1 Main StMedford, OR 97501

Property Details for 1 Main St

Lot size

0.06 AC

Property size (Sq ft)

2,762 SF

Zone code

C-C

Property type

Office properties

APN

1-1000924

APU

11000924

Description

This exceptional Class A office space, totaling 30,964 square feet, presents a unique opportunity in Medford's vibrant Central Business District. Located on the second floor of the prestigious One West Main Building, this single-tenant property boasts a prime location and is available for lease or sale starting December 2024. The space is currently configured as a blend of finished and furnished office space (19,016 sq ft) and cold shell space (9,972 sq ft), along with 1,976 sq ft of common areas and restrooms. Previously occupied by ProCare Software as their corporate headquarters, this meticulously maintained space is ready for immediate occupancy. The building itself is a testament to modern design and functionality, also housing Pacific Retirement Services and Rogue Disposal on upper floors. The property includes convenient access to a private parking garage with over 100 covered parking spaces, ensuring ample parking for employees and visitors. The property sits on a 0.71-acre lot and features elevators, making it easily accessible. Zoned C-C/Central Business District, this property offers unparalleled convenience and prestige. Built in 2014, this building represents a modern and efficient workspace, ideal for a large corporate headquarters or a company seeking a significant presence in Medford's thriving downtown area. The APN is 11000934.

• CAP approach

  CAP return

  Valuation

  6%

  $544,360

  6.5%

  $502,487

  7%

  $466,595

• Comparable approach

  Method

  Valuation

  Relative Method

  $707,707

  Geo Method

  $707,707

• Alternative Use

  Use

  Valuation

  Residential

  $623,083

  Hospitality

  $570,741

  Educational

  $474,850

  Medical

  $491,181

  Retail

  $738,655

Location Insight

City

Medford

County

Jackson

State

Oregon

Latitude

42.3255

Longitude

-122.874

CBSA code

32780

CBSA name

MEDFORD, OR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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