Corner Showroom with
For Sale
$369,000
36 S Riverside Avenue, Medford, OR 97501
Commercial Sale, Medford, OR
Property Size1,944 SF
Lot Size0.07 Acres
Price / SF$189.81
Days on Market775
Property Features for 36 S Riverside Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
C-C
Security features
Security System
Window features
Tinted Windows, Skylight(s), Wood Frames
Interior features
Solar Tube(s), Wired for Data, Wired for Sound
Lot features
Corner Lot
Directions
Corner of 8th and Riverside.
Standard status
Active
APN
10370078
Size
1,944 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Year
2023
Tax Annual Amount
3580
Utilities
Sewer type
Public Sewer
Heating system
Ductless (Heating)
Cooling system
Ductless
Water source
Public
Amenities
two separate entrances
large street-facing showroom windows
two offices
two bathrooms
open showroom area
basement
wired for data and sound with four speakers
Building Details
Year built
1940
Floors in Building
2
Number of units
1
Flooring type
Simulated wood
Building materials
Block
Roof type
Built-Up
Listing Agency:
eXp Realty, LLC
(888) 814-9613
Listed By:
Lisa Sears · License #200112099
(541) 659-1209
Added: Jul 22, 2024
Changed: Aug 30
Last Checked: Sep 4 at 3:06PM
MLS# 220186997
Copyright © 2026 Oregon Data Share. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1,944-square-foot single-story showroom building, constructed in 1940, combines customer-facing retail space with practical back-of-house areas. The layout includes two separate entrances, broad windows along the street, two offices, two bathrooms, and an open showroom. An approximately 1,000-square-foot basement provides storage or additional functional space. Interior improvements include simulated wood flooring, solar tubes, ductless heating and cooling, and wiring for data and sound with four speakers.
The property occupies a corner at a signalized intersection on a principal route into Medford, with exposure to both vehicle and pedestrian activity. It is adjacent to the RCC Higher Ed Center, next to a large public parking lot, and within walking distance of downtown dining, entertainment, and businesses. Community Commercial (C-C) zoning supports a broad range of uses, and the site is within a designated Opportunity Zone.
The property occupies a corner at a signalized intersection on a principal route into Medford, with exposure to both vehicle and pedestrian activity. It is adjacent to the RCC Higher Ed Center, next to a large public parking lot, and within walking distance of downtown dining, entertainment, and businesses. Community Commercial (C-C) zoning supports a broad range of uses, and the site is within a designated Opportunity Zone.
Key Highlights
- 1,944‑square‑foot single‑story showroom building on a 0.07‑acre lot
- Approximately 1,000‑square‑foot basement for storage or expansion
- Corner position at a lighted intersection along a main route into town
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$26,895
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.29%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
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
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Showroom - Single-story showroom property with adaptable interiors, separate entry points, office and restroom areas, and public parking next door.
Where is this showroom 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 single‑story showroom building on a 0.07‑acre lot; Approximately 1,000‑square‑foot basement for storage or expansion; Corner position at a lighted intersection along a main route into town
