2436 W Main St - Office FOR SALE


Medford, OR 97501
$1,150,000 USD
541-890-6708
2436 W Main St, Medford, OR for Sale
$1,150,000 USD
Office - FOR SALE
1/84
null | Request Cap Rate

2436 W Main St
Medford, OR 97501


OVERVIEW

Merit Commercial Real Estate is pleased to exclusively present 2436 W Main Street, a high-quality professional office building investment located in Medford, Oregon (the "Subject" or "Property"). Positioned on a corner lot with ±80' of roadway frontage on the high-traffic West Main Street, the Subject enjoys significant visibility from traffic to and from Jacksonville and all of Medford. The asset itself is an extremely high quality, meticulously maintained modern professional office building, which is an extremely rare combination in today's market. Suitable for investors or owner-users, the Subject is currently in an unique position; the existing tenant's lease is currently set to expire in early 2027, opening the door for an user to purchase and occupy the building for their own uses, or for an investor to capitalize and own an asset that sets the local high water mark for quality. While there may be a high chance for a renewal, listing broker nor seller does not guarantee a lease renewal at any rates. Buyer to complete all due diligence regarding lease terms, renewals, etc. Inside, the interior layout maximizes every square foot, starting with the grand and bright public entry, waiting area, and reception. The stunningly nice board room is accessed following the aquarium and kitchenette, and leads to a connecting hallway to the total of 14 fully private offices and 3 restrooms throughout the building. Additionally, a well-appointed breakroom leads to a private fenced sitting area in the backyard (more floor plan info available on page 9). Outside, the Property is situated on a 0.25 acre parcel and benefits from 18 designated parking spaces with 2 ADA compliant spaces. Access is convenient with one shared full-movement driveway off of W Main Street. The area surrounding the Property is rapidly developing and features a well-established commercial corridor with various businesses and operations including a grocery-anchored neighborhood shopping center, high-quality office and retail, significant multifamily and townhome SFR development projects, and residential, all within a one block area. The Property also benefits from strong accessibility and visibility. Monument signage is located on the southern end of the building fronting W Main Street. The opportunity at 2436 W Main Street is clear for prospective buyers. Buyer is responsible for any and all due diligence. Contact the listing brokers today for additional information.

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$271 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

C-H

APN/PARCEL ID

10977418

ASK ABOUT THIS PROPERTY

Scott KingMerit Commercial Real Estate LLCMore Info
541-890-6708

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Scott KingMerit Commercial Real Estate LLCMore Info
541-890-6708

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.