328 S Central Avenue, Medford, OR

$1,100,000

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8,008

Square feet

0.23

Acres

About 328 S Central Avenue

$$$Money Maker$$$ This is a prime opportunity to invest with a PGI of over $130K per year and great cap rate at 7.45%. This attractive, well-maintained 8008 square foot building is currently configured to accommodate 25 small businesses at affordable rental rates that keep the building full. The current mix of tenants range from small practice medical & medical billing to construction companies. The solid concrete block, 2 level building is located in a business district & has great visibility with an average traffic volume of 12,000+ cars per day. The building has 15 parking spaces and abundant street parking alongside. ***Owner terms available*** for qualified buyer with good down payment. Small office spaces are desirable, making this a great investment.

Features of 328 S Central Avenue

MLS® # 220169942
Price $1,100,000
Square Footage 8,008
Square Footage 8008.00
Acres 0.23
Year Built 1955
Type Commercial Sale
Status Active

Community Information

Address 328 S Central Avenue
City Medford
County Jackson
State OR
Zip Code 97501

Amenities

Parking Spaces 15
Parking Asphalt, Parking Lot, Alley Access, On Street
Is Waterfront No

Interior

Heating Natural Gas, Forced Air
Cooling Central Air
Stories Two
Has Basement No

Exterior

Lot Description 2800
Roof Built-Up, Composition
Construction Frame, Block, Concrete
Foundation Slab

Additional Information

Date Listed August 18th, 2023
Days on Market 275
Zoning C-C
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeWindermere Van Vleet & Assoc2

Listing Map

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