East Medford area near many other professional offices.
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 Type
Office
- Year Built
1953
- Total Building Size
10,206RSF
- Total Acres
0.6
- Number of Floors
1
- Zoning
C-S/P
- Property ID
2156935
