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    Freestanding Two-Story Office Building Title is generated by Realmo AI

    735 Southeast 7th Street, Grants Pass, OR 97526

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    Two-story office with multiple private offices, flexible bullpen space, and dedicated paved parking with street frontage.

    Type:Office
    Property size:
    2,184 SF
    Price / SF:
    $180/SF
    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

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    Listing Contact
    Scott King
    Scott King

    Listing agent Scott King License #Oregon 200602153

    Listing office Merit Commercial Real Estate

    Listing date May 31, 2026

    Source Crexi

    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 Real Estate

    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

    This freestanding, two-story professional office building offers a flexible interior layout designed for a range of tenant needs. The building includes a glass storefront-style entry into a bright lobby with a reception/flex area. The first floor also features a restroom, a large bullpen-style office that could support conference or event use, and additional storage and networking closet space. On the second floor, there are five private offices, a full restroom with shower, and more storage. The exterior is stucco over a mix of CMU and wood-frame structural walls, with minimal deferred maintenance reported. A flat roof in fair condition supports a large lighted sign facing SE 7th Street and a packaged RTU for the building’s HVAC.

    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
    2,184 SF · lease $16.80/SF/yr · vacancy 9.50% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $355.8K
    $311.3K – $415.1K (±1% cap)
    NOI $24,904 @ 7.0% cap · market cap 6.30%
    Second Best
    no second resolved use
    Theoretical Best
    Office A
    $495.2K
    $433.3K – $577.7K (±1% cap)
    NOI $34,664 @ 7.0% cap · market cap 8.78%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Grants Pass
    County
    Josephine
    State
    Oregon
    Longitude
    -123.32197
    Latitude
    42.444477

    FAQs

    What type of property is this?
    Office building - Two-story office with multiple private offices, flexible bullpen space, and dedicated paved parking with street frontage.
    Where is this office building located?
    The property is located at 735 Southeast 7th Street Grants Pass, OR.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: 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
    (541) 608-6704 Call to check price and availability
    More about this property
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