1220 6th St Grants Pass, OR 97526-1254
- Bars
- 1,680 SF
- 0.15 lot acres
Feb 18, 2022
Current Use by Public Records
- Cardtronics ATM / Atm
- Alibi Bar / Bar
Property Details for 1220 6th St
- Year built
- 1965
- Lot size
- 0.15 lot acres
- Property size
- 1,680 SF
- Zone code
- GC; GENERAL COMM
- Property type
- Bars
- Property subtype
- Pubs
- APN
- 36-05-08-CC-000303
- APU
- 360508CC000303
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Grants Pass
- County
- Josephine
- State
- Oregon
- Longitude
- -123.323
- Latitude
- 42.451
- CBSA code
- 24420
- CBSA name
- GRANTS PASS, OR MICROPOLITAN STATISTICAL AREA