Three-Level Office
1002 Nw 6th St Grants Pass, OR 97526
For Sale
$537,000
Three-level office building with a remodeled interior, large reception area, and multiple private and work spaces.
Property Size2,278 SF
Price / SF$235.73
Days on Market105
Property Features for 1002 Nw 6th St
General Information
- Standard status
- Active
- Size
- 2,278 SF
Listing Agency:
Windermere Real Estate Southern Oregon
(541) 660-9818
Listed By:
Suzie Matney P.C.
(541) 660-9818
Source:
Exprealty
Added: Apr 10
Changed: Jul 22
Last Checked: Jul 22 at 7:49PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Windermere Real Estate Southern Oregon
Investment Insights
Based on property information with market context.
This commercial building features approximately 2,278 square feet across three levels and is described as beautifully remodeled and ready for a new business. The property includes a large reception area, extensive storage, skylights, and new exterior and interior paint. Additional improvements noted include a new roof.
The upstairs space has a private corner office with a mini kitchen equipped with a refrigerator, microwave, and sink. The downstairs level includes a large work area with built-ins, supporting day-to-day office operations.
The building is positioned on a busy corner location, providing a prominent presence for an incoming business. Schedule a showing to review the layout and finishes in person.
The upstairs space has a private corner office with a mini kitchen equipped with a refrigerator, microwave, and sink. The downstairs level includes a large work area with built-ins, supporting day-to-day office operations.
The building is positioned on a busy corner location, providing a prominent presence for an incoming business. Schedule a showing to review the layout and finishes in person.
Key Highlights
- Commercial building with 2,278 SF across 3 levels
- Remodeled interior with large reception area and multiple private/work spaces
- New exterior and interior paint plus new roof and skylights
Financial Insights For Office B
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 | $38.3k | $16.80 |
| − Vacancy | −$3.6k | −$1.60 |
| EGI | $34.6k | $15.20 |
| − OpEx | −$8.7k | −$3.80 |
| NOI | $26.0k | $11.40 |
2,278 SF · lease $16.80/SF/yr · vacancy 9.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$371.1K
$324.7K – $432.9K
NOI $25,976 @ 7.0% cap · market cap 4.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$516.5K
$452.0K – $602.6K
NOI $36,156 @ 7.0% cap · market cap 6.73%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Central Signing Service, ...
Law Firm
FAQs
What type of property is this?
Office building - Three-level office building with a remodeled interior, large reception area, and multiple private and work spaces.
Where is this office building located?
The property is located at 1002 Nw 6th St Grants Pass, OR.
What is the asking price?
The asking price for this property is $537,000.
What are key features of this property?
This property features: Commercial building with 2,278 SF across 3 levels; Remodeled interior with large reception area and multiple private/work spaces; New exterior and interior paint plus new roof and skylights
