Turn-Key Office Condo
1 W Main Street 201 Medford, OR 97501
1 W Main Street 201, Medford, OR, 97501
$7,700,000
For Sale
$7,700,000
Entire second-floor office condo with finished space, cold shell, and private covered parking for teams and staff.
Property Size30,964 SF
Price / SF$248.68
Days on Market24
Property Features for 1 W Main Street 201
General Information
- Standard status
- Active
- Size
- 30,964 SF
Building Details
- Year Built
- 2014
Listing agency
(541) 941-2053
Listed by
Marialice Wright · License #201221289
(541) 941-2053
Source
Mtmeadows.idxbroker
Added: Jun 28 Updated: Jul 10 at 2:08PM Checked: Jul 21 at 3:06AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marialice Wright
Investment Insights
Based on property information with market context.
This offering consists of the entire second-floor office condo unit in the One West Main Building. The space is designed as a corporate office layout with approximately 19,016 square feet of finished or furnished office area, plus additional cold shell space of approximately 9,972 square feet. Common areas and bathrooms total approximately 1,976 square feet, creating a complete second-floor demising configuration.
The building is described as a professional office setting with other tenants on upper floors, including Pacific Retirement Services on the third floor and Rogue Disposal on the fourth floor. The property is attached to a private parking garage, with covered parking provided for employees and staff.
This space is well suited for an owner-operator or buyer seeking a turn-key headquarters configuration within a multi-tenant professional office building. The mix of finished office space and cold shell area can support organizations that want to operate immediately while retaining flexibility for later buildout, depending on how the cold shell portion will be used. Availability is noted for December 2024, and the space is also described as available for lease in separate options per other MLS listings.
The building is described as a professional office setting with other tenants on upper floors, including Pacific Retirement Services on the third floor and Rogue Disposal on the fourth floor. The property is attached to a private parking garage, with covered parking provided for employees and staff.
This space is well suited for an owner-operator or buyer seeking a turn-key headquarters configuration within a multi-tenant professional office building. The mix of finished office space and cold shell area can support organizations that want to operate immediately while retaining flexibility for later buildout, depending on how the cold shell portion will be used. Availability is noted for December 2024, and the space is also described as available for lease in separate options per other MLS listings.
Key Highlights
- Entire 2nd‑floor office condo in the One West Main Building in downtown Medford (coming available December 2024).
- Approximately 30,964 SF total: 19,016 SF finished/furnished office space plus 9,972 SF cold shell space.
- Includes 1,976 SF common areas and bathrooms within the 2nd‑floor unit.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $594.5k | $19.20 |
| − Vacancy | −$89.2k | −$2.88 |
| EGI | $505.3k | $16.32 |
| − OpEx | −$126.3k | −$4.08 |
| NOI | $379.0k | $12.24 |
30,964 SF · lease $19.20/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$5.41M
$4.74M – $6.32M
NOI $378,999 @ 7.0% cap · market cap 4.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.47M
$6.54M – $8.72M
NOI $523,168 @ 7.0% cap · market cap 6.79%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Rogue Valley Manor ...
Charitable Organization
Move2Oregon Real Estate ...
Advertising Agency
prs procare
Business Service Center
Jackson County Recycling ...
Recycling Center
Rogue Disposal & Recycling
Waste Management Facility
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Entire second-floor office condo with finished space, cold shell, and private covered parking for teams and staff.
Where is this office units located?
The property is located at 1 W Main Street 201 Medford, OR.
What is the asking price?
The asking price for this property is $7,700,000.
What are key features of this property?
This property features: Entire 2nd‑floor office condo in the One West Main Building in downtown Medford (coming available December 2024).; Approximately 30,964 SF total: 19,016 SF finished/furnished office space plus 9,972 SF cold shell space.; Includes 1,976 SF common areas and bathrooms within the 2nd‑floor unit.
