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2030 NW Vine Street, Grants Pass, OR 97526

New Listing
$450,000
Property Type: Commercial Sale Square Footage: 2,700 Lot Size (sq. ft.): 26,572 Status: Active
Current Price: $450,000 List Date: 9/18/2026 Last Modified: 9/18/2026

Description

Stand-alone, single tenant leased restaurant building in a prime Grants Pass location. Large ~0.61 acre commercial lot located at the North Grants Pass I-5 interchange. Near In-N-Out, McDonalds, and Hampton Inn & Suites. The property is regularly shaped with excellent future redevelopment potential. The tenant is leasing the property through March 2028. Current rent is $2,329.90/month, Triple Net. Tenant has three successive 5-year options to renew the lease, and there are regular CPI rent increases during the current term and renewal terms. *Note - Tenant has a first right of refusal for the property.

Supplements: ********

More Information MLS# 220228895

Location, Tax, and Legal

Cross Street: NW Morgan Lane Section: Not Applicable Parcel Number: R306648 Tax Map Number: 36-05-05CC Tax Lot: 1000 Lot Size Acres: 0.61 Lot Size Square Feet: 26572 Additional Parcels YN: No

Currently Not Used

List Price per SqFt: 166.67

General Property Information

Building Area Total: 2700 Building Area Source: Other Building Area Units: Square Feet # of Units Total: 1 New Construction YN: No Zoning: Bp; Business Park Tax Annual Amount: 3938.52 Tax Year: 2025 CC&R's YN: No FIRPTA YN: No Sign On Property YN: Yes Year Built: 1929

Remarks and Miscellaneous

Public Remarks: Stand-alone, single tenant leased restaurant building in a prime Grants Pass location. Large ~0.61 acre commercial lot located at the North Grants Pass I-5 interchange. Near In-N-Out, McDonalds, and Hampton Inn & Suites. The property is regularly shaped with excellent future redevelopment potential. The tenant is leasing the property through March 2028. Current rent is $2,329.90/month, Triple Net. Tenant has three successive 5-year options to renew the lease, and there are regular CPI rent increases during the current term and renewal terms. *Note - Tenant has a first right of refusal for the property. Directions: Located on Vine Street near the intersection of NW Morgan Lane.

Common Walls

No Common Walls: 1

Cooling

Central Air: 1

Construction Materials

Frame: 1

Flooring

Carpet: 1 Laminate: 1 Vinyl: 1

Listing Terms

Contract: 1

Foundation Details

Concrete Perimeter: 1

Heating

Forced Air: 1

Levels

One: 1

Roof

Composition: 1

Business Details

Business Included?: No

Parking Features

Asphalt: 1 Parking Lot: 1

Power Production

None: 1

Sewer

Public Sewer: 1

Utilities

Electricity Connected: 1

Water Source

Public: 1

Parking Details

Parking: Yes # of Parking Spaces: 30

Special Listing Conditions

Standard: 1

Location Tax and Legal

Street Number: 2030 Street Dir Prefix: NW Street Name: Vine Street Suffix: Street County: Josephine State: OR Postal Code: 97526

Contract Information

Original List Price: 450000 Current Price: $450,000 Status: Active List Price: $450,000 Listing Contract Date: 2026-09-18

Status Change Information

Status Change Timestamp: 2026-09-18

Property Features

Common Walls: No Common Walls Construction Materials: Frame Cooling: Central Air Flooring: Carpet; Laminate; Vinyl Foundation Details: Concrete Perimeter Heating: Forced Air Levels: One Roof: Composition Utilities: Electricity Connected Parking Features: Asphalt; Parking Lot Power Production: None Sewer: Public Sewer Water Source: Public Listing Terms: Contract Special Listing Conditions: Standard
Listing Office: Pulver and Leever Real Estate
Last Updated: September - 18 - 2026
Information deemed reliable but not guaranteed.