Search
School Building With Basement
New
For Sale
$3,490,000

117 S Central Avenue, Medford, OR 97501

Instructional facility with supported office and retail use potential in a Federal Opportunity Zone.

Property SizeContact for details
Days on Market2

Property Features for 117 S Central Avenue

General Information

Standard status Active

Additional Details

Opportunity Zone Yes

Building Details

Buildings 1
Stories 2
Construction poured in place concrete
Listing Agency: Merit Commercial RE, LLC
Listed By: Scott N King · License #OREGON200602153
Source: Evimerorealty
Added: Sep 9 Last Checked: Sep 10 at 9:39AM

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 two-story school building is currently arranged as an instructional facility and includes a full basement and mezzanine. The structure uses poured-in-place concrete construction with stucco, a wood beam roof, and a built-up roof covering. A full seismic upgrade has been completed.

The property is located in the Federal Opportunity Zone and may support office or retail uses. Its existing configuration also presents a possible redevelopment opportunity, subject to applicable approvals and requirements.

Key Highlights

  • Two stories with a full basement and mezzanine
  • Currently configured as an instructional facility
  • Full seismic upgrade completed

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

RCC Riverside Campus ... Community College TRiO Rogue Opportunity ... Charitable Organization Tree Service Experts ... Landscaping

Suggested Use

Top Pick Butcher (Bike/Boat/Book/etc) Store Florist Carpet & Flooring Store Mobile Phone Store Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,107
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
School - Instructional facility with supported office and retail use potential in a Federal Opportunity Zone.
Where is this school located?
The property is located at 117 S 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 stories with a full basement and mezzanine; Currently configured as an instructional facility; Full seismic upgrade completed
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message