328 S Central Avenue
Medford,
OR
97501
Property Details
List Price: |
$1,100,000 |
Beds: |
-- |
Baths: |
-- |
Status: |
Active |
SqFt: |
-- |
Agency: |
Windermere Van Vleet & Associates |
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Description/Comments
Lot Size: |
-- |
Property Type: |
Commercial |
Year Built: |
1955 |
Notes: |
$$$Money Maker$$$ This is a prime opportunity to invest with a PGI of over $130K per year and great cap rate at 7.45%. This attractive, well-maintained 8008 square foot building is currently configured to accommodate 25 small businesses at affordable rental rates that keep the building full. The current mix of tenants range from small practice medical & medical billing to construction companies. The solid concrete block, 2 level building is located in a business district & has great visibility with an average traffic volume of 12,000+ cars per day. The building has 15 parking spaces and abundant street parking alongside. ***Owner terms available*** for qualified buyer with good down payment. Small office spaces are desirable, making this a great investment. |
MlsNumber: |
220169942 |
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Listing Provided By: |
Windermere Van Vleet & Associates, original listing |
Name: |
Windermere Van Vleet & Associates |
Phone: |
(541) 482-3786 |
Office Name: |
Windermere Van Vleet & Assoc2 |
Office Phone: |
(541) 779-6520 |
Agent Name: |
Steven W Parmelee |
Disclaimer: |
Copyright © 2024 Southern Oregon MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |