1236 - 1242 N Riverside Avenue

Medford, OR

Business Park for Sale - $465,000 - 2,800 Sq. Ft. on 33541 acres


Agent Info

Tom Harrison
Oregon Opportunities

Property Info

CIMLS#1088825
Location
  1236 - 1242 N Riverside Avenue
  Medford OR 97501
UpdatedJune 3rd, 2021
TypeBusiness Park
Price$465,000
Building2,800 Sq. Ft.
Land33541 acres

Contact


Property Description

PRICE REDUCED! Owner retiring! 2 office condo units (1236 and 1242) each consisting of two suites (A & B) of approximately 700 SF each, or approximately 1,400 SF each unit; (total of 2,800 SF combined suites). Each of the 4 suites has its own entry, individual restroom and kitchenette. 1236 A is leased for a 3-year term ending July 2022; 1236 B and 1242 A & B are immediately available for your occupancy or for additional lease income. Projected Net Operating Income produces a return on investment of over 7.0%. This is an excellent opportunity for an investor or owner/occupant of one of the units with investment income from the other.