2521 Williams Highway, Grants Pass, OR 97527
Commercial Sale, Grants Pass, OR
Property Features for 2521 Williams Highway
General Information
Taxes and HOA fees
Utilities
Building Details
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Investment Insights
Based on property information with market context.
The property is positioned on Williams Highway in Grants Pass, where traffic counts approach 30,000 vehicles per day. C-3 zoning, an RV hookup, RV parking, private well water, and public sewer are included. The seller/operator is expected to remain under a new 5-year lease with one 5-year renewal option. Lease provisions include expansion rights for a proposed kiosk after approval and operation, with an approximate 5.77% in-place cap rate and approximately 8.00% potential cap rate if the kiosk is realized.
Key Highlights
- Self‑service coin‑operated car wash operating at the site for nearly 30 years
- 1,176‑square‑foot improvement on approximately 0.82 acres
- Major operating equipment replaced in 2020
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Foot Traffic Nearby
Demographics for 97527, OR
Market
Vacancy Rate% for Retail in West region