305 Grape StMedford, OR 97501

Property Details for 305 Grape St

Lot size

0.11 AC

Property size (Sq ft)

1,012 SF

Zone code

MFR-20

Property type

Bed & breakfasts

APN

1-0393498

APU

10393498

Description

This stunning 1,012 square foot Class A office space, located in the heart of Medford, is a beautifully renovated Victorian home. Originally built in 1895 and completely remodeled in 2023, this single-tenant property boasts four elegant rooms, a kitchen, and a bathroom. The interior features exquisite craftsmanship, including tall 16-foot ceilings and classical molding, complemented by modern updates to the electrical and plumbing systems. The property sits on a 0.11-acre lot (4,792 sq ft) and includes two parking spaces. Its prime location offers easy access to downtown Medford, with nearby established businesses and regular police patrols. The property is zoned CMSC (Jackson County APN: 10393498). Note that the detached garage is under renovation and the exterior access basement is for lessor storage only. The lease is a modified gross lease, with utilities paid by the tenant. This unique property requires adherence to historic preservation guidelines. A truly exceptional opportunity to combine historic charm with modern functionality.

• CAP approach

  CAP return

  Valuation

  6%

  $226,546

  6.5%

  $209,120

  7%

  $194,183

• Comparable approach

  Method

  Valuation

  Relative Method

  $609,366

  Geo Method

  $609,366

• Alternative Use

  Use

  Valuation

  Residential

  $228,298

  Hospitality

  $209,120

  Educational

  $173,985

  Medical

  $179,969

  Retail

  $270,644

Location Insight

City

Medford

County

Jackson

State

Oregon

Latitude

42.3275

Longitude

-122.878

CBSA code

32780

CBSA name

MEDFORD, OR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].