715 S Grape St 29,708 SF Industrial Building Medford, OR 97501 $1,875,000 ($63.11/SF)

Merit Commercial Real Estate is pleased to exclusively present 715 S Grape Street, a centrally located industrial asset in Medford, Oregon (the "Subject").
Prospective buyers should note that the Subject could be purchased with the adjacent parcel to the south, addressed as 725 S Grape Street, which includes two additional warehouse bays, fenced yard space with exterior dock loading and much more.
The Subject is situated on a 1.05 acre parcel and includes a ±29,708 SF industrial tilt-up concrete building with a two clear-span warehouse bays.
The first bay includes two overhead doors with (1) 15'x12' interior OH door leading to a bay belonging to the adjacent property (adjacent building also available) and (1) 12'x12' interior OH door leading to the Bay 2, allowing for easy access between the two distinct portions of the Subject. Bay 2 features (1) 12'x12' interior OH door and a large 17'x18' dock door with dock height concrete loading area located on the northern end of the building.
Outside, the Subject benefits from a balanced mix of accessible warehouse and loading area. The Property also includes several marked parking stalls located on the northern side of the Property. A railroad connector is located directly adjacent to northeast wall; the Subject is believed to previously have a rail spur; buyer to verify possibility of any rail connection for operational uses. The Subject's infrastructure and systems are suitable for a wide variety of general industrial uses. The building appears to be equipped with strong three-phase power; exact amperage and existing power supply is not yet verified.
The location of the Subject supports strong connectivity and is strategically located in central Medford. The Property is a short 5-minute or 1.5 mile drive to Interstate-5 access. The Subject itself enjoys 3 unimpeded full-movement driveways off of S Fir Street and Monroe Street making the facility a desirable distribution location.
The immediately surrounding area is a long-standing industrial and commercial focused district, which historically incubated large agricultural and industrial businesses.
Prospective buyers should note that the Subject is located within a federal Opportunity Zone, offering potentially significant tax advantages.
The opportunity at 715 S Grape Street is clear for prospective buyers. Buyer is responsible for any and all due diligence. Contact the listing brokers today for additional information.