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1017 N Riverside Avenue, Medford, OR 97501
$1,100,000
1017 N Riverside Avenue, Medford, OR 97501View this property at 1017 N Riverside Avenue, Medford, OR 97501
1017 N Riverside AvenueMedfordOR97501
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Property Description
Investor special! Multi unit office building on highly visible Riverside Ave with an NOI of $76,126 (6.34% Cap Rate). Located in the Tax Advantage Opportunity Zone and within a 1/2 mile of the Rogue Valley Mall, the traffic count is 14,600/day. Close to 10,000 square feet is divided into as many as 15 individually leased office spaces which provides a great tenant mix, many of which are long term. Includes a lobby area, multiple entrances, conference room/multipurpose, multiple client bathrooms, abundant parking and some units have private entrances from the outside. Recent updates include a 50 year membrane roof, paint, carpet, bathroom fixtures, and AC units on the building. Handicap/ADA accessible with 40 parking spaces. 15 Foot ceilings with acoustic tiles at 9 feet. Schedule a tour today! Buyer to do their own due diligence on all aspects of the property.
Full Property Details
Full Property Details for 1017 N Riverside Ave
General
- Sold For: $1,100,000
- Taxes: $12,319 (2022)
- Status: Closed
- Type: Commercial
- MLS ID: 220172429
- Added to Site: 243 day(s) ago
Interior
- Flooring: Carpet, Concrete
Parking
- Total Spaces: 40
- Parking: Concrete
Location
- Area: 9976
- County: Jackson
- Subdivision: Kendall Addition
- Cross Streets: Liberty
- Driving Directions: Barnett to Riverside North. Located on the corner of Liberty and Riverside.
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Forced Air, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Public Utilities
Structural Information
- Construction: Brick, Frame
- Basement Desc.: None
- Foundation: Slab
- Roof: Membrane
- Common Walls: No Common Walls
- Square Feet: 9,976
- Sq. Ft. Source: Assessor
Lot Features
- Lot Size (Acres): 0.28
- Lot Size (Sq. Ft.): 12,197
- Lot Dimensions: 372W24DA 600
- Zoning: C-C
Financial Considerations
- Price Per Sq. Ft.: $120
- Tax Amount: $12,319.4
- Tax Year: 2022
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- APN: 1-0387470
- Section: Not Applicable
Listed by Ford Real Estate (541) 773-2088, John Ford (541) 227-3552
Sold by RE/MAX Platinum (541) 734-5500, Saul J Stearns
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Schools
Schools serving 1017 N Riverside Ave
School District:Medford School District
Rating | Name | Grades | Distance |
---|---|---|---|
1400 Johnson St, Medford, OR 97504 | K-6 | 0.8 mi | |
1501 E Jackson St, Medford, OR 97504 | 7-8 | 1.2 mi | |
1900 N Keene Way Dr, Medford, OR 97504 | 9-12 | 1.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1017 N Riverside Ave
Date
Details
Price
Change
Source
4/10/2024
Sold
$1,100,000
-8.33%
MLS
10/10/2023
Listed
$1,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1017 N Riverside Avenue, Medford, OR 97501 (MLS# 220172429) is a Commercial property that was sold at $1,100,000 on April 10, 2024. Want to learn more about 1017 N Riverside Avenue? Do you have questions about finding other Commercial real estate for sale in Medford? You can browse all Medford real estate or contact a Coldwell Banker agent to request more information.