590 Union AveGrants Pass, OR 97527

  • Other commercial real estate
  • 3,648 SF
For Sale
$1,400,000 View listing

Property Details for 590 Union Ave

Year built
1980
Lot size
0.62 AC
Property size (Sq ft)
3,648 SF
Zone code
GC; GENERAL COMM
Property type
Other commercial real estate
APN
36-05-19-CA-002101
APU
360519CA002101

Description

This exceptional Class A office building, located at 590 Union Ave, Grants Pass, OR 97527, presents a unique investment opportunity. The 3,648 square foot building sits on a 0.62-acre lot (APN R313546) and boasts a highly desirable location with excellent visibility on Redwood Highway and Union Avenue, benefiting from significant traffic flow. Built in 1980, this single-tenant property is currently vacant and ready for immediate occupancy. The building's former use as a Rogue Credit Union branch ensures a history of meticulous upkeep. Key features include three convenient drive-thru lanes, a substantial 28-space parking lot, and a large electronic monument sign providing exceptional branding opportunities. The property is zoned for General Commercial use and offers a versatile space suitable for traditional office or medical office applications. This is an exceptional opportunity to acquire a well-maintained, high-visibility property in a thriving Grants Pass location. The property's size, location, and amenities make it ideal for a variety of businesses seeking a prominent presence in Josephine County. The ample parking and drive-thru lanes cater to high customer traffic needs. Don't miss this chance to own a piece of Grants Pass's commercial landscape.

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $822,771
    Hospitality
    $753,654
    Educational
    $627,031
    Medical
    $648,596
    Retail
    $975,382
590 Union Ave, Grants Pass, Oregon

Location Insight

City
Grants Pass
County
Josephine
State
Oregon
Latitude
42.4226
Longitude
-123.342
CBSA code
24420
CBSA name
GRANTS PASS, OR MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,394
-
-
$556,000
-
$515,110
$40,890
$556,000

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