Medford Mixed-Use Property For
519 S Riverside Avenue Medford, OR 97501
519 S Riverside Avenue, Medford, OR, 97501
$349,900
For Sale
$349,900
Mixed-use property with high traffic exposure near downtown Medford.
Property Size864 SF
Price / SF$404.98
Days on Market463
Property Features for 519 S Riverside Avenue
General Information
- Standard status
- Active
- Size
- 864 SF
- Property subtype
- Commercial/Industrial
Listing Agency
Patrick Iler Real Estate
(541) 821-7726
Listed by
Gale S Iler · License #201223272
(541) 821-7726
Source
Exitrealty
Added: Apr 10, 2025 Checked: Jul 16 at 6:30 am
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 Patrick Iler Real Estate
Investment Insights
Based on property information with market context.
This mixed-use property is located close to downtown Medford and features frontage on Riverside Avenue. The main office building is currently leased to a stable tenant. The front building measures 864 square feet and includes high ceilings, four separate rooms, one bathroom, and a utility room with a shower. The back unit is approximately 780 square feet and contains one bedroom, one bathroom, an office, and a small kitchen with laundry facilities. The property includes four carport spaces, five off-street parking spaces, and a two-car garage, which is currently used as a workshop and for storage. A monument sign is located on the property. The location provides high business exposure, with over 14,600 cars passing by daily on this one-way street heading into downtown Medford. This property presents an investment or owner-occupant opportunity.
Key Highlights
- High traffic location on Riverside Avenue with 14,600 cars passing daily, providing excellent business exposure.
- Leased main office building provides stable tenant income.
- Two separate units: 864 sq ft front office and 780 sq ft back unit with residential features.
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 | $16.6k | $19.20 |
| − Vacancy | −$2.5k | −$2.88 |
| EGI | $14.1k | $16.32 |
| − OpEx | −$3.5k | −$4.08 |
| NOI | $10.6k | $12.24 |
864 SF · lease $19.20/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$151.1K
$132.2K – $176.3K
NOI $10,575 @ 7.0% cap · market cap 3.02%
Second Best
Mixed Use
$127.7K
$111.8K – $149.0K
NOI $8,942 @ 7.0% cap · market cap 2.56%
Theoretical Best
Office A
$208.5K
$182.5K – $243.3K
NOI $14,598 @ 7.0% cap · market cap 4.17%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Asian Massage Medford ...
Alternative Medicine Practice
365 Days Massage
Alternative Medicine Practice
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FAQs
What type of property is this?
Mixed-use property - Mixed-use property with high traffic exposure near downtown Medford.
Where is this mixed-use property located?
The property is located at 519 S Riverside Avenue Medford, OR.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: High traffic location on Riverside Avenue with 14,600 cars passing daily, providing excellent business exposure.; Leased main office building provides stable tenant income.; Two separate units: 864 sq ft front office and 780 sq ft back unit with residential features.
