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Two-Unit Commercial Property

239 SE G Street Grants Pass, OR 97526

239 SE G Street, Grants Pass, OR, 97526
$650,000
For Sale
Claim this Listing
$650,000

COMMERCIAL - Grants Pass, OR

Property Size5,000 SF
Lot Size0.11 Acres
Price / SF$130
AddedJul 6
Days on Market10
Last RefreshJul 15 at 8:06 am

Property Features for 239 SE G Street

General Information

Property type
Commercial Sale
Property subtype
Other
Parking features
On Street, Parking Lot, Driveway
Interior features
Built-in Features, Laminate Counters, Smart Thermostat
Standard status
Active
APN
R310626
Size
5,000 SF
Lot size
0.11 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
1195

Utilities

Sewer type
Public Sewer
Heating system
Zoned, Natural Gas, Ductless (Heating)
Cooling system
Zoned, Central Air, Ductless
Water source
Public

Building Details

Year built
1961
Floors in Building
1
Number of units
2
Flooring type
Carpet, Tile, Vinyl
Building materials
Block
Roof type
Membrane

Listing agent Melissa Hayes License #201251085,OREGON

Listing office Keller Williams Realty Southern Oregon 701 E Jackson, Medford, OR

Listing date Jul 6, 2026

MLS# 220224837

Copyright © 2026 Oregon Data Share. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This 5,000 SF two-unit commercial property includes approximately 3,500 SF of vacant space and 1,500 SF leased to Taste & See Coffee & Boba through a sale-leaseback. The available space is configured with three private offices, three restrooms, two large gathering or event areas, and a prep kitchen, allowing it to flex across retail, professional services, wellness, educational, and nonprofit or religious uses. Recent upgrades include updated building systems, paint, LVP flooring, kitchen and restroom improvements, and HVAC, plumbing, and electrical upgrades, along with a 2021 roof and 2023 exterior improvements.

The property is located in the CBD near downtown Grants Pass on SE G Street, with convenient access to nearby services and amenities and proximity to public parking. Its location near parking and 6th Street supports customer and employee access.

For an owner-user or investor seeking a downtown operating environment, the mix of vacant and leased space provides the option to occupy the improved second suite while maintaining an existing income stream from the current tenant under the sale-leaseback arrangement.

Key Highlights

  • 5,000 SF two‑unit property with 3,500 SF vacant and 1,500 SF leased to Taste & See Coffee & Boba via sale‑leaseback.
  • Zoned heating and cooling with central air plus ductless systems; natural gas service; smart thermostat.
  • Vacant space layout includes 3 private offices, 3 restrooms, 2 large gathering/event areas, and a prep kitchen.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $81.0k $16.20
− Vacancy −$5.0k −$1.00
EGI $76.0k $15.20
− OpEx −$19.0k −$3.80
NOI $57.0k $11.40
5,000 SF · lease $16.20/SF/yr · vacancy 6.20% · expense 25.00%

Alternative Uses

Best Use
Office B
$814.5K
$712.7K – $950.3K (±1% cap)
NOI $57,015 @ 7.0% cap · market cap 8.77%
Second Best
Specialty Retail
$814.1K
$712.3K – $949.7K (±1% cap)
NOI $56,984 @ 7.0% cap · market cap 8.77%
Theoretical Best
Office A
$1.13M
$992.0K – $1.32M (±1% cap)
NOI $79,358 @ 7.0% cap · market cap 12.21%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Coffee shops

Suggested Use

Catering Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Butcher Locksmith HVAC Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Fish Market Tanning Salon

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Starbucks — 115 NE 7th St, Grants Pass, OR 97526
  • Mill St Coffee — 101 NE Mill St, Grants Pass, OR 97526
  • Rogue Roasters — 610 SW 6th St, Grants Pass, OR 97526
  • The Human Bean — 700 SE 7th St, Grants Pass, OR 97526
  • Rockstar LA Coffee Co — 220 SE H St Ste 1, Grants Pass, OR 97526

FAQs

What type of property is this?
Coffee shop - Two-unit building with a substantial vacant suite and an existing coffee leaseback for owner-use flexibility.
Where is this coffee shop located?
The property is located at 239 SE G Street Grants Pass, OR.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 5,000 SF two‑unit property with 3,500 SF vacant and 1,500 SF leased to Taste & See Coffee & Boba via sale‑leaseback.; Zoned heating and cooling with central air plus ductless systems; natural gas service; smart thermostat.; Vacant space layout includes 3 private offices, 3 restrooms, 2 large gathering/event areas, and a prep kitchen.
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