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West Coast Real Estate
2030 NW Vine Street, Grants Pass, OR 97526
- $450,000
- List Price
- $450,000
- Status
- ACTIVE
- Days on Market
- 40
- MLS#
- 220228895
- Subtype
- Commercial Sale
- Year Built
- 1929
- Lot Size
- 26,571
- Acres
- 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.
Additional Information
- Taxes
- $3,938
- Zoning
- Bp; Business Park
- Flooring
- Carpet, Laminate, Vinyl
- Heating
- Forced Air
- Air Conditioning
- Central Air
- Stories
- One
- Levels
- One
- Roof
- Composition
- Foundation
- Concrete Perimeter
- Parking Features
- Parking Lot, Asphalt
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Listing courtesy of Pulver and Leever Real Estate.
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