1105 Riverside AveMedford, OR 97501

Property Details for 1105 Riverside Ave

Lot size

0.27 AC

Property size (Sq ft)

8,772 SF

Zone code

C-C

Property type

Commercial real estate

APN

1-0387447

APU

10387447

Description

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.

• Alternative Use

  Use

  Valuation

  Residential

  $1,978,888

  Hospitality

  $1,812,651

  Educational

  $1,508,104

  Medical

  $1,559,970

  Retail

  $2,345,940

Location Insight

City

Medford

County

Jackson

State

Oregon

Latitude

42.337

Longitude

-122.876

CBSA code

32780

CBSA name

MEDFORD, OR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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