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The Beach Mall 29820 Ellensburg Ave 5,704 SF 100% Leased Office Building Gold Beach, OR 97444 $600,000 ($105.19/SF) 4.50% Cap Rate



Investment Highlights
- Heavy foot traffic for the area
- Stop light in front of building
- centrally located with Main Street frontage
Executive Summary
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.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
5,704 SF
Building Class
C
Year Built
1961
Price
$600,000
Price Per SF
$105.19
Cap Rate
4.50%
NOI
$27,018
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,704 SF
Building FAR
0.55
Lot Size
0.24 AC
Zoning
4C - The 4-C zone is designed to apply to areas where more complete commercial facilities are necessary for community convenience.
Parking
32 Spaces (5.61 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Reception
- Storage Space
- Partitioned Offices
- Smoke Detector
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
20/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | R15851 | Total Assessment | $103,640 |
| Land Assessment | $0 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $0 | Tax Year | 2025 |
Property Taxes
Parcel Number
R15851
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$103,640
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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Videos
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Photos
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Street
Map
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Contact the Sale Advisor
The Beach Mall | 29820 Ellensburg Ave
