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8211 15th St 9,000 SF Industrial Building Medford, OR 97503 $1,250,000 ($138.89/SF)
EXECUTIVE SUMMARY
8211 15th Street is an iconic property with a storied history and a variety of uses. A unique warehouse in a great location, the facility offers a compelling value for a turn-key storage or distribution solution.
While originally constructed in 1941 using exceptionally strong building methods, the building underwent a to-the-studs renovation in the recent years and was essentially rebuilt.
Featuring a unique floor system with 4" thick mass timber flooring above a crawlspace, the building's usability has been improved with all new floor joists, mud sill, vapor barrier, reframed walls, and strengthened floor supports.
Additionally, the warehouse enjoys a brand-new roof, new transformer and all new wiring, plumbing modernization, new metal siding, rain gutters, windows, and vent fans.
There are multiple easy-to-use access points, including a large drive-in roll-up overhead door (large concrete ramp installed), as well as another dock-high roll-up overhead door built for forklift or pallet jack use, in addition to the secure front door.
Outside, there is a ± 0.3 acre flat, gravel parking/storage area with easy access from both 15th Street and Avenue F. The railroad also runs adjacent to the property (buyer to confirm ability to add a spur). There are several large areas for signage and strong corner visibility, as well as very easy customer access in front of the building.
The interior features an open dry flex space with 13'8" clear height and timber posts only on the perimeter of the usable space. There is also a large breakroom with a kitchen, private bathroom, and a flex office space supporting the use of the building.
The opportunity at 8211 15th Street is clear to invest in and operate a turn-key, completely remodeled, centrally-located historical flex warehouse in growing White City - all located within a federal Opportunity Zone.
Buyer is responsible for any and all due diligence, including environmental, licensing, use, legality, and all other items.
PROPERTY FACTS
| Price | $1,250,000 | Lot Size | 0.62 AC |
| Price Per SF | $138.89 | Rentable Building Area | 9,000 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Sale Condition | 1031 Exchange | Year Built | 1941 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Ratio | 5.56/1,000 SF |
| Building Class | B | Opportunity Zone |
Yes
|
| Zoning | GI - General Industrial | ||
| Price | $1,250,000 |
| Price Per SF | $138.89 |
| Sale Type | Investment or Owner User |
| Sale Condition | 1031 Exchange |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 0.62 AC |
| Rentable Building Area | 9,000 SF |
| No. Stories | 1 |
| Year Built | 1941 |
| Tenancy | Single |
| Parking Ratio | 5.56/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | GI - General Industrial |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Merit Commercial Real Estate is pleased to exclusively present for sale or lease 8211 15th Street, a usable and unique flex warehouse located in White City, Oregon. 8211 15th Street is an iconic property with a storied history and a variety of uses. A unique warehouse in a great location, the facility offers a compelling value for a turn-key storage or distribution solution. While originally constructed in 1941 using exceptionally strong building methods, the building underwent a to-the-studs renovation in the recent years and was essentially rebuilt. Featuring a unique floor system with 4" thick mass timber flooring above a crawlspace, the building's usability has been improved with all new floor joists, mud sill, vapor barrier, reframed walls, and strengthened floor supports. Additionally, the warehouse enjoys a brand-new roof, new transformer and all new wiring, plumbing modernization, new metal siding, rain gutters, windows, and vent fans. There are multiple easy-to-use access points, including a large drive-in roll-up overhead door (large concrete ramp installed), as well as another dock-high roll-up overhead door built for forklift or pallet jack use, in addition to the secure front door. Outside, there is a ± 0.3 acre flat, gravel parking/storage area with easy access from both 15th Street and Avenue F. The railroad also runs adjacent to the property (buyer to confirm ability to add a spur). There are several large areas for signage and strong corner visibility, as well as very easy customer access in front of the building. The interior features an open dry flex space with 13'8" clear height and timber posts only on the perimeter of the usable space. There is also a large breakroom with a kitchen, private bathroom, and a flex office space supporting the use of the building. The opportunity at 8211 15th Street is clear to invest in and operate a turn-key, completely remodeled, centrally-located historical flex warehouse in growing White City - all located within a federal Opportunity Zone. Buyer is responsible for any and all due diligence, including environmental, licensing, use, legality, and all other items.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 9,000 SF | Industrial | Partial Build-Out | Now |
1st Floor
| Size |
| 9,000 SF |
| Space Use |
| Industrial |
| Condition |
| Partial Build-Out |
| Available |
| Now |
1st Floor
| Size | 9,000 SF |
| Space Use | Industrial |
| Condition | Partial Build-Out |
| Available | Now |
Merit Commercial Real Estate is pleased to exclusively present for sale or lease 8211 15th Street, a usable and unique flex warehouse located in White City, Oregon. 8211 15th Street is an iconic property with a storied history and a variety of uses. A unique warehouse in a great location, the facility offers a compelling value for a turn-key storage or distribution solution. While originally constructed in 1941 using exceptionally strong building methods, the building underwent a to-the-studs renovation in the recent years and was essentially rebuilt. Featuring a unique floor system with 4" thick mass timber flooring above a crawlspace, the building's usability has been improved with all new floor joists, mud sill, vapor barrier, reframed walls, and strengthened floor supports. Additionally, the warehouse enjoys a brand-new roof, new transformer and all new wiring, plumbing modernization, new metal siding, rain gutters, windows, and vent fans. There are multiple easy-to-use access points, including a large drive-in roll-up overhead door (large concrete ramp installed), as well as another dock-high roll-up overhead door built for forklift or pallet jack use, in addition to the secure front door. Outside, there is a ± 0.3 acre flat, gravel parking/storage area with easy access from both 15th Street and Avenue F. The railroad also runs adjacent to the property (buyer to confirm ability to add a spur). There are several large areas for signage and strong corner visibility, as well as very easy customer access in front of the building. The interior features an open dry flex space with 13'8" clear height and timber posts only on the perimeter of the usable space. There is also a large breakroom with a kitchen, private bathroom, and a flex office space supporting the use of the building. The opportunity at 8211 15th Street is clear to invest in and operate a turn-key, completely remodeled, centrally-located historical flex warehouse in growing White City - all located within a federal Opportunity Zone. Buyer is responsible for any and all due diligence, including environmental, licensing, use, legality, and all other items.
PROPERTY TAXES
| Parcel Number | 10715690 | Improvements Assessment | $24,480 |
| Land Assessment | $46,550 | Total Assessment | $71,030 |
PROPERTY TAXES
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8211 15th St
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