1220 6th St, Grants Pass, OR 97526-1254
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.
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Cardtronics ATM Atm
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Alibi Bar Bar & Pub
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
GC; GENERAL COMM · Grants Pass, ORGrants Pass. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.