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$1,100,000

  • For Sale
  • Active
  • Commercial Service
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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.

Full Property Details for 29430 Ellensburg Ave

General

  • Price: $1,100,000
  • Taxes: $6,942 (2024)
  • Status: Active
  • Type: Commercial Service
  • Source: RWMLS
  • MLS ID: 23306035
  • Updated: 11/13/2024
  • Added to Site: 684 day(s) ago

Parking

  • Total Spaces: 34
  • Parking Features: On Site

Location

  • County: Curry
  • Driving Directions: HWY 101>Building next to the fairgrounds

Community

  • Community Name: 273 - Curry Co: Gold Beach & Surrounding Area

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Heat Pump
  • Heating Type: Heat Pump
  • Heating Fuel: Electricity

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • # Buildings: 1
  • Property Detached: Yes
  • Construction: Board & Batten Siding
  • Roof: Metal
  • Stories/Levels: 2
  • Square Feet: 5,020
  • Current Bldg. Use: Hotel/Motel, Restaurant
  • Year Built: 1977
  • Property Condition: Updated/Remodeled

Lot Features

  • Lot Size (Acres): 0.45
  • Lot Size (Sq. Ft.): 19,602
  • Lot Size: 15, 000 to 19, 999 SqFt
  • Frontage: Paved

Financial Considerations

  • Operating Expenses: $31,385
  • Tax Amount: $6,942.3
  • Tax Year: 2024
  • Terms: Cash, Conventional

Disclosures and Reports

  • Documents Avail.: Aerial Photo, Floor Plan, Plot - Plat Map
  • Legal Description: 3715-01AC- TL 200
  • Property ID: R17720

Listed by RE/MAX Ultimate Coastal Properties (541) 425-7494, Karen Kennedy (541) 425-0619

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Listing agent

— 29430 Ellensburg Ave —

  • Karen Kennedy

    RE/MAX Ultimate Coastal Properties

    541-425-7494

541-425-7494

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 29430 Ellensburg Ave

School District:Central Curry School District 1
RatingNameGradesDistance
4
Riley Creek Elementary School
94350 6th St, Gold Beach, OR 97444
K-80.5 mi
4
Gold Beach High School
29516 Ellensburg Ave, Gold Beach, OR 97444
9-120.1 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 29430 Ellensburg Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/28/2024
Price Reduced
$1,100,000
-8.33%
MLS
10/03/2023
Price Reduced
$1,200,000
-5.88%
MLS
5/01/2023
Listed
$1,275,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 29430 Ellensburg Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$484
-93%
$28,350
-95%
2023
$6,770
9%
$591,850
6%
2021
$6,218
-1%
$557,890
-3%
2022
$6,261
3%
$574,620
6%
2020
$6,059
—
$541,650
3%
2020
$6,059
3%
$525,880
3%
2019
$5,897
3%
$510,570
—
2018
$5,739
5%
$510,570
9%
2016
$5,454
—
$467,260
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 29430 Ellensburg Ave

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by RE/MAX Ultimate Coastal Properties (541) 425-7494, Karen Kennedy (541) 425-0619

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29430 Ellensburg Ave, Gold Beach, OR 97444 (MLS# 23306035) is a Commercial Service property. 29430 Ellensburg Ave is currently listed for $1,100,000 and was received on May 01, 2023. Want to learn more about 29430 Ellensburg Ave? Do you have questions about finding other Commercial Service real estate for sale in Gold Beach? You can browse all Gold Beach real estate or contact a Coldwell Banker agent to request more information.

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