226 Ross LnMedford, OR 97501

Property Details for 226 Ross Ln

Lot size

1.75 AC

Property size (Sq ft)

16,137 SF

Zone code

C-C

Property type

Commercial real estate

APN

1-0430293

APU

10430293

Description

This exceptional 16,137-square-foot medical office building in West Medford presents a unique investment opportunity. Originally constructed in 1994 as a Moose Lodge and later used as a child development center, the single-tenant property sits on a 1.75-acre lot and boasts 40 parking spaces. The building features a well-preserved commercial kitchen and ballroom, remnants of its previous uses, offering significant potential for adaptive reuse. The existing structure is well-suited for modification to a more retail-oriented façade, catering to a variety of medical or related businesses. The landlord is open to providing tenant improvement allowances, amortized into the monthly rent, to facilitate a smooth transition for a qualified tenant. The asking rent is $19,500 per month, on a triple-net (NNN) lease with a minimum initial term of five years. The property's location in a high-traffic commercial area ensures excellent visibility and accessibility. The property's APN is 1-0430293, located in Jackson County. Landlord approval of tenant and intended use is required. This is a rare chance to acquire a versatile property with substantial existing amenities in a prime West Medford location.

• Alternative Use

  Use

  Valuation

  Residential

  $3,640,330

  Hospitality

  $3,334,522

  Educational

  $2,774,284

  Medical

  $2,869,695

  Retail

  $4,315,552

Location Insight

City

Medford

County

Jackson

State

Oregon

Latitude

42.3262

Longitude

-122.898

CBSA code

32780

CBSA name

MEDFORD, OR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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