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Dual-Brand Restaurant Building
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250 NE Agness Ave, Grants Pass, OR 97526

Restaurant building is being remodeled for an Applebee’s and IHOP dual-brand concept.

Property Size4,946 SF
Price / SF$891.43
Days on Market229

Property Features for 250 NE Agness Ave

General Information

Standard status Active
Size 4,946 SF
Property subtype RETAIL
Listing Agency: Monarch Commercial Advisors
Listed By: Brandon Norton · License #01985777
Source: Moodyscre
Added: Jan 23 Changed: Aug 16 Last Checked: Jul 22 at 10:08AM

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 Monarch Commercial Advisors

Investment Insights

Based on property information with market context.

The property has a 20-year operating history as an Applebee’s at the location. Under new ownership, the building is undergoing a major remodel into an Applebee’s + IHOP dual-brand restaurant.

It is being positioned as a single building supporting a dual-brand restaurant operation, with construction activity currently underway to support the remodel.

The offering includes the restaurant facility and the remodel underway for the Applebee’s and IHOP concept.

Key Highlights

  • 20‑year operating history as an Applebee’s at the same location
  • Building is being remodeled under new ownership into an Applebee’s + IHOP dual‑brand restaurant

Property Analytics

Current Use

Applebee's Grill + Bar Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Auto Parts Store Hair Salon Parking Lot & Garage Grocery & Convenience Store

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

424
Businesses Nearby
541k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 35% Groceries 28% Superstores 18% Shops & Services 12%
Walmart Superstores
98,546 visits/mo 0.2 miles
Fred Meyer Groceries
68,791 visits/mo 0.4 miles
WinCo Foods Groceries
58,466 visits/mo 0.2 miles
McDonald's Dining
31,271 visits/mo 0.5 miles
Dutch Bros. Coffee Dining
26,151 visits/mo 0.1 miles

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 Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant building is being remodeled for an Applebee’s and IHOP dual-brand concept.
Where is this conventional restaurant located?
The property is located at 250 NE Agness Ave Grants Pass, OR.
What is the asking price?
The asking price for this property is $4,409,000.
What are key features of this property?
This property features: 20‑year operating history as an Applebee’s at the same location; Building is being remodeled under new ownership into an Applebee’s + IHOP dual‑brand restaurant
(925) 286-5049 Call to check price and availability
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