1501 Sage RD Active Save Request In-Person Tour Request Virtual Tour
Medford,OR 97501
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 15,000 sqft
Price per Sqft $125
MLS Listing ID 220191507
Year Built 1996
Annual Tax Amount $19,981
Lot Size 0.960 Acres
Property Description
PRICE REDUCED, Motivated Seller. 9+% CAP RATE Here is a fantastic cashflow opportunity for an investor or an owner occupant. This property consists of is 3 separate FULLY LEASED steel buildings on 1 tax lot totaling 15,000 SQFT gross rentable area on a .96 Ac lot zoned IG (General Industrial). 1501 A/B/C is currently leased as a recently remodeled restaurant, 1503 is a freestanding building and 1505 A/B/C/D is fully leased. Gross rents are $17,950. Seller is open to creative financing options.
Recent updates include HVAC throughout all 3 buildings, remodeled restaurant and fire suppression system in BLDG 1503. *Businesses are NOT for sale, Real Estate Only*
Location
State OR
County Jackson
Interior
Heating/Cooling Ductless,Electric,Forced Air,Natural Gas,Wall Furnace
Exterior
Parking Features Asphalt,Concrete,Gated,Shared Driveway,Parking Lot
Roof Type Membrane,Rubber
Parking Asphalt,Concrete,Gated,Shared Driveway,Parking Lot
Building
Lot Description Drip System,Landscaped,Sprinkler Timer(s),Sprinklers In Front
Foundation Block,Concrete Perimeter,Slab,Stemwall
Water Public,Water Meter
Structure Type Steel Frame,Concrete,Frame
New Construction No
Construction Steel Frame,Concrete,Frame
Others
Acceptable Financing Cash,Conventional,Owner Will Carry,Private Financing Available
Listing Terms Cash,Conventional,Owner Will Carry,Private Financing Available
Special Listing Condition Standard