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21233224

306 NW 6th St, Grants Pass, OR 97526

Hayes Brokerage Inc
DH
OK 061758
Hayes Brokerage Inc
Listed by Hayes Brokerage Inc
$5,500,000
506 days on market
Updated 35 days ago

REDWOODS TOWER - "FIREPROOF" Grants Pass, OR

Details
Property Type Retail, Hospitality (+3)
Sub Type Restaurant, Bar (+1)
Square Footage 21,000
Net Rentable (SqFt) 19,600
Units 36
Broker Co-Op Yes
Year Built 1926
Year Renovated Under Remodeling
Buildings 2
Stories 6
Lot Size (SqFt) 10,000
Zoning CBD
Parking Spaces 25 spaces
Parking Per SqFt 1.19
Investment Type Owner/User
Ownership Independant

Hospitality | 36 Keys OR Condominium Domain | 8 - 1,100SF 2bd 2.5 bath & 2 - 1,000SF 1 bd 1 bath

Marketing description

The Historical “REDWOODS TOWER
the Tallest Building in Grants Pass, Oregon


FIREPROOF BUILDING
SOLID CONCRETE AND STEEL - POST AND BEAM CONCRETE CONSTRUCTION

Located on OR99 (REDWOOD HWY) at 306 NW 6th St (OR99) and E Street. The property is in the epicenter of Downtown Grants Pass - 1 block north of the USPS, 2 blocks south of the Josephine County Courthouse and Offices, the City of Grants Pass Municipal Offices and County Sherrif and Municipal Police Departments. The “Rogue” River is 12 blocks south of the property. The Redwoods Tower is within walking distance to Restaurants, Retail Shops and Services located adjacent to the property and the immediate surrounding CBD area.

Perfect for Remodel of Boutique Hotel or Condominium or Apartment Housing or Medical/Office. The property has existing concrete parking and city on street parking. The property has 3 CBD Lots and the 6 story building sits on the north lot. The corner and the rear lots are concrete and currently used for parking. First floor Remodel available for Restaurant. Architectural plans have been submitted to the City of Grants Pass Building Dept and are pending final approval.

The below information is based on AI:

The population of Grants Pass, OR. is currently 39,112 and Population of Josephine County is 87,821. The overall population of the area served including neighboring Jackson County (220,768) is 310,589. The Grants Pass Airport is a public airport with a 4,001-foot asphalt runway located 5 miles NW of the property and the nearest commercial Airport is (MFR) Rogue Valley International Airport. Average - cost of RT Tickets from MFR to LAX for 21 day advance ticket purchase is $237. Current local price of automotive fuel is $3.29/gal. Average cost of hotel/motel rooms are #$80 - $100 per night. Average cost of 1 bed apartment is $1,240/mo. The median sale price of homes is around $369,000. The average home value is $401,843.

Major Medical: Asante Three Rivers Medical Center in Grants Pass, Oregon, is a 125-bed general acute care hospital. The hospital is located on a 44-acre campus.

OWNER FINANCING AVAILABLE

Investment highlights

OWNER FINANCING AVAILABLE

Listing Contacts

Hayes Brokerage Inc
DH
OK 061758
Hayes Brokerage Inc
Listed by Hayes Brokerage Inc

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