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Listing Provided Courtesy Of:
Coldwell Banker Commercial Pro West
Address
1229 Court Street Medford, OR
Price
$ 3,600,000
Property Attributes
  • MLS#220130324
  • TypePending
  • CountyJACKSON
  • CityMedford
  • Zip97501
  • StyleIncome/Investment,Retail
  • Year Built1968
  • Taxes$ 24370
  • Price$ 3,600,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage39356
  • Lot Size2.76 Acres
Listing Provided Courtesy Of:
Coldwell Banker Commercial Pro West
Data Source:
Southern Oregon MLS (SOMLS) - 191 - OR
Property Description

Retail center located between two regional retail centers available for sale. 100% leased. 1229 Court Street is located adjacent the Regency Centers Northgate Marketplace in North Medford, and one block from the Rogue Valley Mall. Excellent tenancy history, on-site parking and potential for upside in rental growth. Located at a signalized intersection within 2 minutes of the North Medford Interstate 5 interchange. Cap rate of 7.0% on current rents. Call listing brokers for offering memorandum. Please Do Not Disturb Tenants. Tour by appointment only.

Price History
8/25/2021 Listed $3,600,000

General Features

# Of Units Total 5
Additional Features Airport Access, Bus Service or Stop, Free Span Roof, Separate Electric Meters, Separate Gas Meters
Basement None
Construction Materials Block, Frame
Cooling Central Air
Flooring Concrete, Laminate
Heating Forced Air
Levels One
New Construction Y/N No
Property Type F
Roof Membrane
Section Not Applicable
Sewer Public Sewer
View City
Zoning C-C

Interior Features

Common Walls 1 Common Wall

Exterior Features

Foundation Slab
Lot Description Corner Lot, Level
Lot Size Acres 2.76
Lot Size Square Feet 120226.00
Parking Details: # Of Parking Spaces 1136
Parking Details: Parking Yes
Parking Details: Vehicles/average Daily Traffic 11900
Parking Features Asphalt, Parking Lot
Road Surface Type Paved
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 97501

Price
AVG $380K
$3.6M
Taxes
AVG $3,143
$24,370
Visits
AVG 50
1
Year Built
AVG 1978
1968
Walkscore
AVG 40
66
Data Provided by Walkscore ® not using MLS data