Search
Corner Showroom with Basement
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 Market821

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
Listed By: Lisa Sears
Added: Jul 22, 2024 Changed: Oct 2 Last Checked: Oct 20 at 9:06AM
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.

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

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.

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 / 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 (±1% cap)
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 (±1% cap)
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

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Adams Atm's Atm Mother Earth Medicines Bar & Pub

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Parts Store HVAC Service Storage Facility Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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

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

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Similar Off Market Nearby

  • CAP Concrete Coatings — 250 Commercial Ct Suite 101, Medford, OR 97501
  • Beavertooth Oak — 401 S Fir St, Medford, OR 97501
  • Jeff Jarvis Tile & Stone — Medford, OR 97501

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
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again