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405 NE 6th St 5,950 SF Office Building Grants Pass, OR 97526 $725,000 ($121.85/SF)
EXECUTIVE SUMMARY
Merit Commercial Real Estate is pleased to exclusively present 405 NE 6th Street, a professional office building located in beautiful downtown Grants Pass, Oregon (the "Property").
The Property is situated on a high traffic 0.38 acre corner lot with direct visibility to 20,000+ combined VPD. This corner is situated at the confluence of all major roads in the downtown core, and is 1 block south of the County Courthouse and other government offices, helping boost pedestrian traffic as well.
The building itself is comprised of approximately 5,920 SF across two stories and presents as a very well maintained asset; ownership is well known to manage and proactively maintain their assets. Highlighting this fact, the Property underwent a full re-roof in 2022 with a 15 year warranty, as well as several brand new HVAC units and interior renovations in the recent years.
Inside, the building enjoys the in-demand combination of security and function, with controlled access to the lobby and front desk, and secure access to the remainder of the building. The professional office layout is highly functional, with the right ratio of private offices, 'bull-pen' style open working areas, restrooms, and storage. The first floor enjoys substantial natural light, and while some finishes may be dated, the interior appears to be in excellent condition.
Additionally, the first floor features an expansive conference room, which could be utilized for large corporate events or group gatherings.
Upstairs, the second floor is essentially self-contained, with multiple private offices, kitchenette, restrooms and shower, and additional storage. Prospective users should note the interior could possibly be split into 2 or 3 separate units, with relatively straightforward designs possible.
Outside, parking is abundant with 31 marked spaces easily accessed from dedicated driveways off of NE 6th Street or NE D Street. All parties are to note a permanent shared access easement will be recorded to the benefit of the neighbor on select days.
Conveniently located in downtown Grants Pass, the opportunity is clear at 405 NE 6th Street. Buyer is responsible for any and all due diligence. Contact the listing brokers today for more information!
The Property is situated on a high traffic 0.38 acre corner lot with direct visibility to 20,000+ combined VPD. This corner is situated at the confluence of all major roads in the downtown core, and is 1 block south of the County Courthouse and other government offices, helping boost pedestrian traffic as well.
The building itself is comprised of approximately 5,920 SF across two stories and presents as a very well maintained asset; ownership is well known to manage and proactively maintain their assets. Highlighting this fact, the Property underwent a full re-roof in 2022 with a 15 year warranty, as well as several brand new HVAC units and interior renovations in the recent years.
Inside, the building enjoys the in-demand combination of security and function, with controlled access to the lobby and front desk, and secure access to the remainder of the building. The professional office layout is highly functional, with the right ratio of private offices, 'bull-pen' style open working areas, restrooms, and storage. The first floor enjoys substantial natural light, and while some finishes may be dated, the interior appears to be in excellent condition.
Additionally, the first floor features an expansive conference room, which could be utilized for large corporate events or group gatherings.
Upstairs, the second floor is essentially self-contained, with multiple private offices, kitchenette, restrooms and shower, and additional storage. Prospective users should note the interior could possibly be split into 2 or 3 separate units, with relatively straightforward designs possible.
Outside, parking is abundant with 31 marked spaces easily accessed from dedicated driveways off of NE 6th Street or NE D Street. All parties are to note a permanent shared access easement will be recorded to the benefit of the neighbor on select days.
Conveniently located in downtown Grants Pass, the opportunity is clear at 405 NE 6th Street. Buyer is responsible for any and all due diligence. Contact the listing brokers today for more information!
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
5,950 SF
Building Class
B
Year Built
1967
Price
$725,000
Price Per SF
$121.85
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
2,975 SF
Building FAR
0.36
Lot Size
0.38 AC
Opportunity Zone
Yes
Zoning
CBD - Central Business District
Parking
31 Spaces (5.21 Spaces per 1,000 SF Leased)
AMENITIES
- Controlled Access
- Conferencing Facility
- Reception
- Monument Signage
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- River Valley Church Preschool & Child Care
- Health Care and Social Assistance
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| River Valley Church Preschool & Child Care | Health Care and Social Assistance | - | - | - |
1 1
Walk Score®
Very Walkable (89)
PROPERTY TAXES
| Parcel Number | R310335 | Improvements Assessment | $537,410 |
| Land Assessment | $430,350 | Total Assessment | $967,760 |
PROPERTY TAXES
Parcel Number
R310335
Land Assessment
$430,350
Improvements Assessment
$537,410
Total Assessment
$967,760
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405 NE 6th St
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