Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The 4-C zone is designed to apply to areas where more complete commercial facilities are necessary for community convenience. Section 2.320. Uses Permitted Outright.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
4C · Gold Beach, ORThe 4-C zone is designed to apply to areas where more complete commercial facilities are necessary for community convenience. Section 2.320. Uses Permitted Outright.
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The 4-C zone is designed to apply to areas where more complete commercial facilities are necessary for community convenience. Section 2.320. Uses Permitted Outright.
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for 4C in Gold Beach, OR.
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Find the owner behind the property.
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