2039 Redwood Ave - Restaurant FOR SALE


Grants Pass, OR 97527
$950,000 USD
602-451-7671
2039 Redwood Ave, Grants Pass, OR for Sale
$950,000 USD
Restaurant - FOR SALE
1/44
null | Request Cap Rate

2039 Redwood Ave
Grants Pass, OR 97527


HIGHLIGHTS

  • Heavy Day Time Traffic
  • Turnkey Bar & Live Music Venue
  • Fully Remodeled

OVERVIEW

Turnkey 3,200 sq ft bar and live music venue on .58 acres off Redwood Avenue in Grants Pass. Beautifully updated with two revenue centers. Inside, a 12 person poured concrete bar anchors a room built for volume. Outside, a covered patio with a second 10 person concrete bar, gas fireplaces, sun shades, and a dedicated stage extends the season on both ends. 25 parking spaces on site, a real advantage on event nights. Delivered vacant, so no goodwill premium and a clean slate for your own concept. Real property included. Furniture, fixtures, and sun shades convey. Prep table and ice machine owned outright, balance of equipment leased with option to assume or renegotiate. Replicating this buildout means a year of permitting and construction. Here the concrete is poured, the fireplaces are in, and the stage is built. High visibility location with easy access off Highway 199. Buyer to verify all information to their satisfaction.

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$297 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1968

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.58 AC

LAND SF

25,264 SF

ZONING

GC

APN/PARCEL ID

R319505

ASK ABOUT THIS PROPERTY

Kristan KelloggVarsity Real EstateMore Info
602-451-7671

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Kristan KelloggVarsity Real EstateMore Info
602-451-7671

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.