131 E Main St 30,180 SF 14% Leased Office Building Medford, OR 97501 $2,328,000 ($77.14/SF)
INVESTMENT HIGHLIGHTS
- Corner Building in Center of Downtown
- Underground Parking
- Leaseback for portion of ground floor with National tenant
- Elevator Served
EXECUTIVE SUMMARY
PRICE REDUCED!!! Corner Building Downtown, 131 East Main St., Medford, Oregon. Lease-back opportunity to purchase a classic bank building in the center of Medford Oregon’s Central Business District. Seller will leaseback a significant portion of the ground floor for a minimum of 7 years. Total 30,180 leasable sq. ft. * Partially Bank Occupied. Excellent Retail location for many types of businesses. Part of Ground Floor and Entire Second Floor Available for occupancy. Hard to Find Underground Parking. Do Not Disturb Tenants. Tour by appointment only.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Sale Leaseback
Property Type
Building Size
30,180 SF
Building Class
B
Year Built/Renovated
1968/1993
Price
$2,328,000
Price Per SF
$77.14
Percent Leased
14%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
10,060 SF
Building FAR
1.98
Lot Size
0.35 AC
Opportunity Zone
Yes
Zoning
C-1 - Downtown Office and Retail district
AMENITIES
- Banking
- Bus Line
- Central Heating
- Fully Carpeted
- Plug & Play
- Air Conditioning
1 of 1
Walk Score®
Walker's Paradise (90)
Bike Score®
Very Bikeable (86)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $4,804,340 | |
| Land Assessment | $774,740 | Total Assessment | $5,579,080 |
