For Sale
$3,490,000
117 Central Ave Medford, OR 97501
39,435 SF Creative Office, Opportunity Zone
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 127
Highlights
- 39,435 SF creative office building in Medford, OR, ideal for redevelopment.
- Three-story Class B building on a 0.28-acre lot (APN 1-037016-7), built in 1928, renovated in 2002.
- Currently vacant, offering adaptive reuse potential; features full basement and mezzanine.
- Zoned for community commercial use; completed seismic upgrade.
- Asking price: $3,490,000 ($88.50/SF); Pro-forma NOI: $360,000; Pro-forma Cap Rate: 10.32%.
- Located at 117 S Central Ave, Medford, OR 97501, in a Federal Opportunity Zone; NNN lease.
Property Details for 117 Central Ave
- Property type
- Office properties, Office space
- Square Feet
- 39,435 SF
- Class
- B
- Year Built/Renovated
- 1928/2002
- Buildings
- 1
- Stories
- 3
- Lot Size (sq. ft)
- 12,197 SF
Location Insight
- City
- Medford
- County
- Jackson
- State
- Oregon
- Latitude
- 42.325646788577
- Longitude
- -122.87098798671
117 Central Ave, Medford, Oregon
Nearby Similar for Sale
FAQs
- What type of property is this?
- Office property - 39,435 SF Creative Office, Opportunity Zone
- Where is the office property located?
- The property is located at 117 Central Ave Medford, OR.
- What is the asking price?
- The asking price for this property is $3,490,000.
- What are key features of this property?
- This property features: 39,435 SF creative office building in Medford, OR, ideal for redevelopment.; Three-story Class B building on a 0.28-acre lot (APN 1-037016-7), built in 1928, renovated in 2002.; Currently vacant, offering adaptive reuse potential; features full basement and mezzanine.
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