Office Suite with Private
145 N Bartlett St, Medford, OR 97501
For Sale
New
Contact for pricing
A compact downtown workspace includes a kitchen and break area, storage, and C-C zoning.
Property Size600 SF
Days on Market6
Property Features for 145 N Bartlett St
General Information
Standard status
Size
Property subtype
Zoning
Additional Details
Property Use
Amenities
kitchen
break room
storage
Building Details
Year Built
Listing Agency:
Merit Commercial Re, LLC
Listed By:
Strategic Realty, LLC
(541) 595-8444
Source:
Movetobend
Added: Nov 8
Changed: Nov 12
Last Checked: Nov 12 at 7:48AM
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 Merit Commercial Re, LLC
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Investment Insights
Based on property information with market context.
This 600-square-foot office unit in Lithia Commons is arranged on one level and contains multiple private offices, a kitchen and break room, and storage. The building dates to 1956, and the property is zoned C-C.
The office is at 145 N Bartlett St in downtown Medford, next door to Lithia Motors headquarters. The space is offered for sale or lease.
The office is at 145 N Bartlett St in downtown Medford, next door to Lithia Motors headquarters. The space is offered for sale or lease.
Key Highlights
- 600‑square‑foot office unit in Lithia Commons
- One‑level layout with multiple private offices
- Kitchen and break room, plus storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,344
Suggested Prices Based on Cap Rates
Cap Rate 5%
$146,880
$146.9K
Cap Rate 7%
$104,914
$104.9K
Cap Rate 9%
$81,600
$81.6K
Market Conditions
NOI Build-Up for 600 SF
Gross rent
$11.5K $19.20/SF
− Vacancy
−$1.7K −$2.88/SF
EGI
$9.8K $16.32/SF
− OpEx
−$2.4K −$4.08/SF
NOI
$7.3K $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%
$146,880
Cap Rate 7%
$104,914
Cap Rate 9%
$81,600
Alternative Uses
Best Use
Office B
$104.9K
$91.8K – $122.4K
NOI $7,344 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$144.8K
$126.7K – $169.0K
NOI $10,138 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
3,188
Businesses Nearby
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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
$325,200
Median Home Value
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Market
Average Price Trend$/SF for Office Units in Medford, OR
Properties on Market for Office Units in Medford
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - A compact downtown workspace includes a kitchen and break area, storage, and C-C zoning.
Where is this office unit located?
The property is located at 145 N Bartlett St Medford, OR.
What are key features of this property?
This property features: 600‑square‑foot office unit in Lithia Commons; One‑level layout with multiple private offices; Kitchen and break room, plus storage
