29430 Ellensburg Ave Gold Beach, OR 97444
- Turn key restaurants
- 4,172 SF
- 0.45 lot acres
Current Use by Public Records
- Spinner's / Steak House / Bar
Property Details for 29430 Ellensburg Ave
- Year built
- 1977
- Lot size
- 0.45 lot acres
- Property size
- 4,172 SF
- Zone code
- 4C
- Property type
- Turn key restaurants
- APN
- 3715-01AC-00200
- APU
- 371501AC00200
Description
This exceptional Gold Beach, Oregon property offers a unique investment opportunity combining a thriving restaurant and a vacation rental. The 5,020 square foot, two-story building sits on a 0.45-acre lot with 34 on-site parking spaces and additional leased parking nearby. The ground floor houses a well-established restaurant with seating for up to 150 guests, boasting multi-tiered seating and stunning ocean views. Upstairs, a renovated two-bedroom, one-bathroom vacation rental provides supplemental income and potential for personal use. Built in 1977, this property features a 4C permitted zoning designation. Located on Highway 101, it benefits from high visibility and easy access. The asking price is $1,200,000, with a price per square foot of $239.04. Owner financing may be available with a $500,000 down payment. This multi-tenancy, gross lease property presents a compelling combination of established income streams and significant growth potential in a desirable coastal location. The property includes one building with two stories. The APN is R17720.
Value Estimation
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Gold Beach
- County
- Curry
- State
- Oregon
- Longitude
- -124.422
- Latitude
- 42.4064
- CBSA code
- 15060
- CBSA name
- BROOKINGS, OR MICROPOLITAN STATISTICAL AREA
