Showroom Storefront with
For Sale
$369,000
36 S Riverside Avenue, Medford, OR 97501
A flexible, single-story commercial space features two entrances, office rooms, and a large open display area.
Property Size1,944 SF
Price / SF$189.81
Days on Market831
Property Features for 36 S Riverside Avenue
General Information
Standard status
Active
Size
1,944 SF
Property subtype
Commercial
Zoning
C-C
Additional Details
Opportunity Zone
Yes
Corner Location
Yes
Taxes and HOA fees
Annual Taxes
$3,580
Amenities
Solar Tube(s)
Wired for Data
Wired for Sound
Building Details
Building Size
1,944 SF
Year Built
1940
Buildings
1
Stories
2
Units
1
Listing Agency:
eXp Realty, LLC
(888) 814-9613
Listed By:
Lisa Sears · License #200112099
(541) 659-1209
Source:
Desertskyrealestate
Added: Jul 22, 2024
Changed: Oct 29
Last Checked: Oct 29 at 8:25PM
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 eXp Realty, LLC
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Investment Insights
Based on property information with market context.
This single-story storefront contains 1,944 square feet, with a separate basement of approximately 1,000 square feet. The interior includes an open showroom, two offices, two bathrooms, and two independent entrances. Large windows face the street, and the space is wired for data and sound with four speakers. The floor plan can be reconfigured, and the building was constructed in 1940.
The property is at 36 S Riverside Avenue in Medford, at a signalized intersection along a main route into town. Rogue Community College’s Higher Education Center is adjacent, and a large public parking lot is next door. Downtown dining, entertainment, and businesses are within walking distance. The site is zoned C-C and is in a designated Opportunity Zone.
The property is at 36 S Riverside Avenue in Medford, at a signalized intersection along a main route into town. Rogue Community College’s Higher Education Center is adjacent, and a large public parking lot is next door. Downtown dining, entertainment, and businesses are within walking distance. The site is zoned C-C and is in a designated Opportunity Zone.
Key Highlights
- 1,944‑square‑foot storefront with an approximately 1,000‑square‑foot basement
- Open showroom, two offices, and two bathrooms
- Two separate entrances and large street‑facing showroom windows
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,895
Cap Rate
7.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$537,900
$537.9K
Cap Rate 7%
$384,214
$384.2K
Cap Rate 9%
$298,833
$298.8K
Market Conditions
NOI Build-Up for 1,944 SF
Gross rent
$42.0K $21.60/SF
− Vacancy
−$3.6K −$1.84/SF
EGI
$38.4K $19.76/SF
− OpEx
−$11.5K −$5.93/SF
NOI
$26.9K $13.83/SF
Area
Jackson County, OR
Vacancy
8.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$537,900
Cap Rate 7%
$384,214
Cap Rate 9%
$298,833
Alternative Uses
Best Use
Retail
$384.2K
$336.2K – $448.3K
NOI $26,895 @ 7.0% cap · market cap 7.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$469.2K
$410.6K – $547.4K
NOI $32,846 @ 7.0% cap · market cap 8.90%
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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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,243
Businesses Nearby
218k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 32%
Apparel 30%
Leisure 26%
Shops & Services 11%
Cinemark Tinseltown USA
Leisure
56,946 visits/mo
0.4 miles
Burlington
Apparel
37,487 visits/mo
0.4 miles
Red Robin Gourmet Burgers
Dining
24,662 visits/mo
0.3 miles
Ross Dress for Less
Apparel
23,218 visits/mo
0.4 miles
Taco Bell
Dining
11,770 visits/mo
0.3 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
- Infinity Flower and gifts — 424 Boardman St, Medford, OR 97501
- Woolvies Florist — 612 crater lake ave, medford, or 97504
Frequently Asked Questions
What type of property is this?
Storefront property - A flexible, single-story commercial space features two entrances, office rooms, and a large open display area.
Where is this storefront property located?
The property is located at 36 S Riverside Avenue Medford, OR.
What is the asking price?
The asking price for this property is $369,000.
What are key features of this property?
This property features: 1,944‑square‑foot storefront with an approximately 1,000‑square‑foot basement; Open showroom, two offices, and two bathrooms; Two separate entrances and large street‑facing showroom windows
