143 H St Grants Pass, OR 97526-3036
This exceptional opportunity presents the acquisition of The Rogue Theater, a landmark entertainment facility in Grants Pass, Oregon. Built in 1938 and extensively renovated in 2002, this two-story, 7,988 square foot building sits on a 0.12-acre lot in the heart of the city's central business district (CBD). Currently operating at 100% occupancy since August 5, 2002, the theater boasts a 550-seat auditorium, a full-service bar, ample backstage areas including a large green room and two private dressing rooms, and a state-of-the-art A/V system complete with projection screens and a curtain system. The theater's prime location, directly on Interstate 5, provides excellent visibility and accessibility. The asking price is $2,000,000, translating to $250.38 per square foot. The property includes numerous fixtures, furniture, and equipment (FF&E), allowing for immediate operation with minimal downtime. A private VIP bar offers potential for expansion. This turnkey operation presents a unique opportunity for an investor to acquire a well-established, profitable entertainment venue with significant upside potential. The property's rich history and strong brand recognition within the community provide a solid foundation for continued success and growth. The Josephine County APN is R310651. The permitted zoning is CBD.
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Rogue Theatre Theater & Performing Art Venue
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Rogue Productions Theater & Performing Art Venue
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
CBD; CENTRAL BUS DIST · 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.