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1501 Sage Road

Medford, OR 97501
  • $2,999,000
  • STATUS: Active
  • ON SITE: 51 Days
  • MLS #: 220191507
UPDATED: 64 min ago
$2,999,000
  • 0
    BEDS
  • 0.96
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1996
County:
Jackson
Area:
Medford

School Ratings & Info

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Listing provided courtesy of eXp Realty, LLC :.

Description

Attention Investors, 9% CAP RATE. Here is a fantastic cashflow opportunity. This is 3 buildings Consisting of 15,000 SQFT gross rentable area on a .96 Ac lot zoned IG (General Industrial). Gross RENTS with long term tenants are $25,500/Mo with a 12.44% expense ratio. 1501 A/B/C is currently leased as a recently remodeled restaurant, 1503 and 1505 A/B/C/D are leased for manufacturing and storage. Recent updates are new HVAC systems, remodeled restaurant and fire suppression system in BLDG 1503. *Businesses are not for Sale, Real Estate only*

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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: .2024-12-08T15:44:01.96
www.createalegacy.estate/homes/156840744
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1501 Sage Road Medford, OR 97501

  • Price: $2,999,000
  • Status: Active
  • On Site: 51 Days
  • Updated: 64 min ago
  • MLS #: 220191507
0
Beds
0
Baths
0
½ Baths
0.96
Acres
1996
Built
County:
Jackson
Area:
Medford
Property Description
Attention Investors, 9% CAP RATE. Here is a fantastic cashflow opportunity. This is 3 buildings Consisting of 15,000 SQFT gross rentable area on a .96 Ac lot zoned IG (General Industrial). Gross RENTS with long term tenants are $25,500/Mo with a 12.44% expense ratio. 1501 A/B/C is currently leased as a recently remodeled restaurant, 1503 and 1505 A/B/C/D are leased for manufacturing and storage. Recent updates are new HVAC systems, remodeled restaurant and fire suppression system in BLDG 1503. *Businesses are not for Sale, Real Estate only*
Exterior Features

Attached Garage YN No Body Type [] Construction Materials ConcreteFrameSteel Framing Exterior Features [] Foundation Details BlockConcrete PerimeterSlabStemwall Lot Features Drip SystemLandscapedSprinkler Timer(s)Sprinklers In Front Parking Features AsphaltConcreteGatedShared DrivewayParking Lot Roof MembraneRubber Window Features Aluminum FramesDouble Pane Windows

Interior Features

Additional Features Kitchen Yes Additional Features Office Space Yes Basement None Cooling DuctlessCentral Air Cooling YN Yes Flooring CarpetConcreteTileVinyl Heating DuctlessElectricForced AirNatural GasWall Furnace Heating YN Yes Interior Features [] Levels OneMulti/Split Unit1 Square Footage 5000

Property Features

Additional Features Laundry Facility Yes Additional Parcels YN No Building Area Total 15000 CCRs YN No Common Walls 1 Common Wall2+ Common WallsEnd UnitNo Common Walls Flood Unknown Yes Listing Terms CashConventional New Construction YN No Number Of Parking Spaces 31 Other Structures Storage Owner Pays Common Area MaintenanceExterior MaintenanceInsuranceSewerTaxesWater Road Frontage Type Shared Access Road Surface Type Paved Security Features [] Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 19981.21 Tax Year 2023 Tenant Pays ElectricityExterior MaintenanceGasInsuranceInterior MaintenanceJanitorial ServiceWater Unit1 Monthly Rent 7150 Unit1 Status Leased Unit2 Monthly Rent 14000 Unit2 Status Leased Unit3 Monthly Rent 4000 Unit3 Status Leased Unit4 Monthly Rent 2000 Unit4 Status Leased View Territorial Water Source PublicWater Meter Waterfront Features [] Zoning Description I-G

Listing information © 2024 MLS of Central Oregon
Listing provided courtesy of eXp Realty, LLC :.

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: .2024-12-08T15:44:01.96
 
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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 eXp Realty, LLC :.