Mixed-Use Infill Redevelopment FOR SALE


Grants Pass, OR
$3,250,000 USD
541-944-9967
, Grants Pass, OR for Sale
$3,250,000 USD
FOR SALE
1/90
null | Request Cap Rate

Mixed-Use Infill Redevelopment
Grants Pass, OR


HIGHLIGHTS

  • R-4 (High-Density Resi. - 88% of Site, R-1-6 (Moderate-Density Resi. - 12%)

OVERVIEW

Merit Commercial Real Estate is pleased to exclusively present the former Dimmick Campus, a multi-faceted investment and development land portfolio located in beautiful Grants Pass, Oregon (the "Site" or the "Offering"). The Dimmick Campus consists of 3 existing structures across 6.32 ac of land, and is available as a "full site" package sale (preferred), or as two distinct offerings. 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. The history of the Site is storied; previously a full-scale hospital campus that housed the 4-story Dimmick Tower (demolished in 2014) that has since been replaced by Asante's Three Rivers Medical Center. The Site currently houses Josephine County's Health Services and Planning Departments. Best viewed as two distinct sites, a developer could approach a partial purchase, take-down schedule, or other flexible proposals.

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 Policy.