29430 ELLENSBURG AVE, Gold Beach, OR 97444

$995,000
5,020
SqFt

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List Price
$995,000
Status
ACTIVE
Days on Market
1231
Price Change
▼ $105,000 1782257972
MLS#
23306035
Subtype
Commercial
Year Built
1977
Living Area
5,020
Lot Size
19,602
Acres
0.45
MLS Area Major
Curry Co: Gold Beach & Surrounding Area

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.

Additional Information

Zoning
4C
Exterior Construction
Board & Batten Siding
Stories
2
Parking
On Site
Parking Features
On Site
View
City, Ocean

Listing courtesy of RE/MAX Ultimate Coastal Properties.

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