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    832 E Main Street

    Medford, OR 97504
    • $1,010,000
    • STATUS: Active
    • ON SITE: 156 days
    • MLS #: 103012637
    UPDATED: 57 min ago
    $1,010,000
    • 0
      BEDS
    • 0.6
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 10,206
      SQFT
    • $99
      $/SQFT
    Type:
    Commercial
    Built:
    1953
    County:
    Area:

    School Ratings & Info


    Listing courtesy of Coldwell Banker Commercial Nfre.

    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.

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    © 2020 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 Berkshire Hathaway HomeServices Northwest Real Estate 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 Berkshire Hathaway HomeServices Northwest Real Estate. Data last updated: .2020-10-01T13:45:04.303
    www.bendsunriverhomesforsale.com/homes/105348731
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    832 E Main Street Medford, OR 97504

    • Price: $1,010,000
    • Status: Active
    • Updated: 57 min ago
    • MLS #: 103012637
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.6
    Acres
    10,206
    SQFT
    $99
    $/SQFT
    1953
    Built
    County:
    Jackson
    Area:
    Medford
    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.
    Exterior Features

    Construction Materials BrickFrame Foundation Details Other Levels One Parking Details Numberof Parking Spaces 44 Parking Details Parking Yes Parking Features Parking Lot Roof Composition

    Interior Features

    Additional Features Living Area in BuildingOffice Space Cooling Central Air Flooring Other Heating ElectricForced AirNatural Gas Unit1 Square Footage 10206.00

    Property Features

    Additional Parcels YN No Business Type DentalFinancialFitnessIncome/InvestmentMedicalOtherProfessional ServiceProfessional/OfficeResearch & DevelopmentRestaurantRetailShopping CenterTravel CCAnd Rs YN No Cross Street Crater Lake Avenue FIRPTAYN No Government Overlay Enterprise Zone Incomeand Expenses Annual Amounts Cap Rate Basi Proforma Incomeand Expenses Annual Amounts Cap Rate Perc 6.70 Incomeand Expenses Annual Amounts Net Operatin 67904.00 Listing Terms CashConventional Miscellaneous Information Total Building NRA 10206 New Construction YN No Power Production None Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 14305.50 Tax Year 2019 Unit1 Monthly Rent 10436.83 Unit1 Tenant Name Various Zoning C-S/P

    Listing information © 2020 MLS of Central Oregon
    Listing provided courtesy of Coldwell Banker Commercial Nfre.

    © 2020 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 Berkshire Hathaway HomeServices Northwest Real Estate 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 Berkshire Hathaway HomeServices Northwest Real Estate. Data last updated: .2020-10-01T13:45:04.303
     
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    Berkshire Hathaway HomeServices Northwest Real Estate
    404 SW Columbia #110
    Bend OR, 97702

    Listing courtesy of Coldwell Banker Commercial Nfre.