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$2,050,000 Just Listed

  • For Sale
  • Active
  • Commercial
  • Updated 1 day ago
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Exclusively presented for sale - 3156 State Street, a high-quality, fully-leased, income producing medical office building located in east Medford, Oregon (the ''Property''). Fully leased through 2030 with options to Complete Care, the asset is ideal for investors seeking day-one yield in a high-quality asset in the right location. The building itself is extremely efficiently designed and prominently positioned in Alderwood Office Park, a majority medical-focused PUD near the largest hospital in the region. Inside, patients enter into a bright and modern interior, with two fully built out floors and a finished storage attic above. Featuring two large reception areas, 16 exam rooms, many private offices and workstations, restrooms, passenger elevator, large break room w/ balcony, procedure rooms, and much, much more, the layout is ideal for the existing tenant and highly flexible for other medical users, if ever needed. See attached documents and/or contact brokers for more info.

Full Property Details for 3156 State St

General

  • Price: $2,050,000
  • Taxes: $20,327 (2026)
  • Status: Active
  • Type: Commercial
  • Source: ODS
  • MLS ID: 220222602
  • Updated: 6/3/2026
  • Added to Site: 1 day(s) ago

Interior

  • Flooring: Carpet, Vinyl

Parking

  • Total Spaces: 40
  • Parking Features: Asphalt, On Street, Parking Lot
  • Parking: Primary Suite

Location

  • Area: 7497
  • County: Jackson

Heating & Cooling

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

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Frame
  • Foundation: Concrete Perimeter
  • Roof: Membrane, Metal
  • Common Walls: No Common Walls
  • Stories/Levels: 3
  • Square Feet: 7,497
  • Sq. Ft. Source: Other
  • Year Built: 2006

Lot Features

  • Lot Size (Acres): 0.11
  • Lot Size (Sq. Ft.): 4,792
  • Zoning: MFR-20

Financial Considerations

  • Price Per Sq. Ft.: $273.44
  • Tax Amount: $20,327
  • Tax Year: 2026
  • Terms: Cash, Conventional

Disclosures and Reports

  • Special Conditions: Standard
  • Exclusions: All tenant personal property.
  • APN: 10979148
  • Section: Not Applicable

Listed by Merit Commercial RE, LLC (541) 608-6704, Caspian C Hoehne and Merit Commercial RE, LLC (541) 608-6704, Scott N King (541) 890-6708

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Listing agents

— 3156 State St —

  • Caspian C Hoehne

    Merit Commercial RE, LLC

    541-608-6704

  • Scott N King

    Merit Commercial RE, LLC

    541-608-6704

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with our affiliated lender
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 3156 State St

School District:Phoenix-Talent School District 4
NameGradesDistance
Orchard Hill Elementary School
1011 La Loma Drive, Medford, OR 97504
K-50.4 mi
Talent Middle School
102 Christian Avenue, Talent, OR 97540
6-85.4 mi
Phoenix High School
745 North Rose Street, Phoenix, OR 97535
9-122.6 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 3156 State St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/03/2026
Listed
$2,050,000
9.63%
MLS
10/31/2013
Sold
$1,870,000
—
Public Record
Get Price Alerts and Save Property
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 3156 State St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$20,327
2%
$1,366,310
3%
2024
$19,855
3%
$1,326,520
3%
2023
$19,228
3%
$1,287,890
3%
2022
$18,722
2%
$1,250,380
3%
2021
$18,285
114%
$1,213,970
115%
2016
$8,538
4%
$563,930
3%
2015
$8,209
4%
$547,510
3%
2014
$7,891
-4%
$531,570
-7%
2013
$8,238
—
$573,320
—
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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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Merit Commercial RE, LLC (541) 608-6704, Caspian C Hoehne and Merit Commercial RE, LLC (541) 608-6704, Scott N King (541) 890-6708

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3156 State Street, Medford, OR 97504 (MLS# 220222602) is a Commercial property. 3156 State Street is currently listed for $2,050,000 and was received on June 03, 2026. Want to learn more about 3156 State Street? 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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