1731 Williams Hwy - 1731 Williams Hwy Lot • Résidentiel • 1,36 Acres • 1 232 952 $ CAD • Grants Pass, OR 97527

Offering Overview
A scaled, two-parcel commercial assemblage in South Grants Pass, held under common ownership and offered together only at $895,000. The combined ±1.36-acre site comprises a ±0.96-acre General Commercial frontage parcel at 1731 Williams Hwy (APN R316679) and an adjoining ±0.40-acre R-3 high-density residential parcel at 118 SE Grandview Ave (APN R344819) — 59,242 SF sold as a single unified development basis. No split transactions.
Along Williams Hwy the readily available, unencumbered parcels have largely traded. What remains is generally shallow sub-half-acre pad ground, or fragmented ownership requiring a multi-party assemblage to reach usable scale. A contiguous 1.36 acres under one owner, with frontage, depth, a second street orientation and two zoning designations, is no longer a common sight on OR-238.
Pricing
The asking price is calibrated to closed, recorded deeds rather than to an income model, a pro forma, or a competing listing's asking price.
The most recent adjacent transaction — 1777 Williams Hwy, closed January 2026 at $600,000, approximately $15.83 per land square foot — establishes the corridor floor. At $895,000 across 59,242 SF, this assemblage is offered at approximately $15.11 per land square foot, roughly 4.6 percent below that sale, while bringing 56 percent more total land, a second street orientation, an independently zoned rear parcel and an existing structure.
That comparison is deliberately conservative. It assigns zero contributory value to the ±1,817 SF building and claims no assemblage premium. On that basis a broker analysis concluded a range of $835,000 to $905,000; the asking price sits inside it. Every competing corridor alternative currently on the market is priced at or above this basis. Full pricing detail, comparable-sale analysis and valuation reconciliation are set out in the Offering Memorandum, available on request.
Market Context
Williams Hwy (OR-238) is the principal corridor connecting South Grants Pass to the downtown core, carrying more than 15,900 vehicles per day past this frontage, with Safeway, Fred Meyer, Grocery Outlet and Dollar General nearby.
The demand case rests on land position and healthcare, not on a retail recovery. Private education and health services was the largest job-adding sector in Josephine County in the year to July 2026 and is the county's most concentrated industry, with Asante Three Rivers Medical Center approximately one mile north. County median age of 47.3 underwrites healthcare, pharmacy and personal-service demand. On the residential side, state housing analysis identifies a sustained annual production requirement inside the Grants Pass UGB, against which the city permitted 177 multifamily units in 2025 — the R-3 parcel sits inside that requirement.
What the Site Does Not Require
No rezoning. No annexation. No multi-party assemblage. Both parcels carry their designations today, inside the Urban Growth Boundary under a single jurisdiction, with municipal water, sewer and electric reported available, level terrain and Flood Zone X mapping. Land-use approvals remain required for any specific program, as for any site — but the entitlement starting line is the one this property already stands on. Compare that with the roughly 540 acres brought into the Grants Pass UGB in 2014, which still require rezoning, annexation, transportation study work and infrastructure resolution.
Target Buyer Profiles
Medical and service-commercial developers — clinic, pharmacy or professional concepts requiring visibility and the parking depth that shallower corridor sites cannot resolve on site.
Owner-users — professional, medical or service operators seeking long-term corridor visibility and control of their real estate rather than a yield.
Residential developers and builders — the R-3 rear parcel as a standalone small multifamily or townhome program, independently developable and separately disposable.
Mixed-use developers — a commercial anchor on the highway with a residential or live/work component behind, subject to written City confirmation of cross-parcel use.
1031 exchange buyers — a land asset on a high-visibility corridor with a defined closed-sale basis and no operating history to underwrite.
The Existing Structure
A vacant ±1,817 SF single-level building from 1958, most recently in commercial retail use, sits on the GC frontage with an adjoining concrete apron providing unstriped surface parking. It is carried at zero value in the asking price, so any usable life a purchaser obtains from it sits above the price rather than inside it. Rehabilitation, owner-user occupancy or removal are all open. Condition, ADA compliance, code change-of-use and renovation scope require a purchaser's own inspection and City review. No lease is in place and no rental income is represented.
Information believed reliable but not guaranteed. Areas, zoning, utility availability and traffic counts should be independently verified. No program has been approved for either parcel; no yield, cost, rent or absorption representation is made.