Listed by: Melissa Hayes · Keller Williams Realty Southern Oregon

$730,000
  • — beds
  • 0 baths
  • — sqft

5229 Redwood Avenue, Grants Pass, OR 97527

Est. $4,050/moPayment calculator
  • Single familyHome type
  • Built in 1971Year built
  • 1.22 acresLot
  • NoneHOA

About this home

  • Listed Oct 21, 2026
  • 0 days on market
  • 49 photos

Available for Sale: 5,064 SF 3-unit commercial property situated on 1.22 Ac and the associated Jerome Prairie Community Market. The single-level building features three occupancy areas under one roof, offering multiple income streams. The property includes the operating general store, a separate vacant commercial unit with recent improvements suitable for a potential café, food service or specialty retail concept, and a recently vacant rear two-bedroom, one-bath ADU with private entrance and dedicated parking. Value-add opportunities include activating the vacant space and introducing Oregon Lottery sales, subject to licensing and approval. 2025 Gross Sales were $725,440, averaging $1,988 per day. Recent June-August 2026 sales averaged approximately $2,046 per day, demonstrating consistent customer sales activity. Additional features include a large walk-in cooler, 11 asphalted parking spaces, a mailbox service, ATM machine and acreage to expand!

Facts & features

Interior

Bathrooms
0
Levels
One

Features

  • Built-in Features
  • Ceiling Fan(s)

Heating & cooling

  • Other
  • Other

Flooring

  • Concrete
  • Laminate
  • Tile

Property

Lot size
1.22 acres

Parking

  • Asphalt
  • Driveway

Construction

Home type
Single family
Property type
Commercial Sale
Year built
1971

Materials

  • Frame
  • Metal roof

Utilities

Sewer & water

  • Septic Tank
  • Well water

Community & HOA

HOA dues
None
County
Josephine

Financial & listing details

List price
$730,000
Annual property tax
$2,485
Date on market
Oct 21, 2026
Days on market
0
MLS#
220230279

Price & status history

DateEventPrice
Oct 21, 2026Listed for sale$730,000

Neighborhood

  • CityGrants Pass, OR 97527
  • CountyJosephine

Payment calculator

Estimated monthly payment

$4,050/mo

  • Principal & interest$3,691
  • Property taxes$207
  • Homeowners insurance$152
  • HOA dues$0

Loan amount $584,000 · 30-year fixed at 6.5%

Down payment
Loan term

An estimate for planning, not a loan offer. The 6.5% rate is an example; ask a lender for today’s rate. Taxes use the listing’s annual tax amount. Insurance is estimated; mortgage insurance is not included.

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Listing provided by Keller Williams Realty Southern Oregon · Listing agent: Melissa Hayes

Source
MLS of Central Oregon
MLS#
220230279
Last updated
Oct 21, 2026 at 9:41 AM

Listing information is deemed reliable but not guaranteed and should be independently verified. Listings shown are for demonstration while our MLS of Central Oregon IDX feed is being set up.