29430 Ellensburg Ave | Gold Beach, OR 97444
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29430 Ellensburg Ave
Gold Beach, OR 97444
Spinners Sea Food Restaurant · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Iconic Oregon Coast restaurant building with vacation rental
- Spinner's Seafood, Steak & Chop House is the ground floor tenant with a 5-year term and $65,000 NOI (NNN)
- The restaurant is in a great location to capture foot traffic from the surrounding hotels, motels, and vacation rentals along Hwy 101
- Five year sale-leaseback
- Additional forecasted revenue of $51,000 from vacation rental on the second floor
- Spinner's is the premier dining establishment in Gold Beach
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,650 SF
Building Class
B
Year Built
1977
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.29
Lot Size
0.45 AC
Zoning
4C - Commercial zoned- vacation rental allowed outright.
Parking
34 Spaces (6.35 Spaces per 1,000 SF Leased)
Frontage
112’ on Ellensburg Ave
AMENITIES
- Restaurant
- Signage
- Roof Terrace
- Air Conditioning
PROPERTY TAXES
| Parcel Number | R17720 | Improvements Assessment | $28,350 |
| Land Assessment | $0 | Total Assessment | $28,350 |
PROPERTY TAXES
Parcel Number
R17720
Land Assessment
$0
Improvements Assessment
$28,350
Total Assessment
$28,350
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