6401 Rogue River Hwy, Grants Pass, OR 97527
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.
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Steelhead Tavern Bar & Pub Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.