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117 S Central Ave
Medford, OR 97501
RCC downtown · Office Property For Sale


INVESTMENT HIGHLIGHTS
- Federal Opportunity Zone
- Corner location, high visibility and high traffic counts
- possible redevelopment candidate
EXECUTIVE SUMMARY
Well maintained building with office or retail uses in the Federal Opportunity Zone. Possible redevelopment project. Full seismic upgrade. 2 Stories plus a full basement and a mezzanine. Poured in place concrete construction with stucco with wood beam roof and a built up roof covering. Currently configured as a instructional facility.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Office
Building Size
39,435 SF
Building Class
B
Year Built/Renovated
1928/2002
Price
$4,806,812 CAD
Price Per SF
$121.89 CAD
Cap Rate
10.32%
NOI
$495,832 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
13,145 SF
Building FAR
3.12
Lot Size
0.29 AC
Opportunity Zone
Yes
Zoning
CC - community commercial zoning. Central Business District overlay. Also in Federal Opportunity Zone.
Parking
50 Spaces (1.27 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Bus Line
- Security System
- Basement
- Central Heating
- Partitioned Offices
- Secure Storage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 10370167 | Improvements Assessment | $8,078,723 CAD |
| Land Assessment | $584,549 CAD | Total Assessment | $8,663,272 CAD |
PROPERTY TAXES
Parcel Number
10370167
Land Assessment
$584,549 CAD
Improvements Assessment
$8,078,723 CAD
Total Assessment
$8,663,272 CAD
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