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832 E Main St
Medford, OR 97504
Medical Dental Bldg · Office Property For Sale

INVESTMENT HIGHLIGHTS

  • busy Main Street setting in office park
  • good visibility and exposure
  • excellent parking ratio
  • Medical/Office building with 6.7% capitalization rate on scheduled income

PROPERTY FACTS

Property Type
Office
Property Subtype
Medical
Building Size
10,206 SF
Building Class
B
Year Built
1954
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
10,206 SF
Building FAR
0.39
Lot Size
0.60 AC
Zoning
CSP - commercial service and professional use, with limited retail
Parking
44 Spaces (4.31 Spaces per 1,000 SF Leased)

AMENITIES

  • Bus Line
  • Signage
  • Central Heating
  • Partitioned Offices
  • Air Conditioning

ABOUT 832 E MAIN ST , MEDFORD, OR 97504

6.7% Cap Rate – Medical/Office Building. This is a private investment sale with a 12-unit office building with one residential apartment in the back. It has an excellent rental history due to low rents and one current vacancy that needs to be remodeled. The property is professionally managed. The parking ratio is excellent, the exposure is on busy East Main Street and many suites have been remodeled, with some long term leases. The property is well maintained and a great investment with upward potential, as the rent average is below market, due to long-term tenants. The reason for the sale is the owner has passed away and the estate desires to liquidate the property to pay estate taxes and costs. One of the estate beneficiaries is a licensed active Oregon Real Estate Broker.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
10364781
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,189,630
  • Listing ID: 19302976

  • Date on Market: 4/22/2020

  • Last Updated:

  • Address: 832 E Main St, Medford, OR 97504

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