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114 W Main St
Medford, OR 97501
Retail Property For Sale
Executive Summary
Merit Commercial Real Estate is pleased to exclusively present for sale 114 West Main Street, a centrally located downtown core retail building in Medford, Oregon (the "Property").
As likely the largest commercial building available at the lowest price per square foot in all of central Medford, the Property's value and opportunity is one-of-a-kind.
This established and well-maintained retail-oriented Property offers prospective buyers a rare opportunity to secure a prominent location with street frontage along West Main Street.
Originally constructed in 1909, the building retains its historic character while presenting a clean, functional space ideal for a variety of uses. Recent and extensive to-the-studs renovations are complete and allow the Property to be the perfect home for a wide variety of users.
The building itself is estimated to be approximately 21,149 SF across three distinct floors with multiple stairwells and central freight elevator for easy accessibility.
The highly visible front entrance off of West Main Street features expansive walls of glass for product display area, and opens up to an airy first floor. The second floor is partially open to below and includes space for inventory or additional storage space for prospective buyers. The third floor is a highlight of the Property, with abundant natural light, tall ceilings, and architectural detailing.
Currently home to a long-standing, furniture store, the Property may be vacated at or before Closing. The winning combination of timeless charm, downtown visibility, and sheer size of the building at at far below-market price per SF allows for any user to step into a unique Property.
Prospective buyers are encouraged to present any reasonable proposal for the Seller's consideration. Contact the listing brokers today for additional information.
Buyer is responsible for any and all due diligence, including but not limited to environmental use, legality, site planning, zoning, demolition, and all other items.
As likely the largest commercial building available at the lowest price per square foot in all of central Medford, the Property's value and opportunity is one-of-a-kind.
This established and well-maintained retail-oriented Property offers prospective buyers a rare opportunity to secure a prominent location with street frontage along West Main Street.
Originally constructed in 1909, the building retains its historic character while presenting a clean, functional space ideal for a variety of uses. Recent and extensive to-the-studs renovations are complete and allow the Property to be the perfect home for a wide variety of users.
The building itself is estimated to be approximately 21,149 SF across three distinct floors with multiple stairwells and central freight elevator for easy accessibility.
The highly visible front entrance off of West Main Street features expansive walls of glass for product display area, and opens up to an airy first floor. The second floor is partially open to below and includes space for inventory or additional storage space for prospective buyers. The third floor is a highlight of the Property, with abundant natural light, tall ceilings, and architectural detailing.
Currently home to a long-standing, furniture store, the Property may be vacated at or before Closing. The winning combination of timeless charm, downtown visibility, and sheer size of the building at at far below-market price per SF allows for any user to step into a unique Property.
Prospective buyers are encouraged to present any reasonable proposal for the Seller's consideration. Contact the listing brokers today for additional information.
Buyer is responsible for any and all due diligence, including but not limited to environmental use, legality, site planning, zoning, demolition, and all other items.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
21,149 SF
Building Class
B
Year Built
1909
Price
$1,297,349 CAD
Price Per SF
$61.34 CAD
Tenancy
Single
Building Height
3 Stories
Building FAR
2.43
Lot Size
0.20 AC
Opportunity Zone
Yes
Zoning
C-C - Community Commercia.
Frontage
Property Taxes
| Parcel Number | 10369668 | Improvements Assessment | $518,243 CAD |
| Land Assessment | $484,416 CAD | Total Assessment | $1,002,659 CAD |
Property Taxes
Parcel Number
10369668
Land Assessment
$484,416 CAD
Improvements Assessment
$518,243 CAD
Total Assessment
$1,002,659 CAD
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