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Historic Short-Term Rental Property
For Sale
$629,000

139 SW I Street, Grants Pass, OR 97526

Downtown Grants Pass residence with approved restaurant conversion plans and preserved architectural details.

Property SizeContact for details
Days on Market46

Property Features for 139 SW I Street

General Information

Standard status Active

Amenities

library
music room
butler's pantry
expansive front porch
private backyard

Building Details

Year Built 1908
Buildings 1
Listing Agency: eXp Realty, LLC
Listed By: Rockwell Group · License #201207277
Source: Evimerorealty
Added: Jul 16 Changed: Aug 29 Last Checked: Aug 29 at 7:28PM

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 eXp Realty, LLC

Investment Insights

Based on property information with market context.

Built in 1908, this historic downtown residence combines updated interiors with retained architectural elements. The property includes a library, music room, butler’s pantry, expansive front porch, and private backyard, creating a distinctive residential and hospitality setting.

Restaurant conversion plans have been approved by the Grants Pass Planning Department and Historic Committee, with architectural drawings included in the sale. The property is positioned for several documented use concepts, including short-term rental operation, boutique inn, restaurant, event venue, or private residence. Its address is 139 SW I Street in downtown Grants Pass, Oregon.

Key Highlights

  • Historic property constructed in 1908
  • Approved restaurant conversion plans from the Grants Pass Planning Department and Historic Committee
  • Architectural drawings included with the sale

Property Analytics

Current Use

The Aracely House Hotel & Motel

Suggested Use

Top Pick HVAC Service Storage Facility Big Box & Wholesale Store Kitchen & Bath Showroom Furniture & Home Goods Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,889
Businesses Nearby

Demographics for 97526, OR

36,561
Population
15,987
Households
2.3
Avg Household Size
47
Median Age
20%
College-Educated
91%
High-School Grad
140.7 sq mi
ZIP Area
260
Density / Sq Mi
$57,103
Median Household Income
$35,685
Median Earnings
$1,076
Median Rent
$379,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Short term rental property - Downtown Grants Pass residence with approved restaurant conversion plans and preserved architectural details.
Where is this short term rental property located?
The property is located at 139 SW I Street Grants Pass, OR.
What is the asking price?
The asking price for this property is $629,000.
What are key features of this property?
This property features: Historic property constructed in 1908; Approved restaurant conversion plans from the Grants Pass Planning Department and Historic Committee; Architectural drawings included with the sale
More about this property
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