319 S Ivy St - Office/Residential FOR SALE


Medford, OR 97501
$354,400 USD
541-944-9967
319 S Ivy St, Medford, OR for Sale
$354,400 USD
Office/Residential - FOR SALE
1/39
null | Request Cap Rate

319 S Ivy St
Medford, OR 97501


OVERVIEW

Merit Commercial Real Estate is pleased to exclusively present for sale 319 S Ivy Street, a clean, flexible commercial building near downtown Medford, Oregon (the "Property"). The Property is sited in a pleasant, clean neighborhood in central Medford, with a mix of light-use offices and single-family / multifamily residential, with a majority of the properties well-maintained or recently remodeled. While the structure was originally built in 1905 (per County), the Property was effectively rebuilt from scratch in 2001, and underwent a 'to-the-studs' remodel, which is still evident today through timely maintenance. Ideal for an owner-user, 319 S Ivy Street presents a flexible, open floorplan space, currently being leased to a daycare operator. Accessed via the shared alleyway to the rear of the Property, users will enjoy 6+ private parking spaces, leading the stairs or newer ADA ramp to the rear entry of the Property. Inside, users can enter through the rear directly to the full kitchen / break-room area, or through to the front customer entry leading to the main open-space, perfect for a reception area and open bullpen-style office layout or similar. Two well-sized private rooms offer private offices, exam rooms, or other flexible enclosed spaces. The large half-bath and laundry room is to the rear, as well as additional storage area. A strong highlight of the Property is its abundant yard-space on three sides, which includes green space, raised garden beds and metal/wooden fenced/gated areas. Centrally located, 319 S Ivy Street seems to be a 'perfect fit' for a professional service or knowledge-based companies, and is just a few minutes to numerous County justice and admin offices. 319 S Ivy Street is a clean, easily attainable opportunity for an owner-user or investor to control a flexible commercial building in beautiful Medford, Oregon.

FOR SALE DETAILS

PRICE

$354,400 USD

PRICE/SF

$339 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

319 S Ivy Street

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

undefined, Storefront Retail/Office, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1905

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

C-S/P

APN/PARCEL ID

10372794

ASK ABOUT THIS PROPERTY

Caspian HoehneMerit Commercial Real Estate LLCMore Info
541-944-9967

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Caspian HoehneMerit Commercial Real Estate LLCMore Info
541-944-9967

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