715 NW Dimmick St - Medical FOR SALE


Grants Pass, OR 97526
$1,950,000 USD
541-944-9967
715 NW Dimmick St, Grants Pass, OR for Sale
$1,950,000 USD
Medical - FOR SALE
1/68
null | Request Cap Rate

715 NW Dimmick St
Grants Pass, OR 97526


OVERVIEW

Merit Commercial Real Estate is pleased to exclusively present for sale 715 NW Dimmick Street, a 4.05 ac redevelopment opportunity in beautiful Grants Pass, Oregon (the ''Site''). As a partial interest in the full ''Dimmick Campus'', the Site is available individually or alongside an additional 2.27 ac site (700 NW Dimmick - $1.3m). The Site is home to Josephine County WIC and Public Health offices, housed on one floor of the existing 2-story, ± 19,541 SF concrete structure. County Public Works occupies the lower floor, as well as services the concrete generator building (no value). The clear opportunity in the Site lies in the abundant, flat residential-zoned land surrounding the building, presenting a compelling opportunity to develop a wide array of multifamily or mixed-use product. Situated in an extremely supply constrained market, there is substantial upside at 715 NW Dimmick St! Contact brokers for more info. As of the date of this report, the Seller (Josephine County) has agreed to leaseback all or part of the Site for up to 12 months. View the attached Offering Memorandum for more info. Developers are encouraged to present any reasonable proposal for the selling entity's consideration. Contact the listing brokers today for additional information. Buyer is responsible for any and all due diligence, including environmental, use, legality, site planing, zoning, demolition, and all other items.

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$100 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1963

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.05 AC

LAND SF

176,418 SF

ZONING

R-4

APN/PARCEL ID

R310994,R310995,R310997,R311000,R311050,R311051,R311084

ASK ABOUT THIS PROPERTY

Caspian HoehneMerit Commercial Real Estate LLCMore Info
541-944-9967

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Caspian HoehneMerit Commercial Real Estate LLCMore Info
541-944-9967

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.