Medford, OR 97504,832 Main ST
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Medford, OR 97504,832 Main ST
Medford, OR 97504,832 Main ST
Medford, OR 97504,832 Main ST
Medford, OR 97504,832 Main ST

$925,000

Est. payment /mo

$995,000

7.0%
Est.Price: ?

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832 Main ST Medford, OR 97504

10,206 SqFt

SOLD DATE : 06/23/2021

Key Details

Sold Price $925,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 10,206 sqft

Price per Sqft $90

MLS Listing ID 103012637

Sold Date 06/23/21

Year Built 1953

Annual Tax Amount $14,305

Lot Size 0.600 Acres

Acres 0.6

Lot Dimensions 0.6

Property Description

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.

Location

State OR

County Jackson

Direction From Crater Lake Avenue, turn westbound on East main Street, look for address on the left.

Interior

Heating Electric, Forced Air, Natural Gas

Cooling Central Air

Exterior

Garage Parking Lot

Roof Type Composition

Building

Entry Level One

Foundation Other

Water Public

Structure Type Brick,Frame

New Construction No

Others

Senior Community No

Tax ID 10364781

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

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Oregon Data Share
Listed by Coldwell Banker Commercial Pro West

James Kinney

Advisor | License ID: 201248718

+1(541) 410-2974

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