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Chloe Marino

chloe@listedbychloe.com +1(808) 745-5255

$ 888,000

Est. payment -/mo

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Active

1434 6TH ST Grants Pass, OR 97526

4,456 SqFt

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 4,456 sqft

Price per Sqft $199

MLS Listing ID 220217270

Year Built 1959

Annual Tax Amount $8,792

Lot Size 0.510 Acres

Acres 0.51

Lot Dimensions 0.51

Property Description

PRIME location! This 4456 Square foot building on .51 of an acre, with a 42 car parking lot, is a well established Chinese Restaurant since 1974. The real estate is offered for sale for $888,000.00. With the purchase of the land and building the business is offered for only an additional $30,000.00. Owner is offering business and equipment for sale without real estate purchase for $80,000.00 and offering a (NNN) lease with an option to buy. Business includes four Oregon lottery machines (subject to Oregon State Lottery approval), liquor license (subject to approval), trade name, equipment, furniture, fixtures, decor, phone number, and websites. Business has a current cap rate of 9.80%. This is a great opportunity to own prime commercial real estate and/or a thriving long established business.

Location

State OR

County Josephine

Direction I-5 to OR Highway 199 west -(6th street). to 1434

Rooms

Basement None

Interior

Interior Features Ceiling Fan(s)

Heating Forced Air, Heat Pump, Natural Gas

Cooling Central Air, Heat Pump

Exterior

Parking Features Asphalt, On Street, Parking Lot

Roof Type Membrane

Building

Lot Description Fenced, Landscaped, Sprinklers In Front

Foundation Slab

Water Public

Level or Stories One

Structure Type Block

New Construction No

Others

Senior Community No

Tax ID R307824

Security Features Fire Sprinkler System,Security System Leased,Smoke Detector(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Listed by Sheckells Realty

NEARBY SCHOOLS & PROPERTIES

Chloe Marino

Agent | License ID: RS-82751

+1(808) 745-5255

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