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    OFF-MARKET
    Commercial real estate

    1013 K St, Grants Pass, OR 97526

    0.82 ac lot
    Property ID
    US71-1542649
    Property summary
    AI-generated overview

    This exceptional investment opportunity in Grants Pass, Oregon, encompasses six lots totaling 0.82 acres, zoned R-2. Five lots on SW K Street measure 0.14 acres each, while one lot on SW L Street is 0.12 acres. The property boasts three existing commercial buildings totaling 12,289 square feet, each listed on the National Register of Historic Places. Utilities including power, sewer, gas, internet, and phone are already connected at each property line. A city-approved plan for remaining infrastructure and water is in place. Located near downtown Grants Pass in an established residential area with recent new construction nearby, this mixed-use property offers nearly limitless potential for redevelopment. The historic buildings present a unique opportunity for conversion into various residential or commercial uses. The asking price is $500,000. This is a rare chance to acquire a substantial property with significant upside in a desirable Oregon location.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 0.82 ac (35,719 SF)
    UPID US71-1542649
    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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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