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29430 Ellensburg Ave
Gold Beach, OR 97444

$1,195,000 USD

Restaurant For Sale  •  5,354 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 5,354 SF
  • Lot Size 0.45 AC
  • Building Class B
  • Year Built 1977
  • Cap Rate 8.00 %
  • Tenancy Multiple
  • Zoning 4C
30 Transit Score
30 Walk Score

Highlights

Located at the main thoroughfare Hwy 101 (Ellensberg Avenue) Gold Beach, Oregon.
Three sources of stabilized income reduce investment risk.
Hwy 101 has high volume of traffic during summer months from out of town visitors coming to the Oregon coast for the Jet Boat tours
Tenant Spinners Seafood Steak & Chop House is the best fine dining restaurant & Lounge at Gold Beach Oregon with no competition.
Airbnb used units and the studio rental allows new owners to use it as their vacation home
Nearby establishment are Curry General Hospital, Jerry’s Jet boats Excursion, Tu Tu Lodge

Financial Summary (Proforma)

Net Operating Income: $95,606 USD (2026)
Cap Rate: 8.00 %
Total Expenses: $11,194 USD

Major Tenants

Tenant SF Occupied Lease End Date
Spinners' Seafood & Steak

Amenities

  • Restaurant
  • Signage
  • Roof Terrace
  • Air Conditioning

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 34
Type: Surface
Included in Rent: Yes
Madison Bordner 541-821-3668 Call It Closed International Realty
Madison Bordner 541-821-3668 Call It Closed International Realty