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1813 W Harvard Ave
Roseburg, OR 97471
Harvard Medical Park · Office Property For Sale
Investment Highlights
- Value-Add Investment – The Property is currently 85% occupied with the ownership group signing 13 new leases in 2024
- Historical Occupancy – 41% of the GLA has occupied the premises for over 10 years
- Seller Financing - Favorable seller financing terms offer an investor a strong cash-on-cash return north of 12%
- Location – Located directly off the I-5 freeway on Harvard Ave. The Property is just two miles south of the region’s major hospital system, Chi Mercy
- Low Competition – Located in a market with low 5% medical office vacancy rate and no new medical office space under construction or delivered recently
Property Facts
Property Type
Office
Property Subtype
Medical
Building Size
15,900 SF
Building Class
B
Year Built
1965
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
15,900 SF
Building FAR
0.44
Lot Size
0.84 AC
Zoning
Professional Office - Professional Office (PO)
Parking
466 Spaces (4.91 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
Property Taxes
| Parcel Number | R19801 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $550,627 |
Property Taxes
Parcel Number
R19801
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$550,627
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