Listing provided courtesy of RE/MAX Ultimate Coastal Properties- MLS# 23306035MLS ProviderContact Information: 541-425-7494

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.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

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
Community data courtesy of LiveBy, Inc.

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.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

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
Calculations provided by Reliance Network

29430 ELLENSBURG AVE History

Date Event Value Agent
6/23/2026Source: Regional MLS Price Reduction
$995,000 -9.5%
11/13/2024Source: Regional MLS Status Change
Active
10/28/2024Source: Regional MLS Price Reduction
$1,100,000 -8.3%
7/28/2024Source: Regional MLS Status Change
Pending
10/3/2023Source: Regional MLS Price Reduction
$1,200,000 -5.9%