700 NW Dimmick St - Specialty FOR SALE


Grants Pass, OR 97526
$1,170,000 USD
541-944-9967
700 NW Dimmick St, Grants Pass, OR for Sale
$1,170,000 USD
Specialty - FOR SALE
1/58
null | Request Cap Rate

700 NW Dimmick St
Grants Pass, OR 97526


OVERVIEW

Merit Commercial Real Estate is pleased to exclusively present for sale 700 NW Dimmick Street, a 2.27 ac redevelopment opportunity in beautiful Grants Pass, Oregon (the ''Site''). As a partial interest in the full ''Dimmick Campus'', the Site is available individually or alongside an additional 4.05 ac (715 NW Dimmick - $1.95m - MLS # 220192486. Full site MLS #220192484). The Site is currently home to Josephine County Planning Office, housed in the first floor of the existing 2-story, ± 8,764 SF concrete office building. Additional County users occupy office space on the 2nd floor as well; fully usable in its current condition, the building enjoys abundant parking, greenery, numerous skylights, and views of the surrounding mountains. The clear opportunity in the Site lies in the excess residential-zoned land surrounding the building, presenting a compelling opportunity to develop a wide array of multifamily or mixed-use product. Situated in an extremely supply constrained market, there is substantial upside at 700 NW Dimmick Street! Contact brokers for more info. As of the date of this report, the Seller (Josephine County) has agreed to leaseback all or part of the Site for up to 12 months. View the attached Offering Memorandum for more info. Developers are encouraged to present any reasonable proposal for the selling entity's consideration. Contact the listing brokers today for additional information. Buyer is responsible for any and all due diligence, including environmental, use, legality, site planing, zoning, demolition, and all other items.

FOR SALE DETAILS

PRICE

$1,170,000 USD

PRICE/SF

$134 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

700 NW Dimmick Street

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

-

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.27 AC

LAND SF

98,881 SF

ZONING

R-4, R-1-6

APN/PARCEL ID

R311078,R311079,R311080,R311081,R311082,R311083,R311086,R311088,R311091,R311092

ASK ABOUT THIS PROPERTY

Caspian HoehneMerit Commercial Real Estate LLCMore Info
541-944-9967

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Caspian HoehneMerit Commercial Real Estate LLCMore Info
541-944-9967

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