Turnkey Commercial Building, Grants
541 NE E Street, Grants Pass, OR 97526
COMMERCIAL - Grants Pass, OR
Property size:
5,800 SFLot size:
0.45 AcresPrice / SF:
$154/SF- Added:
- Apr 1, 2026
- Days on Market:
- 51
- Last Refresh:
- May 21 at 10:06 pm
Property Features for 541 NE E Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Parking Lot
- Window features
- Vinyl Frames
- Standard status
- Active
- APN
- R310557
- Size
- 5,800 SF
- Lot size
- 0.45 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 7817
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Forced Air
- Cooling system
- Central Air
- Water source
- Well
Building Details
- Year built
- 1995
- Floors in Building
- 2
- Number of units
- 1
- Flooring type
- Tile, Carpet
- Building materials
- Frame
- Roof type
- Composition
Listing agent Jason Masters License #201226708 (541) 770-3325
Listing office RE/MAX Integrity Grants Pass 1830 NE 7th Street, Medford, OR (541) 955-8483
Listing date Apr 1, 2026
MLS# 220218282
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.
HighLights
- Turnkey commercial building in immaculate condition, ready for immediate occupancy.
- Ideal location with high visibility and access from both E & F streets, near downtown, shopping centers, and restaurants.
- 25+ private parking spaces on a half‑acre lot.
- Just under 6,000 square feet with 11 private offices, 3 ADA bathrooms, and a spacious kitchen.
- Recent upgrades include new roof, new carpet downstairs, fresh paint, and energy‑efficient automated lighting.
- Two large open areas for customization.
Overview
This commercial building, located in Grants Pass, Oregon, offers 5800 square feet of space and is presented in immaculate condition. The building features a grand entry, 11 private offices, 3 ADA-compliant bathrooms, and a spacious kitchen. Two large open areas provide opportunities for customization to suit various business needs. Recent updates include a complete interior repaint, a new roof, and new carpet downstairs. The property also features new energy-efficient and automated lighting throughout. There are over 25 private parking spaces available on the 0.45-acre lot. Situated in an ideal location with access from traffic going east or west between Grants Pass' downtown and shopping centers, the property benefits from proximity to multiple established and new restaurants. Large signage is present on both E and F streets. The property is located at 541 NE E Street, Grants Pass, OR 97526.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$734.9K
NOI $66,137 @ 9.00% cap · cautious / downside scenario
Moderate
$944.8K
NOI $66,137 @ 7.00% cap · market / base-case scenario
Aggressive
$1.32M
NOI $66,137 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Office B
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $97.4k | $16.80 |
| − Vacancy | −$9.3k | −$1.60 |
| EGI | $88.2k | $15.20 |
| − OpEx | −$22.0k | −$3.80 |
| NOI | $66.1k | $11.40 |
5,800 SF · lease $16.80/SF/yr · vacancy 9.50% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$944.8K
$826.7K – $1.10M
NOI $66,137 @ 7.0% cap · market cap 7.39%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.32M
$1.15M – $1.53M
NOI $92,056 @ 7.0% cap · market cap 10.29%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Ben Bowdoin Broker ...
Real Estate Agency
Century 21-Harris & Taylor
Real Estate Agency
Gary Luckin
Real Estate Agency
Location Insight
- Map
- Local Demand
- City
- Grants Pass
- County
- Josephine
- State
- Oregon
- Longitude
- -123.319356
- Latitude
- 42.439069
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Immaculate 5800 sq ft commercial building ready for business.
Where is this office building located?
The property is located at 541 NE E Street Grants Pass, OR.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Turnkey commercial building in immaculate condition, ready for immediate occupancy.; Ideal location with high visibility and access from both E & F streets, near downtown, shopping centers, and restaurants.; 25+ private parking spaces on a half‑acre lot.
