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    OFF-MARKET
    Retail properties & Spaces

    6401 Rogue River Hwy, Grants Pass, OR 97527

    1,900 SF 0.26 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional opportunity presents the Steelhead Tavern, a well-established bar and restaurant located in Grants Pass, Oregon, at 6401 Rogue River Hwy, 97527. Boasting a rich history as one of the area's oldest operating establishments, this turnkey business is offered at $455,000. The 1,900 square foot property sits on a 0.26-acre lot and includes 20 parking spaces, ensuring ample room for patrons. Recently and extensively refurbished in 2023, both the interior and exterior have been updated. Improvements include a remodeled half-kitchen with new equipment, a refurbished walk-in cooler, new refrigerator/freezer and coolers, a new ice machine and beverage service station, and upgraded bathrooms and electrical systems. A new patio area provides additional seating and space for enjoying local music. The property is zoned RS and offers significant potential. The business could easily support a flourishing food truck operation or be converted into a full-service restaurant and bar. All items, fixtures, equipment, and inventory will be conveyed with the sale. The buyer will be responsible for transferring the liquor license and lottery machines through the appropriate Oregon channels. Appointments are required for viewing. Please be discreet when visiting the property.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 1,900 SF
    Lot 0.26 ac (11,326 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Steelhead Tavern Bar & Pub Restaurant
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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