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Event Space and Coffee + Complete Boba Shop 239 SE G St 5,000 SF 25% Leased Retail Building Grants Pass, OR 97526 $679,000 ($135.80/SF)
Executive Summary
Merit Commercial Real Estate is pleased to exclusively present 237-239 SE G Street, a centrally located two-unit commercial building in Grants Pass, Oregon (the "Property").
The building itself is a ±5,000 SF retail/mixed-use building conveniently situated in CBD (Central Business District) zoning, suitable for a wide range of uses.
Currently, the interior layout is divided into two distinct yet complementary spaces. At the 237 address, "G Street Gatherings" is an established event venue with multiple meeting rooms and room for upwards of 59 people, three restrooms, prep kitchen, and two multipurpose rooms. While an ideal event space and available to continue that use, this unit could easily be modified to serve as a professional office space, storefront retail, religious facility, or similar. Buyers should note that all FF&E currently onsite is excluded, pending negotiations.
The second space in the Property, at the 239 address is Taste and See coffee and boba shop, functioning as a casual sit-down and to-go beverage and light food service restaurant. The entrance off of SE G Street leads to a bright and modern public seating area, efficient coffee bar, two public restrooms and substantial storage space. This business is currently under the same ownership as the real estate, and has been rapidly growing year-over-year since its opening.
Both spaces have underwent significant remodels in the recent years, and present as modern, clean, and aesthetically pleasing spaces. Additionally, the core systems at the Property have also been tended to, with a brand new membrane roof in 2021 and significant HVAC overhauls recently.
Prospective buyers should note that the offering includes the real estate and, together or separately, the operating business of Taste & See, a local and rapidly growing specialty coffee and boba tea shop. Taste & See is fully operated by a five-employee team. The business consists of a full-time manager (37-40 hours per week) and four part-time barista cashiers. Much more info available - contact listing brokers.
Conveniently located in the thriving downtown Grants Pass, the Property offers low-friction customer navigation, proximity to public transit, and strong street-level visibility. This location provides strong connectivity for any operations on the Property.
The opportunity at 237-239 SE G Street is clear for prospective buyers. The property is a right-sized quality asset with an existing tenant, flexible and functional layout in the current event venue, and an opportunity to purchase the existing business, Taste & See. Buyer is responsible for any and all due diligence.
The building itself is a ±5,000 SF retail/mixed-use building conveniently situated in CBD (Central Business District) zoning, suitable for a wide range of uses.
Currently, the interior layout is divided into two distinct yet complementary spaces. At the 237 address, "G Street Gatherings" is an established event venue with multiple meeting rooms and room for upwards of 59 people, three restrooms, prep kitchen, and two multipurpose rooms. While an ideal event space and available to continue that use, this unit could easily be modified to serve as a professional office space, storefront retail, religious facility, or similar. Buyers should note that all FF&E currently onsite is excluded, pending negotiations.
The second space in the Property, at the 239 address is Taste and See coffee and boba shop, functioning as a casual sit-down and to-go beverage and light food service restaurant. The entrance off of SE G Street leads to a bright and modern public seating area, efficient coffee bar, two public restrooms and substantial storage space. This business is currently under the same ownership as the real estate, and has been rapidly growing year-over-year since its opening.
Both spaces have underwent significant remodels in the recent years, and present as modern, clean, and aesthetically pleasing spaces. Additionally, the core systems at the Property have also been tended to, with a brand new membrane roof in 2021 and significant HVAC overhauls recently.
Prospective buyers should note that the offering includes the real estate and, together or separately, the operating business of Taste & See, a local and rapidly growing specialty coffee and boba tea shop. Taste & See is fully operated by a five-employee team. The business consists of a full-time manager (37-40 hours per week) and four part-time barista cashiers. Much more info available - contact listing brokers.
Conveniently located in the thriving downtown Grants Pass, the Property offers low-friction customer navigation, proximity to public transit, and strong street-level visibility. This location provides strong connectivity for any operations on the Property.
The opportunity at 237-239 SE G Street is clear for prospective buyers. The property is a right-sized quality asset with an existing tenant, flexible and functional layout in the current event venue, and an opportunity to purchase the existing business, Taste & See. Buyer is responsible for any and all due diligence.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
5,000 SF
Year Built
1961
Price
$679,000
Price Per SF
$135.80
Percent Leased
25%
Tenancy
Multiple
Building Height
1 Story
Building FAR
1.04
Lot Size
0.11 AC
Zoning
CBD - Central Business District
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
1 of 93
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Event Space and Coffee + Complete Boba Shop | 239 SE G St
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