Historic Rogue Theatre in Grants Pass Listed for Sale at $2 Million

Grants Pass, Oregon- The Rogue Theatre, a longstanding entertainment venue in downtown Grants Pass, has been listed for sale with an asking price of $2 million. Merit Commercial Real Estate has been retained as the exclusive broker for the sale, which includes the real estate, business assets, and operational equipment.

Originally opened in 1938, the Rogue Theatre has maintained continuous operations for more than eight decades, hosting a range of performances from national touring acts to emerging local artists. The venue has been under its current ownership since 1998 and remains a regular stop for entertainers traveling between Portland and San Francisco.

Located near Interstate 5, the property occupies a prominent position in downtown Grants Pass. According to the listing, the facility offers strong visibility, easy access for both patrons and performers, and a reputation as a landmark destination in Southern Oregon’s live entertainment scene.

The building features a secure front entrance adjacent to a large glass box office. Inside, guests enter a lobby with a full-service bar, restrooms, storage areas, and access to the main auditorium and balcony seating. Performer amenities include rear loading access, a large green room, two private dressing rooms, a dedicated artist restroom, and direct stage entry.

The main auditorium provides seating for approximately 550 people, designed to accommodate concerts, comedy shows, and corporate events. The venue is equipped with a full audio-visual system, projection screens, a curtain system, and various furnishings and fixtures. A private bar area located in the balcony offers potential for conversion to additional general admission seating.

The business currently operates with one part-time administrative employee and a roster of hourly event staff. The current owner has indicated a willingness to provide transitional support following a sale.

Notable exterior features include large, grandfathered neon signage that has become a familiar landmark for residents and visitors.

Merit Commercial Real Estate describes the offering as an opportunity to acquire a “proven and important business” in a growing regional market. The sale includes all branding, operational resources, and equipment necessary for continued operation without significant downtime.

Source: LoopNet