● Active
$629,000
139 SW I Street, Grants Pass, OR 97526
beds
baths
sqft
Property Type
Commercial Sale
Commercial Sale
Built
1908
1908
Lot Size
0.23 Acres
0.23 Acres
Property Highlights
The Aracely House is a rare income-producing historic property in the heart of downtown Grants Pass, currently generating approximately $4,000-$6,500 per month through Airbnb rentals and private events. Originally built in 1908, this landmark home has been thoughtfully modernized while preserving its architectural character and charm.
What makes this opportunity exceptional is its fully approved restaurant conversion status. The Grants Pass Planning Department and Historic Committee have already approved redevelopment plans, and architectural drawings are included with the sale — saving significant time and expense for the next owner.
The property offers multiple investment paths including short-term rental, boutique inn, restaurant, event venue, or private residence. Distinctive features such as a library, music room, butler's pantry, expansive front porch, and private backyard create a unique guest experience and strong long-term value in one of downtown's most desirable locations
What makes this opportunity exceptional is its fully approved restaurant conversion status. The Grants Pass Planning Department and Historic Committee have already approved redevelopment plans, and architectural drawings are included with the sale — saving significant time and expense for the next owner.
The property offers multiple investment paths including short-term rental, boutique inn, restaurant, event venue, or private residence. Distinctive features such as a library, music room, butler's pantry, expansive front porch, and private backyard create a unique guest experience and strong long-term value in one of downtown's most desirable locations
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Facts & features
Bedrooms
Bathrooms
Square Feet
Listed By
eXp Realty, LLC
or.broker@exprealty.net
eXp Realty, LLC
or.broker@exprealty.net
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Data source: Oregon Data Share LLC.IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS.