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29667789
29667799

1480 Rogue River Hwy, Grants Pass, OR 97527 For Sale

MP
OR OR 201206346
RE/MAX Integrity Grants Pass
Listed by RE/MAX Integrity Grants Pass
$485,000
162 days on market
Updated 147 days ago

Versatile Mixed Use Investment Property

Details
Property Type Mixed Use, Multifamily (+1)
Sub Type Apartment Building, Executive Office (+1)
Square Footage 3,679
Units 3
Occupancy 75%
Tenancy Multi
Lease Expiration 09/10/2026
Price per SqFt $132
Year Built 1963
Year Renovated 2023
Buildings 1
Stories 1
Acreage 0.480
Zoning GC
Investment Type Owner/User
Lease Commencement 09/10/2024

Mixed Use | 3,679 SqFt

Marketing description

Investor Alert!! Versatile mixed-use investment opportunity with strong Rogue River Highway frontage. This well-positioned commercial property features three total units, including two residential apartments and a spacious, remodeled office suite. The residential component consists of a 2-bedroom/1-bath apartment and a 1-bedroom/1-bath apartment, offering steady rental potential. A large commercial office space has been nicely remodeled and includes a small kitchenette and private bathroom. Laundry facilities are located at the rear of the building for tenant convenience. The property is supported by an on-site parking lot with approximately 12 spaces, perfect for both commercial and residential tenants. Currently, the commercial space and one apartment are rented, providing immediate income with additional upside. Excellent visibility, flexible use, and a mix of income streams make this a solid addition to any investment portfolio.

Investment highlights

3 Units

2 Apartments - One bedroom/one bathroom renting at $1100/month, one 2 bedroom/one bath renting at $1300/month

Commercial Office space currently rented at $1,500/month. Lease expires on 9/10/26

12 parking spaces

Laundry facilities for tenants on site

Listing Contacts

MP
OR OR 201206346
RE/MAX Integrity Grants Pass
Listed by RE/MAX Integrity Grants Pass

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Additional Information

Name
Mary Parsagian
License
OR 201206346
Brokerage
RE/MAX Integrity
Brokerage Phone
541-955-8483
Title
Real Estate Broker
Brokerage Address
1830 Northeast 7th Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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