2024 Williams Highway, Grants Pass, OR 97527

$1,995,000

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List Price
$1,995,000
Status
ACTIVE
Days on Market
144
MLS#
220219857
Subtype
Commercial Sale
Year Built
1910
Lot Size
156,380
Acres
3.59

Property Description

Fully entitled development assemblage on Williams Hwy - four contiguous parcels sold as one. Approved for 46 attached townhomes under Oregon's middle-housing land division by City of Grants Pass Director's Decision 108-00009-24 (1/27/2025): zero public comments, un-appealed, final. PE-stamped civil engineering, preliminary utility plan, infiltration test and a Traffic Impact Analysis concurred by the City and ODOT all convey at close. 3.59 acres on the signalized Williams Hwy / SW West Harbeck corner, ~19,550 VPD. Zoned R-4 and R-1-8; 46 units at 12.81 du/ac via City-concurred minimum-density averaging. Four existing residences generate $4,747/mo ($56,964/yr) on month-to-month leases; occupancy does not restrict the development timeline. Municipal mains in both frontage streets; on-site extensions engineered to 30% SD, not constructed. Final plat due approx. 1/2028. Entitlement file, title, leases and disclosures under NDA. $43,370 per entitled door; five sellers, one closing.

Additional Information

Taxes
$8,675
Zoning
R-4
Flooring
Carpet, Laminate, Vinyl
Heating
Electric, Forced Air, Natural Gas, Wood
Air Conditioning
Central Air, Wall/Window Unit(s)
Stories
One
Levels
One
Roof
Composition
Foundation
Slab
Parking Features
Attached, Detached, Driveway
View
Cascade Mountains, Mountain(s), Valley, Neighborhood

Listing courtesy of Coldwell Banker Commercial Professional Group.

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