604-628 Crater Lake Ave - Freestanding FOR SALE


Medford, OR 97504
$2,400,000 USD
541-734-5280
604-628 Crater Lake Ave, Medford, OR for Sale
$2,400,000 USD
Freestanding - FOR SALE
1/5
null | Request Cap Rate

604-628 Crater Lake Ave
Medford, OR 97504


OVERVIEW

Shamrock Square is a well-maintained neighborhood retail center, consisting of 3 single level buildings totaling 13,700 SQ. FT. approximately on 1.19 acres (3 tax lots) with 12 tenants. The shopping center is located at the corner of Stevens Street and Crater Lake Avenue near The Medford Center and The Village at the Medford Center one of Medford's major shopping centers. The current Gross Tenants' Leases' run through 2027 allowing a Buyer to renegotiate rents. The majority of the Tenants are long term and established in the Center. Gross Income for Year End 2025 was $193,700.00 with a Net Operating Income of $122,809.00. Please do not disturb Tenants, tour Tenant spaces to be arranged upon acceptable Offer.

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$175 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Shamrock Square

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

81

LAND DETAILS

LAND ACRES

1.19 AC

LAND SF

51,836 SF

ZONING

C-C

APN/PARCEL ID

10329854

ASK ABOUT THIS PROPERTY

Douglas MorseJohn L. Scott Real EstateMore Info
541-734-5280

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Douglas MorseJohn L. Scott Real EstateMore Info
541-734-5280

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