Two-Story Office/Retail
For Sale
$3,490,000
117 Central Avenue, Medford, OR 97501
Two-story building with a full basement and mezzanine, fully seismic upgraded and currently configured as an instructional facility.
Property Size39,435 SF
Price / SF$88.50
Days on Market1196
Property Features for 117 Central Avenue
General Information
Standard status
Active
Size
39,435 SF
Property subtype
General Commercial
Additional Details
Opportunity Zone
Yes
Amenities
Central Air
3
Tile, Vinyl, Carpet
Built Up
Parking.
Alley Entrance, Lot, On Street.
0.28999999165534973
Building Details
Year Built
1928
Stories
2
Listing Agency:
Merit Commercial RE, LLC
(541) 890-6708
Listed By:
Scott King · License #OREGON200602153
(541) 890-6708
Source:
Xome
Added: May 4, 2023
Changed: Aug 8
Last Checked: Aug 11 at 5:17AM
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 Merit Commercial RE, LLC
Investment Insights
Based on property information with market context.
This very well maintained two-story building includes a full basement and a mezzanine. Construction is poured-in-place concrete with stucco, a wood beam roof, and a built-up roof covering. The property has received a full seismic upgrade and is currently configured as an instructional facility, with office or retail uses also contemplated.
Located at 117 S Central Avenue in Medford, Oregon, the building is within a Federal Opportunity Zone. The property may also be of interest as a potential redevelopment project.
The existing configuration and structural improvements provide a straightforward platform for continuing educational use or transitioning to office or retail, subject to applicable approvals.
Located at 117 S Central Avenue in Medford, Oregon, the building is within a Federal Opportunity Zone. The property may also be of interest as a potential redevelopment project.
The existing configuration and structural improvements provide a straightforward platform for continuing educational use or transitioning to office or retail, subject to applicable approvals.
Key Highlights
- Two‑story building (built in 1928) with a full basement and mezzanine
- Full seismic upgrade completed; poured in place concrete construction with stucco exterior and wood beam roof
- Currently configured as an instructional facility with office or retail use potential in the Federal Opportunity Zone
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,107
Businesses Nearby
Explore this area
Business Placement
Demographics for 97501, OR
47,519
Population
19,370
Households
2.5
Avg Household Size
37
Median Age
20%
College-Educated
90%
High-School Grad
45.3 sq mi
ZIP Area
1,049
Density / Sq Mi
$61,971
Median Household Income
$36,471
Median Earnings
$1,238
Median Rent
$325,200
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?
School - Two-story building with a full basement and mezzanine, fully seismic upgraded and currently configured as an instructional facility.
Where is this school located?
The property is located at 117 Central Avenue Medford, OR.
What is the asking price?
The asking price for this property is $3,490,000.
What are key features of this property?
This property features: Two‑story building (built in 1928) with a full basement and mezzanine; Full seismic upgrade completed; poured in place concrete construction with stucco exterior and wood beam roof; Currently configured as an instructional facility with office or retail use potential in the Federal Opportunity Zone
