1017 North Riverside, Medford, OR
Others for Sale - $675,000
Property Info
CIMLS# | 779650 |
Location 1017 North Riverside Medford OR 97501 | |
Updated | January 3rd, 2016 |
Type | Others |
Price | $675,000 |
Property Description
Single story, multi unit office building on highly visible Riverside Ave. Rare opportunity for investor with a 6% cap rate. Complex has multiple long-term tenants. Located within a 1/two mile of the Rogue Valley Mall, the traffic count is 13,300/day. 9976 divided into as many as fifteen individually leased office spaces. There is a lobby area, conference room/multipurpose, multiple client bathrooms, abundant parking and some units have private entrances from the outside. New 50 yr membrane roof, new paint, carpet and bathroom fixtures, and all new A/C units on the building. The 3 tax lots total just over half an acre. Access for disabled persons. Currently 84 % leased. Plenty of parking spaces. 15ft ceilings with acoustic tiles at 9ft. Unit 115 = 400 sq-ft currently for lease for 440.00/month all utilities included, Unit 109 approximately 295 sq. feet for lease for 330.00/month, unit 112 = 1190 square feet. 1225.00/month includes kitchenette, lobby, conference room, three offices, multiple entrance<br />
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