Medford, OR 97501,1501 Sage RD
Medford, OR 97501,1501 Sage RD
Medford, OR 97501,1501 Sage RD
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$1,875,000
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15,000 SqFt
Active

1501 Sage RD Medford, OR 97501

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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

Acres 0.96

Lot Dimensions 0.96

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

Direction West on Mcandrews over the bridge, RT on Sage. property is on the LT.

Rooms

Basement None

Interior

Window Features Aluminum Frames,Double Pane Windows

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

Entry Level One,Multi/Split

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

Senior Community No

Tax ID 10803371

Acceptable Financing Cash, Conventional, Owner Will Carry, Private Financing Available

Listing Terms Cash, Conventional, Owner Will Carry, Private Financing Available

Special Listing Condition Standard


Oregon Data Share
Listed by eXp Realty, LLC

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agent

Cody Tuma

Broker | License ID: 201218086

+1(541) 953-7784

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1501 Sage RD