4
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$649,000
Est. payment /mo
6,855 SqFt
New
1252 McAndrews RD Medford, OR 97501
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 6,855 sqft
Price per Sqft $94
MLS Listing ID 220227036
Year Built 1971
Annual Tax Amount $7,802
Lot Size 0.540 Acres
Acres 0.54
Lot Dimensions 0.54
Property Description
Investment opportunity in a growing West Medford corridor. LeCornu Retail consists of approximately 6,855 SF across four tenant spaces in two buildings on roughly 0.54 acres. The property is projected at a 7.91% stabilized cap rate and offers both in-place income and value-add potential through future rent growth, lease restructuring and strategic capital improvements. Located near W. McAndrews Rd and Ross Ln, the property is positioned near expanding residential neighborhoods, the Rogue X community and recreation complex, and planned retail development across the street. Strong regional access, nearby national retailers and Medford's role as Southern Oregon's primary commercial hub support the long-term investment outlook. Seller financing available for well qualified buyers. Contact broker for details.
Location
State OR
County Jackson
Interior
Heating/Cooling Heat Pump
Exterior
Parking Features Driveway, Gated, Gravel
Roof Type Membrane,Metal
Parking Driveway, Gated, Gravel
Building
Foundation Slab
Builder Name LeCornu Retail
Water Public
Level or Stories One
Structure Type Frame
New Construction No
Construction Frame
Others
Senior Community No
Tax ID 10429971
Acceptable Financing Cash, Conventional, Owner Will Carry
Listing Terms Cash, Conventional, Owner Will Carry
Special Listing Condition Standard
Listed by RE/MAX Platinum
NEARBY SCHOOL & BUSINESS
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