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Unfinished Retail Shell with License
For Sale
$800,000

1258 Riverside Avenue, Medford, OR 97501

Retail property with an OLCC retail license in place and an interior shell condition, ready for build-out.

Property Size1,404 SF
Price / SF$569.80
Days on Market233

Property Features for 1258 Riverside Avenue

General Information

Standard status Active
Size 1,404 SF
Property subtype General Commercial

Taxes and HOA fees

Annual Taxes $1,646

Amenities

3
Membrane
Asphalt.
0.11999999731779099

Building Details

Year Built 1951
Stories 1
Listing Agency: Keller Williams Realty Southern Oregon
Listed By: Erik Von Eggers · License #201259625
Source: Xome
Added: Dec 20, 2025 Changed: Aug 8 Last Checked: Aug 9 at 5:10AM

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 Keller Williams Realty Southern Oregon

Investment Insights

Based on property information with market context.

This retail property was originally purchased with the intent to become an OLCC-licensed cannabis retail outlet, but it remains unfinished and is ready for a new build-out. The space is currently in interior shell condition, offering a clean starting point for a tenant or owner-operator to complete the improvements.

The property is located at 1258 S Riverside Avenue in Medford, at a street intersection that supports straightforward retail access.

The retail license is active but the property is not operating. Seller financing may be available with a carry arrangement based on 30% down, subject to terms.

Key Highlights

  • Retail property with an OLCC retail license in place (not operating) and interior shell condition, ready for build‑out.
  • Unfinished interior originally intended for an OLCC‑licensed cannabis retail outlet.
  • Membrane roof and asphalt parking.

Property Analytics

Current Use

Cannabis Properties

Suggested Use

Top Pick Auto Repair Shop Big Box & Wholesale Store Real Estate Agency Building Supply Auto Parts Store HVAC Service

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

1,118
Businesses Nearby
798k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 32% Apparel 26% Superstores 15% Shops & Services 13%
Target Superstores
116,381 visits/mo 0.2 miles
In-N-Out Burger Dining
64,507 visits/mo 0.0 miles
Chick-fil-A Dining
55,065 visits/mo 0.3 miles
DICK'S Sporting Goods Apparel
46,713 visits/mo 0.4 miles
Trader Joe's Groceries
43,025 visits/mo 0.2 miles

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 Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Cannabis property - Retail property with an OLCC retail license in place and an interior shell condition, ready for build-out.
Where is this cannabis property located?
The property is located at 1258 Riverside Avenue Medford, OR.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Retail property with an OLCC retail license in place (not operating) and interior shell condition, ready for build‑out.; Unfinished interior originally intended for an OLCC‑licensed cannabis retail outlet.; Membrane roof and asphalt parking.
More about this property
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