Second-Floor Office
For Sale
$7,700,000
1 W Main Street #201, Medford, OR 97501
The floor combines furnished office interiors, cold-shell space, and shared restrooms.
Property Size30,964 SF
Price / SF$248.68
Days on Market737
Property Features for 1 W Main Street #201
General Information
Standard status
Active
Size
30,964 SF
Property subtype
Commercial
Zoning
C-C
Space & Availability
Floor
2
Condition
Turnkey
Furnished
Yes
Additional Details
Property Use
Office
Taxes and HOA fees
Annual Taxes
$64,453
Building Details
Building Size
30,964 SF
Year Built
2014
Buildings
1
Stories
1
Units
2
Tenancy
Multi
Listing Agency:
Pulver and Leever Real Estate
Listed By:
William J Leever · License #OR 780301889
(541) 773-5391
Source:
Desertskyrealestate
Added: Oct 24, 2024
Changed: Oct 25
Last Checked: Oct 29 at 8:36PM
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 Pulver and Leever Real Estate
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Investment Insights
Based on property information with market context.
The second-floor office condo at One West Main Building encompasses approximately 30,964 square feet. Its layout includes 19,016 SF of finished, furnished offices, 9,972 SF of cold-shell area, and 1,976 square feet allocated to common areas and restrooms. Built in 2014, the space previously served as a corporate headquarters.
A private parking garage is attached to the building and provides covered parking for employees and staff. The property is zoned C-C. Pacific Retirement Services occupies the third floor, while Rogue Disposal is located on the fourth floor.
A private parking garage is attached to the building and provides covered parking for employees and staff. The property is zoned C-C. Pacific Retirement Services occupies the third floor, while Rogue Disposal is located on the fourth floor.
Key Highlights
- Approximately 30,964 total square feet on the building’s second floor
- 19,016 SF of finished, furnished office space
- 9,972 SF of cold‑shell area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$378,999
Cap Rate
4.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,579,980
$7.6M
Cap Rate 7%
$5,414,271
$5.4M
Cap Rate 9%
$4,211,100
$4.2M
Market Conditions
NOI Build-Up for 30,964 SF
Gross rent
$594.5K $19.20/SF
− Vacancy
−$89.2K −$2.88/SF
EGI
$505.3K $16.32/SF
− OpEx
−$126.3K −$4.08/SF
NOI
$379.0K $12.24/SF
Area
Jackson County, OR
Vacancy
15.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,579,980
Cap Rate 7%
$5,414,271
Cap Rate 9%
$4,211,100
Alternative Uses
Best Use
Office B
$5.41M
$4.74M – $6.32M
NOI $378,999 @ 7.0% cap · market cap 4.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.47M
$6.54M – $8.72M
NOI $523,168 @ 7.0% cap · market cap 6.79%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Current Use
Lease Details
Multi-tenant
Tenancy
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
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - The floor combines furnished office interiors, cold-shell space, and shared restrooms.
Where is this office unit located?
The property is located at 1 W Main Street #201 Medford, OR.
What is the asking price?
The asking price for this property is $7,700,000.
What are key features of this property?
This property features: Approximately 30,964 total square feet on the building’s second floor; 19,016 SF of finished, furnished office space; 9,972 SF of cold‑shell area
