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313 S Ivy St
Medford, OR 97501
313 S Ivy Street · Office Property For Sale
Executive Summary
Merit Commercial Real Estate is pleased to exclusively present 313 S Ivy Street, a functional commercial building located in beautiful Medford, Oregon (the "Property"). The Property is situated on one 0.11 acre parcel and features a single-level commercial building with outdoor space.
Built in 1971, the building has a highly functional professional office layout with recent improvements from the prior tenant. The interior features approximately 1,512 SF of space with private offices, an open bullpen area, kitchen with storage, two private restrooms, abundant built-in storage and much more.
The fully-fenced rear yard is a strong highlight, featuring two expansive wooden decks, a lower turfed open area, chainlink fencing with privacy slat inserts, and an included non-permanent gazebo. Currently vacant, the Property presents a strong opportunity for both owner-users or investors.
The existing layout allows for immediate occupancy and offers flexibility in improvements for operational needs. Ideally situated near downtown Medford, entry to the Property is convenient with shared alleyway access off of West 11th Street and two dedicated parking spaces located in the alleyway as well as public access via South Ivy Street.
I-5 connectivity is also a short ±8 minutes / 2.2 miles drive from the Property. This location provides strong regional access and some visibility, supporting a wide range of operational needs. The Property is also in very close proximity to the Medford Police Department and Jackson County Circuit Courts.
The area surrounding the Property includes a diverse mix of retail, educational and professional office spaces, positioning the Property within an active and established commercial corridor. Buyer is responsible for any and all due diligence.
Contact the listing brokers today for additional information. The adjacent office building at 303 South Ivy Street is also offered for sale from the same ownership; contact brokers for more info.
Built in 1971, the building has a highly functional professional office layout with recent improvements from the prior tenant. The interior features approximately 1,512 SF of space with private offices, an open bullpen area, kitchen with storage, two private restrooms, abundant built-in storage and much more.
The fully-fenced rear yard is a strong highlight, featuring two expansive wooden decks, a lower turfed open area, chainlink fencing with privacy slat inserts, and an included non-permanent gazebo. Currently vacant, the Property presents a strong opportunity for both owner-users or investors.
The existing layout allows for immediate occupancy and offers flexibility in improvements for operational needs. Ideally situated near downtown Medford, entry to the Property is convenient with shared alleyway access off of West 11th Street and two dedicated parking spaces located in the alleyway as well as public access via South Ivy Street.
I-5 connectivity is also a short ±8 minutes / 2.2 miles drive from the Property. This location provides strong regional access and some visibility, supporting a wide range of operational needs. The Property is also in very close proximity to the Medford Police Department and Jackson County Circuit Courts.
The area surrounding the Property includes a diverse mix of retail, educational and professional office spaces, positioning the Property within an active and established commercial corridor. Buyer is responsible for any and all due diligence.
Contact the listing brokers today for additional information. The adjacent office building at 303 South Ivy Street is also offered for sale from the same ownership; contact brokers for more info.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
1,512 SF
Building Class
C
Year Built
1971
Price
$450,072 CAD
Price Per SF
$297.67 CAD
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
1,512 SF
Building FAR
0.32
Lot Size
0.11 AC
Zoning
C-S/P - (Service/Professional)
Parking
2 Spaces (1.32 Spaces per 1,000 SF Leased)
Amenities
- Fenced Lot
Property Taxes
| Parcel Number | 10372786 | Improvements Assessment | $188,662 CAD |
| Land Assessment | $124,093 CAD | Total Assessment | $312,755 CAD |
Property Taxes
Parcel Number
10372786
Land Assessment
$124,093 CAD
Improvements Assessment
$188,662 CAD
Total Assessment
$312,755 CAD
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