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$850,000 Just Listed

  • For Sale
  • Active
  • Commercial
  • Updated 6 days ago
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Owner Carry! Whether you're looking for a solid investment property or an owner occupied building for your business, this mixed use commercial building offers an incredible opportunity. Well maintained commercial building with large two bedroom apartment upstairs. Building currently being used by Winter's Electric has been nicely updated and features three roll up doors, reception / waiting rooms, office, kitchenette / break area, and plenty of shop / warehouse / storage. Upstairs you will find a spacious apartment complete with large outdoor deck and private entrance. Current NNN lease for commercial building is $5,500 per month and runs through April 1st 2027. According to local property management data, apartment will bring $1400 per month bringing this (pro forma) investment to a generous 9.7% cap rate! Additional adjacent .12 acre tax lot included. Schedule to tour this rare commercial opportunity today.

Full Property Details for 2937 Merriman Rd

General

  • Price: $850,000
  • Taxes: $4,389 (2025)
  • Status: Active
  • Type: Commercial
  • Source: ODS
  • MLS ID: 220225378
  • Updated: 7/16/2026
  • Added to Site: 6 day(s) ago

Interior

  • Flooring: Concrete, Laminate, Tile

Parking

  • Parking Features: Asphalt, Gravel
  • Parking: Primary Suite

Location

  • Area: 4760
  • County: Jackson

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Heat Pump
  • Heating Type: Electric, Forced Air, Heat Pump, Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Frame
  • Foundation: Slab
  • Roof: Rolled/Hot Mop
  • Common Walls: No Common Walls
  • Stories/Levels: 2
  • Square Feet: 4,760
  • Sq. Ft. Source: Assessor
  • Year Built: 1964

Lot Features

  • Lot Size (Acres): 0.55
  • Lot Size (Sq. Ft.): 23,958
  • Zoning: SFR-6

Financial Considerations

  • Price Per Sq. Ft.: $178.57
  • Tax Amount: $4,389.58
  • Tax Year: 2025
  • Terms: Cash, Conventional, Owner Will Carry

Disclosures and Reports

  • Special Conditions: Standard
  • Multiple Parcels: Yes
  • APN: 10486397
  • Section: Not Applicable

Listed by eXp Realty, LLC (888) 814-9613, Rockwell Group

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Listing agent

— 2937 Merriman Rd —

  • Rockwell Group

    eXp Realty, LLC

    888-814-9613

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 2937 Merriman Rd

School District:Medford School District 549
NameGradesDistance
Howard Elementary School, Medford, OR
286 Mace Road, Medford, OR 97501
K-50.1 mi
Mcloughlin Middle School, Medford, OR
320 West 2nd Street, Medford, OR 97501
6-82.1 mi
North Medford High School
1900 N Keene Way Dr, Medford, OR 97501
9-122.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2937 Merriman Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/16/2026
Listed
$850,000
95.4%
MLS
4/25/2019
Sold
$435,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 2937 Merriman Rd

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,731
—
$259,430
3%
2025
$3,731
2%
$251,880
3%
2024
$3,653
3%
$244,550
3%
2023
$3,541
2%
$237,430
3%
2022
$3,455
3%
$230,520
3%
2021
$3,365
5%
$223,810
6%
2019
$3,217
3%
$210,980
3%
2018
$3,134
2%
$204,840
3%
2017
$3,078
-1%
$198,880
3%
2016
$3,098
4%
$193,090
3%
2015
$2,978
2%
$187,470
3%
2014
$2,925
6%
$182,010
3%
2013
$2,761
—
$176,710
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by eXp Realty, LLC (888) 814-9613, Rockwell Group

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2937 Merriman Road, Medford, OR 97501 (MLS# 220225378) is a Commercial property. 2937 Merriman Road is currently listed for $850,000 and was received on July 16, 2026. Want to learn more about 2937 Merriman Road? Do you have questions about finding other Commercial real estate for sale in Cottage Home? You can browse all Cottage Home real estate or contact a Coldwell Banker agent to request more information.

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