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    117 N Central Ave Medford, OR 97501

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    For Sale
    $995,000

    5,000 SF retail space in Medford's Central Business District.

    Property size:
    10,000 SF
    Lot size:
    0.46 Acres

    Property Features for 117 N Central Ave

    General Information

    Size
    10,000 SF
    Lot size
    0.46 Acres

    Source: RE/Max Platinum Agent Richard Bauernfeind

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Medford Retail Opportunity

    This property features a 5,000 sq. ft. ground floor retail space located in the heart of Medford's Central Business District. The property is a mixed-use building with residential tenants on the second floor, which can help offset overhead costs. The building previously housed the ARC JACKSON COUNTY Thrift Store, which also served residential clients in the apartments above. This 10,000 sqft property offers an opportunity to operate a business in a growing retail community. The building has recently undergone a complete roof repair.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    RCC Riverside Campus ... Community College TRiO Rogue Opportunity ... Non-Profit Organization Tree Service Experts ... Tree Service

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Medford
    County
    Jackson
    State
    Oregon
    Longitude
    -122.873494
    Latitude
    42.327633

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    FAQs

    What type of property is this?
    Retail space - 5,000 SF retail space in Medford's Central Business District.
    Where is this retail space located?
    The property is located at 117 N Central Ave Medford, OR.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: - 5,000 sq. ft. ground floor retail space in Medford's Central Business District.; - 2nd floor residential tenants provide income to offset overhead.; - Opportunity to operate a business in a growing retail community.
    (541) 821-2169
    Request Owner's contact information
    117 N Central Ave Medford, OR 97501
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    Medford, OR 97501
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    117 N Central Ave Medford, OR 97501
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