619 S Fir St
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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.
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 | Rentable Building Area | 10,193 SF |
Price Per SF | $152 | No. Stories | 2 |
Sale Type | Investment or Owner User | Year Built | 1989 |
Property Type | Industrial | Tenancy | Single |
Property Subtype | Warehouse | Clear Ceiling Height | 18’6” |
Building Class | B | Opportunity Zone |
Yes
|
Lot Size | 2.40 AC |
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
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Walk Score®
Very Walkable (79)
Bike Score®
Very Bikeable (87)
PROPERTY TAXES
Parcel Number | 10374632 | Improvements Assessment | $1,296,920 |
Land Assessment | $109,810 | Total Assessment | $1,406,730 |
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) |
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619 S Fir St
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