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832 E Main STActive

Medford, OR 97504

0

995000-100.0%

-1Bed

-1Bath

-1SqFt


UPDATED

 

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Year Built 1953

MLS Listing ID 103012637

Total Units 1

Property Description

This is a private investment sale with a 12-unit office building with one residential apartment in the back. It has an excellent rental history due to low rents and one current vacancy that needs to be remodeled. The property is professionally managed. The parking ratio is excellent, the exposure is on busy East Main Street and many suites have been remodeled, with some long term leases. The property is well maintained and a great investment with upward potential, as the rent average is below market, due to long-term tenants. The reason for the sale is the owner has passed away and the estate desires to liquidate the property to pay estate taxes and costs. One of the estate beneficiaries is a licensed active Oregon Real Estate Broker.

Location

State OR

County Jackson

Zoning C-S/P

Direction From Crater Lake Avenue, turn westbound on East main Street, look for address on the left.

Multi-Unit Info

Total Units 1

Unit 1 Information Rents Price: $10,437; SqFt: 10206

Interior

Heating Electric,Forced Air,Natural Gas

Cooling Central Air

Flooring Other

Exterior

Garage Parking Lot

Roof Type Composition

Building

Unit Location No Common Walls

Foundation Other

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Brick,Frame

New Construction No

Others

Association Rules No

Tax Amount $14,305

Tax Year 2019

Energy Description None

Acceptable Financing Cash,Conventional

Special Sale Standard

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Listing provided by Coldwell Banker Commercial Pro West

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PROPERTY HISTORY

Date Event Price Source

    Neighborhood Demographic

    Sarah Spinks RE/Max Integrity

    Sarah Spinks

    Realtor® | License ID: 201222287

    5034096533

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