investment opportunity, you can reap the rewards from owning such an exquisite business along with the chance to take advantage of stunning oceanviews. Not only does this offer fantastic financial returns but also lifelong memories spent enjoying all that Gold Beach has to offer. Owner may carry with $500K down.

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Commercial Active

Price

$ 1,200,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 6,769

Style

Commercial

Lot Size

0.45

Year Built

1977

Town/City

Gold Beach

County/Region

Curry

MLS | Web ID

23306035

Features
General
Sewer PublicSewer
Heating HeatPump
Cooling HeatPump
Roof Metal
Zoning 4C
Construction Materials BoardBattenSiding
Year Built 1977
Sale Includes Building Land
Stories 2
Property SubType Commercial
Tax Year 2023
Current Use HotelMotel Restaurant
Gross Income 125200.0
County Curry
Operating Expense 31385.0
Property Type CommercialSale
Status Active
Directions HWY 101>Building next to the fairgrounds
City GoldBeach
MLS Area _273
Lot Size Square Feet 19602.0
Street Name ELLENSBURG
Listing Terms Cash Conventional
Tax Annual Amount 6769.88
Property Condition UpdatedRemodeled
Virtual Tour https://my.matterport.com/show/?m=NFGsjDXyiCA&mls=1
Days on Market 387
Standard Status Active
Legal Description 3715-01AC- TL 200
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Exterior
Road Frontage 115
Parking Features OnSite
Water Source PublicWater
Total Parking 34.0
Number of Buildings 1
Building Area Total 5020.0
Lot Size Acres 0.45
Road Surface Type Paved
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Interior
Street Suffix AVE
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Internal Only
Street Number 1 29430
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* Excluded Features
List By
Re/Max Ultimate Coastal Properties

Broker

goldbeachkaren@gmail.com

Email

Affordability Calculator

$8,540
Per Month
93%
7%
0%
Monthly Principal & Interest
$7,976
Monthly Property Taxes
$564
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1949264 Elementary School
1949174 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/4/2023$1,200,000 -5.88% Price Down
5/1/2023$1,275,000 Listed Price

Map


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29430 ELLENSBURG AVE, Gold Beach, OR, 97444 is a Commercial Property for sale at $1,200,000 with 5,020 sqft and a lot size of 0.45. 29430 ELLENSBURG AVE is a studio with 0.0 baths and was built in 1977. The property's zip code is 97444 which is in Gold Beach, OR