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Listing provided courtesy of RE/MAX Ultimate Coastal PropertiesMLS# 23306035MLS ProviderContact Information: 541-425-7494
  • 1155 days on site
  • 48 views

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.

Source: Regional MLS, MLS#: 23306035

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  • Property Type
    Commercial Sale
  • Lot
    0.45 acres

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  • Median Age
    53
  • Population Density
    36
  • College Educated
    32%
  • Estimated Median Income
    $56,813
  • Estimated Total Home Owners
    1,898
  • Estimated Total Renters
    793
  • Owner / Renter Divide
    71% / 29%
  • Estimated Average Household Size
    2
  • Total Population
    5,974
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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$ %
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* 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.

Life at 29430 ELLENSBURG AVE

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

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%