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Listed by RE/MAX Ultimate Coastal Properties • 541-425-7494
$1,100,000
Est. payment /mo
5,020 SqFt
Price Dropped by $100K
29430 ELLENSBURG AVE Gold Beach, OR 97444
UPDATED:
11/13/2024 12:59 PM
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 5,020 sqft
Price per Sqft $219
MLS Listing ID 23306035
Year Built 1977
Annual Tax Amount $6,942
Tax Year 2024
Lot Size 0.450 Acres
Property Description
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. Priced below current appraised value.
Location
State OR
County Curry
Area _273
Zoning 4C
Interior
Heating Heat Pump
Cooling Heat Pump
Exterior
View City, Ocean
Roof Type Metal
Parking Type On Site
Garage No
Building
Story 2
Sewer Public Sewer
Water Public Water
Level or Stories 2
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional