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1017 N Riverside Avenue

Medford, OR 97501
  • $1,100,000
  • STATUS: Closed
  • ON SITE: 422 Days
  • MLS #: 220172429
Sold - 04/10/2024
$1,100,000
SOLD - 04/10/2024
  • 0
    BEDS
  • 0.28
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 9,976
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

Listing provided courtesy of Ford Real Estate :.

Description

Investor special! Multi unit office building on highly visible Riverside Ave with an NOI of $76,126 (6.34% Cap Rate). Located in the Tax Advantage Opportunity Zone and within a 1/2 mile of the Rogue Valley Mall, the traffic count is 14,600/day. Close to 10,000 square feet is divided into as many as 15 individually leased office spaces which provides a great tenant mix, many of which are long term. Includes a lobby area, multiple entrances, conference room/multipurpose, multiple client bathrooms, abundant parking and some units have private entrances from the outside. Recent updates include a 50 year membrane roof, paint, carpet, bathroom fixtures, and AC units on the building. Handicap/ADA accessible with 40 parking spaces. 15 Foot ceilings with acoustic tiles at 9 feet. Schedule a tour today! Buyer to do their own due diligence on all aspects of the property.

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Central Oregon Association of Realtors logo © 2024 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Schaake Capital Group | Cascade Hasson Sotheby's International Realty are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Schaake Capital Group | Cascade Hasson Sotheby's International Realty. Data last updated: .2024-12-06T09:44:04.257
www.createalegacy.estate/homes/144237947
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1017 N Riverside Avenue Medford, OR 97501

  • Price: $1,200,000
  • Status: Closed
  • On Site: 422 Days
  • Updated: 16 min ago
  • MLS #: 220172429
0
Beds
0
Baths
0
½ Baths
0.28
Acres
9,976
SQFT
$0
$/SQFT
Neighborhood:
Kendall Addition
County:
Jackson
Area:
Medford
Property Description
Investor special! Multi unit office building on highly visible Riverside Ave with an NOI of $76,126 (6.34% Cap Rate). Located in the Tax Advantage Opportunity Zone and within a 1/2 mile of the Rogue Valley Mall, the traffic count is 14,600/day. Close to 10,000 square feet is divided into as many as 15 individually leased office spaces which provides a great tenant mix, many of which are long term. Includes a lobby area, multiple entrances, conference room/multipurpose, multiple client bathrooms, abundant parking and some units have private entrances from the outside. Recent updates include a 50 year membrane roof, paint, carpet, bathroom fixtures, and AC units on the building. Handicap/ADA accessible with 40 parking spaces. 15 Foot ceilings with acoustic tiles at 9 feet. Schedule a tour today! Buyer to do their own due diligence on all aspects of the property.
Exterior Features

Attached Garage YN No Body Type [] Construction Materials BrickFrame Exterior Features [] Foundation Details Slab Lot Features [] Parking Features Concrete Roof Membrane Window Features []

Interior Features

Additional Features Office Space Yes Basement None Cooling Central Air Cooling YN Yes Flooring CarpetConcrete Heating Forced AirNatural Gas Heating YN Yes Interior Features [] Levels One

Property Features

Additional Features ADAComply Yes Additional Features Bus Service Or Stop Yes Additional Features Common Area Yes Additional Parcels YN Yes Building Area Total 9976 CCRs YN No Common Walls No Common Walls Listing Terms CashConventional New Construction YN No Number Of Parking Spaces 40 Other Structures [] Owner Pays [] Road Frontage Type [] Road Surface Type [] Security Features [] Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 12319.4 Tax Year 2022 Tenant Pays [] View [] Water Source Public Waterfront Features [] Zoning Description C-C

Listing information © 2024 MLS of Central Oregon
Listing provided courtesy of Ford Real Estate :.

Central Oregon Association of Realtors logo © 2024 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Schaake Capital Group | Cascade Hasson Sotheby's International Realty are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Schaake Capital Group | Cascade Hasson Sotheby's International Realty. Data last updated: .2024-12-06T09:44:04.257
 
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Schaake Capital Group | Cascade Hasson Sotheby's International Realty
650 SW Bond St, Ste. 100
Bend OR, 97702
Listing provided courtesy of Ford Real Estate :.