1863 NW Washington Blvd, Grants Pass, OR 97526

Sale-Leaseback Brewery and Development Land - 1863 NW Washington Boulevard

Exclusively presented for Sale — Welcome to 1863 NW Washington Boulevard

Sale-Leaseback Brewery and Development Land - 1863 NW Washington Boulevard
Property Details

Sale-Leaseback Brewery and Development Land

RE/MAX Integrity Grants Pass, in partnership with Merit Commercial Real Estate, is pleased to exclusively present 1863 NW Washington Boulevard, an extremely rare and desirable taphouse sale-leaseback investment opportunity in beautiful Grants Pass, Oregon (the "Property"). The Property is home to the thriving local icon, the Weekend Beer Company (hereafter, "WBC").

Originally beginning as a brewery operation in 2018, the home of WBC celebrated a grand opening in early 2021, and has seen explosive growth and community love ever since. The mostly level, rectangular shaped 2.42 acre lot encompasses 3 tax lots, and presents the rare option of flexibility: a buyer may choose to take down the Property purely as a leased investment at a strong return, or could pursue significant additional development.

Potential development options are available upon request to the listing brokers. Approved plans are on hand for a phased development adding 26,850 SF of similar industrial space across 2 new buildings. While the site lends itself well to that style of development, prospective buyers are not limited to a single site plan. The tenant, Weekend Beer Company, is an established, thriving brewery that has fostered a true destination - housing a well-located, excellent gathering space for locals and travelers alike.

The family-friendly atmosphere at Weekend Beer is supported by a curated mix of up to 4 food truck spaces, providing a beloved mix of local food options within the 8,500 SF fenced courtyard surrounding the brewery. The Property is a rare development that was 'done right' - the newer construction warehouse is a flexible clear-span steel-frame structure, with an intuitive and forward-thinking layout.

All systems, utilities, and major improvements were thoughtfully designed, and allow for a convenient path for the next phase of the Property. The opportunity at 1863 is clear for prospective buyers - an excellent investment property with room to grow. Contact the listing brokers today for additional information.

Property Info

Price

$1,700,000

Property Type

Retail

Building SQ Feet

4,800

Lot Acres

2.42

Representation

Seller

Date Sold