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2030 Vine ST Grants Pass, OR 97526
2,700 SqFt
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,700 sqft
Price per Sqft $166
MLS Listing ID 220228895
Year Built 1929
Annual Tax Amount $3,938
Lot Size 0.610 Acres
Acres 0.61
Lot Dimensions 0.61
Property Description
Stand-alone, single tenant leased restaurant building in a prime Grants Pass location. Large ~0.61 acre commercial lot located at the North Grants Pass I-5 interchange. Near In-N-Out, McDonalds, and Hampton Inn & Suites. The property is regularly shaped with excellent future redevelopment potential. The tenant is leasing the property through March 2028. Current rent is $2,329.90/month, Triple Net. Tenant has three successive 5-year options to renew the lease, and there are regular CPI rent increases during the current term and renewal terms. *Note - Tenant has a first right of refusal for the property.
Location
State OR
County Josephine
Direction Located on Vine Street near the intersection of NW Morgan Lane.
Interior
Heating Forced Air
Cooling Central Air
Exterior
Parking Features Asphalt, Parking Lot
Roof Type Composition
Building
Foundation Concrete Perimeter
Water Public
Level or Stories One
Structure Type Frame
New Construction No
Others
Senior Community No
Tax ID R306648
Acceptable Financing Contract
Listing Terms Contract
Special Listing Condition Standard
Listed by Pulver and Leever Real Estate
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