735 Southeast 7th Street, Grants Pass, OR 97526
Two-story office with multiple private offices, flexible bullpen space, and dedicated paved parking with street frontage.
- Added:
- May 31, 2026
- Days on Market:
- 9
- Last Refresh:
- Jun 6 at 4:25 am
Property Features for 735 Southeast 7th Street
General Information
- Standard status
- Active
- Size
- 2,184 SF
- Property subtype
- Office
Building Details
- Year Built
- 1958
Listing agent Scott King License #Oregon 200602153
Listing office Merit Commercial Real Estate (541) 608-6704
Listing date May 31, 2026
Source Crexi
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HighLights
- 2,184 SF, two‑story conventional office building built in 1958 with stucco exterior
- Freestanding building with bright lobby plus reception/flex area and large bullpen‑style office (conference/event room potential)
- Second floor includes five private offices, a full restroom with shower, and additional storage
- 48' of owned street frontage on SE 7th St, a high‑traffic arterial, with dedicated paved parking lot and two private driveways
- Flat roof includes a large lighted sign facing 7th St and a packaged RTU serving the entire building’s HVAC
- Dedicated parking lot includes several spaces and is deeded/owned for tenant or employee use
Overview
The property has approximately 48 feet of owned street frontage on SE 7th Street, described as a high-traffic arterial in Grants Pass, Oregon, providing visibility and straightforward access. A dedicated, deeded paved parking lot includes several spaces and two private driveways to and from SE 7th Street. The surrounding area includes a mix of commercial uses, and the property is described as being close to downtown Grants Pass, with an approximately 7-minute drive to Interstate 5 access.
For owner-users, the building’s standalone configuration and on-site parking support day-to-day operations from a dedicated headquarters. The combination of private offices, a reception/flex area, and a larger open bullpen-style space can accommodate both standard office use and meetings, training, or event-style gatherings. Buyer is responsible for all due diligence; contact the listing brokers to schedule a private tour.
Local Financial Insights For Office B
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 | $36.7k | $16.80 |
| − Vacancy | −$3.5k | −$1.60 |
| EGI | $33.2k | $15.20 |
| − OpEx | −$8.3k | −$3.80 |
| NOI | $24.9k | $11.40 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Grants Pass
- County
- Josephine
- State
- Oregon
- Longitude
- -123.32197
- Latitude
- 42.444477