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5034096533832 E Main STActiveSave
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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