Two-Unit Commercial
239 SE G Street, Grants Pass, OR 97526
New
COMMERCIAL - Grants Pass, OR
Property size:
5,000 SFLot size:
0.11 AcresPrice / SF:
$130/SF- Added:
- Jul 6, 2026
- Days on Market:
- 4
- Last Refresh:
- Jul 9 at 12:06 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 (541) 450-4442
Listing office Keller Williams Realty Southern Oregon 701 E Jackson, Medford, OR (541) 608-0447
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.
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.
- Recent improvements include updated building systems, paint, LVP flooring, kitchen and restroom updates, plus HVAC, plumbing, and electrical upgrades.
- Roof is membrane with a 2021 roof replacement and 2023 exterior improvements.
- Services include public water and public sewer; parking includes on‑street, parking lot, and driveway.
Overview
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.
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.
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
NOI $57,015 @ 7.0% cap · market cap 8.77%
Second Best
Specialty Retail
$814.1K
$712.3K – $949.7K
NOI $56,984 @ 7.0% cap · market cap 8.77%
Theoretical Best
Office A
$1.13M
$992.0K – $1.32M
NOI $79,358 @ 7.0% cap · market cap 12.21%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Coffee shops
Similar Places 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
Location Insight
- Map
- Local Demand
- City
- Grants Pass
- County
- Josephine
- State
- Oregon
- Longitude
- -123.325119
- Latitude
- 42.438034
Nearby Similar for Sale
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.
