Active

29430 ELLENSBURG AVE

Gold Beach OR, 97444

$1,100,000


$219.12 per sqft

Active

5,020 sqft

Commercial

Built in 1977

Courtesy of RE/MAX Ultimate Coastal Properties

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.

23306035

MLS ID

May 1, 2023

Listed

November 22, 2024

Updated

Map

29430 ELLENSBURG AVE
Gold Beach OR, 97444

Interior Features

Total Stories

2


Fireplace

No


Cooling

Yes


Cooling Description

Heat Pump


Heating

Yes


Heating Description

Heat Pump

Exterior/Building Features

Lot Size

0.45 Acres


Roof

Metal


Sewer

Public Sewer

Other Property Details

Area Name

_273


Taxes

$6,770


Tax Frequency

Annually


Garage

No


Parking

On Site


Parking Total

34


View

Yes


View Description

City, Ocean


County

Curry


Water Source

Public Water


Pool

No


Zoning

4C

Listing History

Date

Event

Price

11/13/2024

Active

10/28/2024

Price change

$1,100,000

-9%

Listing Courtesy of RE/MAX Ultimate Coastal Properties, Karen Kennedy. 541-425-7494

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