1105 Riverside AveMedford, OR 97501

For Sale
$100,000
Profitable Music Business, Huge Potential

Overview

Added:
Dec 11, 2024
Days on market:
126
This well-established Medford, Oregon music store, operating since 1975, offers a unique opportunity for a buyer. The 9,120 square foot property includes a sales floor, a leasable concert room (964 sq ft), offices, and substantial storage (3,078 sq ft). The business has consistently shown year-over-year profitability, weathering economic downturns. Currently operating as a traditional brick-and-mortar store, significant upside potential exists by expanding into online sales, optimizing inventory, or subleasing excess space. The current owner is ready for retirement, presenting a chance to acquire a proven business with a long history in the Rogue Valley. The property is located at 1105 N Riverside Ave, Medford, OR 97501, and includes 7 parking spaces. The lease commenced January 24, 1975, and is a gross lease with a credit-rated tenant. Financial details are available upon request after a non-disclosure agreement is signed. The business is classified as a Class B property and is a single-tenant occupancy. The asking price is $100,000. A consultation period with the current owner is available. Buyer to complete due diligence.

Highlights

  • Established in 1975, Tom's Guitars is a well-established music store in Medford, Oregon.
  • This profitable business has consistently generated year-over-year profits, weathering various economic challenges.
  • The 9,120 square foot property includes a sales floor, a leasable concert room, offices, and substantial storage space.
  • Significant upside potential exists through online sales expansion, inventory optimization, and subleasing of excess space.
  • The asking price is $100,000.

Property Details for 1105 Riverside Ave

Property type
Commercial real estate
Class
B
Units
1

Location Insight

City
Medford
County
Jackson
State
Oregon
Latitude
42.336818931538
Longitude
-122.87540442493
1105 Riverside Ave, Medford, Oregon

FAQs

What type of property is this?
Commercial real estate - Profitable Music Business, Huge Potential
Where is the commercial real estate located?
The property is located at 1105 Riverside Ave Medford, OR.
What is the asking price?
The asking price for this property is $100,000.
What are key features of this property?
This property features: Established in 1975, Tom's Guitars is a well-established music store in Medford, Oregon.; This profitable business has consistently generated year-over-year profits, weathering various economic challenges.; The 9,120 square foot property includes a sales floor, a leasable concert room, offices, and substantial storage space.
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1105 Riverside Ave
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