29820 Ellensburg Ave - Office FOR SALE


Gold Beach, OR 97444
$600,000 USD
541-373-6333
29820 Ellensburg Ave, Gold Beach, OR for Sale
$600,000 USD
Office - FOR SALE
1/25
null | 4.5% Cap Rate

29820 Ellensburg Ave
Gold Beach, OR 97444


HIGHLIGHTS

  • Heavy foot traffic for the area
  • centrally located with Main Street frontage
  • Stop light in front of building

OVERVIEW

The Beach Mall, a prime commercial investment opportunity in the heart of Gold Beach! This rare two tax lot offering includes an approximately 5,700 SF commercial building with 13 parking spaces, plus a separate approximately 9,058 SF tax lot currently utilized for parking that can be developed. The property features multiple office spaces with a strong mix of existing tenants, including several well-established local businesses that have operated here for over 40 years. Additional vacant office space provides immediate upside potential for an owner-user or investor looking to increase cash flow with more tenants. Current floorplans offer flexibility and the potential to split existing office suites to create additional tenant spaces and maximize income potential. The western end of the building is designed to be used as a loading dock, creating even more flexibility for uses. Excellent Highway 101 frontage and visibility directly across from the Curry County Courthouse provide outstanding exposure and accessibility. Ample parking, flexible commercial zoning possibilities, and long-term tenancy history make this a unique opportunity on the Southern Oregon Coast. Buyers are encouraged to verify potential commercial uses with their agent and local planning department. Please do not disturb tenants, showings are by appointment only and buyers must be accompanied by an agent. Business are not included in the sale.

FOR SALE DETAILS

PRICE

$600,000 USD

PRICE/SF

$105 USD /SF

CAP RATE

4.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

1961

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 SF

ZONING

4C

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Ray WarrenRE/Max Ultimate Coastal PropertiesMore Info
541-373-6333

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Ray WarrenRE/Max Ultimate Coastal PropertiesMore Info
541-373-6333

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.