239 SE G Street, Grants Pass, OR 97526
Renovated two-unit property with flexible event/office space plus a coffee and boba tenant.
- Added:
- May 11, 2026
- Days on Market:
- 36
- Last Refresh:
- Jun 15 at 8:14 am
Property Features for 239 SE G Street
General Information
- Standard status
- Active
- Size
- 5,000 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1961
Listing agent Caspian Hoehne (541) 944-9967
Listing office Merit Commercial RE, LLC (541) 944-9967
Listing date May 11, 2026
Source Xome
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 Merit Commercial RE, LLC
HighLights
- ±5,000 SF two‑unit retail and event venue facility at 237‑239 SE G Street in downtown Grants Pass, OR
- 237 SE G Street event space “G Street Gatherings” with large open event areas, three restrooms, prep kitchen, multipurpose rooms, and storage
- 239 SE G Street occupied by Taste & See coffee & boba shop with bright indoor/outdoor seating, efficient coffee bar, storage, and two public restrooms
- Significant renovations including new membrane roof (2021) plus HVAC upgrades and other updates
- Central air and interior flooring including concrete, laminate, and carpet
- On‑site parking plus alley entrance and street parking; adjacent large city‑managed parking lot
Overview
Both spaces have undergone significant renovations, including a new membrane roof in 2021 and HVAC upgrades, along with additional improvements. The property also features a prominent mural on the west exterior wall and benefits from a large city-managed parking lot located adjacent to the site.
The configuration supports multiple operating models, whether a buyer plans to run one or both concepts or keep the existing coffee and boba business in place. Unit 237’s layout is suitable for users needing open space and back-of-house support, while Unit 239 provides a turnkey-style retail service setup for food and beverage concepts. The operating business is available separately or together with the real estate, and buyers are advised to perform all due diligence.
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 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Blooms Flower Shop — 132 SW L St, Grants Pass, OR 97526
- Grants Pass Florist & Gifts (Judys) — 632 SW 6th St, Grants Pass, OR 97526
- Beyond the Garden Gate — Grants Pass, OR 97527
- Branches & Vine Floral — 778 NW 4th St, Grants Pass, OR 97526
Location Insight
- Map
- Local Demand
- City
- Grants Pass
- County
- Josephine
- State
- Oregon
- Longitude
- -123.32496
- Latitude
- 42.437989
