237 SE G St 5,000 SF Retail Building Grants Pass, OR 97526 $650,000 ($130/SF)

Exceptional owner-user or investment opportunity in the heart of downtown Grants Pass, prominently located along well-traveled G Street near the corner of 6th Street. This versatile 5,000 SF, two-unit GC-zoned property within the Central Business District (CBD) offers approximately 3,500 SF of vacant space, creating an attractive opportunity for an owner-occupant seeking immediate occupancy while benefiting from supplemental rental income through a sale-leaseback arrangement with Taste & See, an established specialty coffee and boba tea shop.
The vacant portion features three private offices, three restrooms, two spacious and flexible event or gathering areas, and a prep kitchen. The adaptable layout can accommodate a variety of potential uses, including professional services, creative or educational programs, wellness operators, nonprofit or religious organizations, event venues, and specialty retail concepts.
Purchased in 2023, the property has since undergone extensive renovations and modernization. Improvements to the property include new luxury vinyl flooring, interior paint, kitchen and restroom upgrades, contemporary lighting and finishes, new doors, trim and hardware, interior plumbing improvements, an integrated security system, and dual-zone Nest thermostats. The two units are separately metered, with gas heat serving the 237 SE G Street space.
The Taste & See space underwent a comprehensive renovation completed in 2024, including new interior plumbing and electrical wiring, a new HVAC system, an ADA-compliant restroom, kitchen upgrades, a commercial grease trap, contemporary lighting and finishes, luxury vinyl flooring, an updated security system, and extensive interior modernization. Additional building-wide improvements include a roof installed in 2021 and exterior repainting and aesthetic improvements completed in 2023.
With approximately 70% of the property available for an owner-user and 30% providing income through a sale-leaseback arrangement, 237-239 SE G Street offers a unique opportunity to acquire a substantially improved and versatile commercial property in the heart of downtown Grants Pass.