About This Restaurant
Investment Highlights
Long time, high end- oceanview restaurant Plenty of parking plus leased spaces available Spacious vacation rental with rooftop ocean views
Executive Summary
Triple Net Restaurant lease in place, vacation rental/owner apartment upstairs PLUS a Studio apartment. Seller may carry a note with $600K down.
Property Details
- Sale Type Investment or Owner User
- Sale Condition Ground Lease (Leased Fee)
- Property Type Retail
- Property Subtype Restaurant Restaurant Office Office Residential Restaurant
- Building Size 5,354
- Building Class B
- Year Built/Renovated 1977/2010
- Price 1,200,000
- Price Per SF 224
- Cap Rate 7.44
- NOI 89,250
- Percent Leased 81
- Tenancy Multiple
- Building Height 2 Stories
- Building FAR 0.27
- Land Acres 0.45 AC
Amenities
- Restaurant
- Signage
- Roof Terrace
- Air Conditioning
Property Taxes
| Parcel Number | R17720 | Improvements Assessment | $0 (2023) |
| Land Assessment | $591,850 (2023) | Total Assessment | $6,261 (1.17/SF) |
| Date Created: | 2024-07-16 04:18:10 | Last Updated: | 2024-07-16 04:18:10 |
| Address: | 29430 Ellensburg Ave , Gold Beach, Oregon, 97444 | ||