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619 S Fir St

10,193 SF Industrial Building Medford, OR 97501 $1,550,000 ($152/SF)

Executive Summary

Merit Commercial Real Estate is pleased to exclusively present 619 S. Fir Street, a rare public offering of a flex cold storage warehouse in beautiful Medford, Oregon (the "Site"). 619 S. Fir Street is the best of only 3 publicly available functioning cold-storage facilities in the region, and is an attainable property for a buyer looking to step into a mid-sized flex warehouse and office.
Sited on an infill 0.93 acre lot, there are currently two buildings, with the rear mixed-use building ("Building 1") featuring 10,893 SF of warehouse, cold storage, and office space. The front building ("Building 2"), has ± 9,012 SF, with condition and layout unknown.
The property enjoys an easily accessible, central location near downtown Medford. Compared to most industrial warehousing in the Rogue Valley, 619 S. Fir Street is only 5 minutes or 1.8 miles to direct North or South I-5 access, as well as being within 10 minutes of both Lowe's and Home Depot.
Accessed by two left/right private driveways off of S. Fir Street, the property has ample parking and storage space, which could be expanded by demolishing Building 2.
Building 1 features a clear-span ± 4,200 SF dry storage warehouse, with 18.5' clear height as well as a grade-level mid-sized overhead door, and a 3' concrete dock with smaller overhead door (dock access currently covered by open-air engine room). The dry warehouse space leads directly to the two, 1,650 SF insulated cold storage spaces, both with large, heated sliding doors. The first enclosed cold storage space is available as chilled space only (25° min.), and the 2nd is available as either chilled or frozen storage (-5° min.) There is significant additional square footage of a prior lab/R&D space and conventional office suites, conference rooms, and storage.
Directly facing N. Fir Street, the historic Building 2 is assumed to have no value, and is included at no cost. Seller makes no representations as to its condition, and Buyer must assume the building in its as-is, where-is condition.
The opportunity is clear at 619 S. Fir Street for an entrepreneurial buyer to operate a quality distribution, cold storage, office, and R&D space all under one roof in a central location. Buyer is responsible for any and all due diligence, including environmental, licensing, use, legality, and all other items.

Property Facts

Price $1,550,000
Price Per SF $152
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 2.40 AC
Rentable Building Area 10,193 SF
No. Stories 2
Year Built 1989
Tenancy Single
Clear Ceiling Height 18’6”
Opportunity Zone Yes

Amenities

  • 24 Hour Access
  • Bio-Tech/ Lab Space
  • Cooler
  • Fenced Lot
  • Freezer (Space)
  • Yard
  • Storage Space
Walk Score®
Very Walkable (79)
Bike Score®
Very Bikeable (87)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
10374632
Land Assessment
$109,810
Improvements Assessment
$1,296,920
Total Assessment
$1,406,730

zoning

Zoning Code I-G (General Industrial)
I-G (General Industrial)
  • Listing ID: 33662566

  • Date on Market: 10/28/2024

  • Last Updated:

  • Address: 619 S Fir St, Medford, OR 97501

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