Property profile

1220 6th St Grants Pass, OR 97526

OFF-MARKET
Bars & Pubs
Property ID
US71-0084390
1,680 SF 0.15 ac lot Built 1965
Entity Owned ~ Est. High Equity
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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

Current use

Occupant on record · Public records
  • Atm
  • Bar & Pub

Location

1220 6th St Grants Pass, OR 97526-1254
Grants Pass metro Census 360601 GRANTS PASS, OR MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$230k

Owner & transaction history

since 2025
Last sale
$370,645
5 recorded transactions
2025
$370,645
2022
$325,000
2021
Price N/A
2006
Price N/A
2006
$162,000

Zoning & alternative use

GC; GENERAL COMM · Grants Pass, OR

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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