Mixed-Use Property with Updated
For Sale
$1,500,000
110 Hawthorne Street, Medford, OR 97504
Two-building commercial property combines office occupancy with an established café and paved on-site parking.
Property Size6,794 SF
Price / SF$220.78
Days on Market325
Property Features for 110 Hawthorne Street
General Information
Standard status
Active
Size
6,794 SF
Property subtype
General Commercial
Taxes and HOA fees
Annual Taxes
$14,619
Amenities
Central Air
3
Tile, Carpet
Carbon Monoxide Detector
Membrane
Asphalt.
0.6800000071525574
Paved Road.
Building Details
Year Built
1961
Buildings
2
Stories
1
Tenancy
Multi
Listing Agency:
Windermere Van Vleet & Assoc2
(541) 941-4881
Listed By:
Claudette Moore · License #920800200
(541) 941-4881
Source:
Xome
Added: Oct 11, 2025
Changed: Aug 29
Last Checked: Aug 30 at 1:03PM
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 Windermere Van Vleet & Assoc2
Investment Insights
Based on property information with market context.
This mixed-use commercial property includes two buildings totaling 6,794 square feet. The office building is occupied by Personnel Source and Mr. D's Insurance, while the landmark Parkside Cafe provides a restaurant component. Interior features include central air, tile and carpet flooring, and carbon monoxide detection. Both structures have newer membrane roofs and new HVAC systems.
The property is located at 110 Hawthorne Street in Medford, across Hawthorne Street from Hawthorne Park. Access is provided by a paved road, and the site includes a paved parking lot. The 0.68-acre parcel was developed in 1961 and supports a combination of office and restaurant uses within an established commercial setting.
The property is located at 110 Hawthorne Street in Medford, across Hawthorne Street from Hawthorne Park. Access is provided by a paved road, and the site includes a paved parking lot. The 0.68-acre parcel was developed in 1961 and supports a combination of office and restaurant uses within an established commercial setting.
Key Highlights
- 6,794‑square‑foot mixed‑use property with two commercial buildings
- Office occupancy includes Personnel Source and Mr. D's Insurance
- Parkside Cafe provides an established restaurant component
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$100,394
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.69%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,007,880
$2.0M
Cap Rate 7%
$1,434,200
$1.4M
Cap Rate 9%
$1,115,489
$1.1M
Market Conditions
NOI Build-Up for 6,794 SF
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.
Gross rent
$149.2K $21.96/SF
− Vacancy
−$15.3K −$2.26/SF
EGI
$133.9K $19.70/SF
− OpEx
−$33.5K −$4.93/SF
NOI
$100.4K $14.78/SF
Area
Jackson County, OR
Vacancy
10.28%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,007,880
Cap Rate 7%
$1,434,200
Cap Rate 9%
$1,115,489
Alternative Uses
Best Use
Specialty Retail
$1.43M
$1.25M – $1.67M
NOI $100,394 @ 7.0% cap · market cap 6.69%
Second Best
Office B
$1.19M
$1.04M – $1.39M
NOI $83,159 @ 7.0% cap · market cap 5.54%
Theoretical Best
Office A
$1.64M
$1.43M – $1.91M
NOI $114,791 @ 7.0% cap · market cap 7.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,098
Businesses Nearby
Explore this area
Business Placement
Demographics for 97504, OR
49,942
Population
21,290
Households
2.3
Avg Household Size
43
Median Age
38%
College-Educated
93%
High-School Grad
43.3 sq mi
ZIP Area
1,153
Density / Sq Mi
$81,233
Median Household Income
$43,744
Median Earnings
$1,387
Median Rent
$447,800
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-building commercial property combines office occupancy with an established café and paved on-site parking.
Where is this mixed-use property located?
The property is located at 110 Hawthorne Street Medford, OR.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 6,794‑square‑foot mixed‑use property with two commercial buildings; Office occupancy includes Personnel Source and Mr. D's Insurance; Parkside Cafe provides an established restaurant component
