29430 Ellensburg Ave - Restaurant FOR SALE
Gold Beach, OR 97444 |
29430 Ellensburg Ave
Gold Beach, OR 97444
HIGHLIGHTS
- Iconic Oregon Coast restaurant building with vacation rental
- Five year sale-leaseback
- Spinner's Seafood, Steak & Chop House is the ground floor tenant with a 5-year term and $65,000 NOI (NNN)
- Additional forecasted revenue of $51,000 from vacation rental on the second floor
- The restaurant is in a great location to capture foot traffic from the surrounding hotels, motels, and vacation rentals along Hwy 101
- Spinner's is the premier dining establishment in Gold Beach
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Spinners Sea Food Restaurant
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
5650
STORIES
2
YEAR BUILT
1977
SPRINKLERS
-
PARKING SPACES
34
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
R17720
