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234 SW 5th St, Grants Pass 234 SW 5th St 10,000 SF 27% Leased Retail Building Grants Pass, OR 97526 $2,093,880 CAD ($209.39 CAD/SF) 7.30% Cap Rate

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INVESTMENT HIGHLIGHTS

Heart of Grants Pass- Prime Location
10,000 Sq Ft

Restaurant or Retail Opportunity

EXECUTIVE SUMMARY

Prime Restaurant or Retail Opportunity in the Heart of the Grants Pass Historic District. 234 SW 5th Street offers exceptional visibility and foot traffic in the vibrant Grants Pass Historic District, placing your business in one of Southern Oregon's most dynamic commercial areas. Located in Owl Plaza, a popular downtown destination, this property blends character, convenience, and adaptability. Featuring ±10,000 SF of open, customizable space with high ceilings and large storefront windows, atrium dinning, it's ideal for restaurant, retail, or event concepts. Completely rebuilt in 2010, the property includes updated plumbing, electrical, HVAC, ADA restrooms, and a fully equipped commercial kitchen. Outdoor seating opportunities boost curb appeal, while ample free parking ensures easy access for guests and staff. Offering unmatched exposure, flexibility, and charm, 234 SW 5th Street is ready to bring your business vision to life.

PROPERTY FACTS

Sale Type

Investment or Owner User

Property Type

Retail

Property Subtype

Restaurant

Building Size

10,000 SF

Building Class

Year Built

1900

Price

$2,093,880 CAD

Price Per SF

$209.39 CAD

Cap Rate

7.30%

NOI

$152,853 CAD

Percent Leased

27%

Tenancy

Multiple

Building Height

1 Story

Building FAR

0.79

Lot Size

0.29 AC

Zoning

CBD

SPACE AVAILABILITY

SPACE
SIZE
SPACE USE
POSITION
AVAILABLE

1st Floor
7,261 SF
Restaurant
-
Now

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In the Heart of the Grants Pass Historic District. Very successful restaurant location is now available. Location is in the center of all nightlife. Corner of 5th and H Streets which is the center of all city downtown events, such as First Fridays, Art Along the Rogue, Holiday Plaza and street fairs. This sight is located in the city's new Plaza Project coming the first quarter of 2026. Great parking with three city, free parking lots adjacent as well as great street parking. Opportunities abound with this large venue, let your creativity take it to new directions. Can be divided into different focuses. Large kitchen is a highlight of this proven site. Owner will entertain purchase offers as well.