Listing provided courtesy of RE/MAX Ultimate Coastal Properties- MLS# 23306035
Contact Information: 541-425-7494
Contact Information: 541-425-7494Price Reduced
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29430 ELLENSBURG AVEGold Beach, OR 97444
Commercial · 5,020 Sq. ft. | 0.45 Acres$995,000
Active
29430 ELLENSBURG AVE Overview
- Time on Site:
- 1155 days
- Visits:
- 48
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.
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29430 ELLENSBURG AVE Facts & Features
- Type Commercial
- Sq. ft. 5,020
- Price/Sq.ft. $198
- Lot 0.45 Acres
Details
General
Income/Expenses
- Gross Income: 125200.0
- Operating Expense: 31385.0
Building Information
- Year Built: 1977
Business Information
- Current Use: Hotel/Motel,Restaurant
Location/Region
- Country: US
- County Or Parish: Curry
- MLS Area Major: 273 - Curry Co: Gold Beach & Surrounding Area
Tax Information
- Tax Annual Amount: 7141.76
- Tax Year: 2025
General Information
- Inclusions: Building,Land
- Listing Terms: Cash,Conventional
- Parcel Number: R17720
- Property Condition: Updated/Remodeled
- Property Sub Type: Commercial
- Property Type: Commercial Sale
- Zoning: 4C
Interior
Building Interior
- Building Area Total: 5020.0
General Information
- Cooling: Heat Pump
- Heating: Heat Pump
- Stories: 2
Exterior
Parking Information
- Parking Features: On Site
- Parking Total: 34.0
Lot Information
- Lot Size Acres: 0.45
- Lot Size Square Feet: 19602.0
- Number Of Buildings: 1
- Road Surface Type: Paved
- Water Source: Public Water
Building Exterior/Construction
- Construction Materials: Board & Batten Siding
- Roof: Metal
General Information
- Road Frontage Type: 115
- Sewer: Public Sewer
29430 ELLENSBURG AVE Neighborhood
Community
97444 (Gold Beach) Demographics
53
Median Age
36
Population Density (per sq. mile)
32%
College Educated
$56,813
Estimated Median Income
1,898
Estimated Total Home Owners
793
Estimated Total Renters
71% / 29%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.29430 ELLENSBURG AVE Monthly Cost
29430 ELLENSBURG AVE Market Data
Based on the last 30 days in this zip code
$881,013
Average List Price
$417
Average Price per Square Foot
10
Properties Sold
167
Average Days on Market
115
Properties for Sale
29430 ELLENSBURG AVE History
| Date | Value | Agent |
|---|---|---|
| 6/23/2026Source: Regional MLS | $995,000 -9.5% |
|
| 11/13/2024Source: Regional MLS | Active |
|
| 10/28/2024Source: Regional MLS | $1,100,000 -8.3% |
|
| 7/28/2024Source: Regional MLS | Pending |
|
| 10/3/2023Source: Regional MLS | $1,200,000 -5.9% |