Single-Level Office
145 N Bartlett St #A, Medford, OR 97501
For Sale
New
Contact for pricing
A flexible office layout combines private rooms, shared work areas, and storage in a downtown commercial setting.
Property Size1,200 SF
Days on Market7
Property Features for 145 N Bartlett St #A
General Information
Standard status
Size
Property subtype
Zoning
Additional Details
Office Units
Property Use
Amenities
kitchen
break room
private offices
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 8:00AM
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 1,200-square-foot office suite occupies one level and includes multiple private offices, a kitchen and break room, and storage. The property was built in 1956 and is zoned C-C. The listed zoning supports a range of business uses, with additional use information available from the City.
Located in Lithia Commons at 145 N Bartlett St, the suite is next door to Lithia Motors Headquarters. It is also two blocks from Hawthorne Park, identified for a proposed minor league baseball stadium, conference center, and hotels, as well as a downtown revitalization plan.
Located in Lithia Commons at 145 N Bartlett St, the suite is next door to Lithia Motors Headquarters. It is also two blocks from Hawthorne Park, identified for a proposed minor league baseball stadium, conference center, and hotels, as well as a downtown revitalization plan.
Key Highlights
- 1,200‑square‑foot suite in Lithia Commons
- Single‑level layout with multiple private offices
- Kitchen and break room, plus ample storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,688
Suggested Prices Based on Cap Rates
Cap Rate 5%
$293,760
$293.8K
Cap Rate 7%
$209,829
$209.8K
Cap Rate 9%
$163,200
$163.2K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$23.0K $19.20/SF
− Vacancy
−$3.5K −$2.88/SF
EGI
$19.6K $16.32/SF
− OpEx
−$4.9K −$4.08/SF
NOI
$14.7K $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%
$293,760
Cap Rate 7%
$209,829
Cap Rate 9%
$163,200
Alternative Uses
Best Use
Office B
$209.8K
$183.6K – $244.8K
NOI $14,688 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$289.6K
$253.4K – $337.9K
NOI $20,275 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
1
Office units
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 flexible office layout combines private rooms, shared work areas, and storage in a downtown commercial setting.
Where is this office unit located?
The property is located at 145 N Bartlett St #A Medford, OR.
What are key features of this property?
This property features: 1,200‑square‑foot suite in Lithia Commons; Single‑level layout with multiple private offices; Kitchen and break room, plus ample storage
