1480 Rogue River Highway, Grants Pass, OR 97527
sale
$495,000
|
Other
Courtesy Of RE/MAX Ideal Brokers Medford, Inc.
Investor Alert!! Versatile mixed-use investment opportunity with strong Rogue River Highway frontage. This well-positioned commercial property features three total units, including two residential apartments and a spacious, remodeled office suite. The residential component consists of a 2-bedroom/1-bath apartment and a 1-bedroom/1-bath apartment, offering steady rental potential. A large commercial office space has been nicely remodeled and includes a small kitchenette and private bathroom. Laundry facilities are located at the rear of the building for tenant convenience. The property is supported by an on-site parking lot with approximately 12 spaces, perfect for both commercial and residential tenants. Currently, the commercial space and one apartment are rented, providing immediate income with additional upside. Excellent visibility, flexible use, and a mix of income streams make this a solid addition to any investment portfolio.
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Cooling System: Window Unit(s)
- Cooling System: Multi Units
- Cooling System: Other (Cooling)
- Cooling System: Heat Pump
- Cooling System: Wall/Window Unit(s)
- Exterior Type: Frame
- Floor Covering: Laminate
- Floor Covering: Tile
- Floors: 1
- Heating System: Electric (Heating)
- Heating System: Forced Air
- Heating System: Ductless (Heating)
- Heating System: Wall Furnace
- MLSID: 220214522
- Parking Spaces: 12
- Roof Type: Composition
- Roof Type: Membrane
- View Type: Territorial
- View Type: Mountain
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