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    OFF-MARKET
    Bars & Pubs

    1220 6th St, Grants Pass, OR 97526-1254

    1,680 SF 0.15 ac lot Built 1965
    Entity Owned ~ Est. High Equity
    Property ID
    US71-0084390
    Property summary
    AI-generated overview

    This thriving bar and building in Grants Pass, Oregon, presents a unique investment opportunity. Located on busy NW 6th Street, this 1,680 square foot establishment boasts a strong track record of profitability. Recent updates include a brand-new, permitted kitchen (2023), updated lighting, two tiled bathrooms, and a new HVAC system. The property also features a large walk-in refrigerator, a custom refrigerated keg system, an ATM, and a POS system – all included in the sale. The spacious interior comfortably accommodates patrons, complemented by a generous outdoor covered area, fully approved by the OLCC. Six Oregon Lottery machines contribute to the revenue stream. The property sits on a 0.31-acre lot, encompassing two separate tax lots, providing ample parking. Built in 1955, the single-story building is zoned GC and offers easy street access. This turnkey operation is ready for a new owner to step in and continue its success. The asking price is $699,900, with a price per square foot of $416.61. The property's APN is R307964. Don't miss this chance to own a well-established and profitable business in a desirable location.

    Property profile
    Verified
    Property type Bars & Pubs
    Use group BAR, TAVERN
    Year built 1965
    Total area 1,680 SF
    Lot 0.15 ac (6,534 SF)
    Zoning code GC; GENERAL COMM
    APN 36-05-08-CC-000303
    UPID US71-0084390
    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
    • Cardtronics ATM Atm
    • Alibi Bar Bar & Pub
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Heggstrom Alibi Bar LLC
    Heggstrom Alibi Bar LLC
    since 2025
    Last sale
    $370,645
    5 recorded transactions
    2025
    $370,645
    2022
    $325,000
    2021
    2006
    2006
    $162,000
    Zoning & alternative use
    GC; GENERAL COMM · Grants Pass, OR
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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