Property Listing No Longer Available for Sale

1017 North Riverside, Medford, OR

Others for Sale - $675,000


Property Info

CIMLS#779650
Location
  1017 North Riverside
  Medford OR 97501
UpdatedJanuary 3rd, 2016
TypeOthers
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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View Full Listing: <a href="http://realestate.oodle.com/j_a2xx_/3855996510-20181u566,174-0F2BE7D5FDE3/realestate.oodle.com___J4kU0t6PxYtkawkqbThWfsD0uw2YdD0g1fZNJIf3zN_RilxaaAzYbMxSWCFjCBrnW0xnosu1a4iBBcQq00faKnpri6U3ezFoDbaunFw_OcmAwb0P8DZDTvvbcph01QuA" rel="nofollow">here</a>


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