Single-Story Corner Retail
36 S Riverside Avenue Medford, OR 97501
36 S Riverside Avenue, Medford, OR, 97501
$369,000
For Sale
$369,000
COMMERCIAL - Medford, OR
Property Size1,944 SF
Lot Size0.07 Acres
Price / SF$189.81
Days on Market730
Property Features for 36 S Riverside Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Security features
- Security System
- Window features
- Wood Frames, Skylight(s), Tinted Windows
- Interior features
- Solar Tube(s), Wired for Data, Wired for Sound
- 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
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
710 Cardley Ave, Salem, OR
Listed by
Lisa Sears · License #200112099
(888) 814-9613
Added: Jul 22, 2024 Updated: Jul 17 at 11:45 am Checked: Jul 21 at 3:06 am
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 single-story commercial building offers a flexible layout with two separate entrances and large street-facing showroom windows. Inside, the space includes an open showroom area, two offices, two bathrooms, and a basement level of approximately 1,000 square feet that can support storage or future expansion. The property is wired for data and sound with four speakers.
Set on a downtown Medford corner at a lighted intersection along a main thoroughfare into town, the building benefits from visibility and nearby activity. It is adjacent to the RCC Higher Ed Center and there is a large public parking lot next door.
Community Commercial (C-C) zoning permits many uses, and the property is located in a designated Opportunity Zone. It is within walking distance to downtown dining, entertainment, and businesses.
Set on a downtown Medford corner at a lighted intersection along a main thoroughfare into town, the building benefits from visibility and nearby activity. It is adjacent to the RCC Higher Ed Center and there is a large public parking lot next door.
Community Commercial (C-C) zoning permits many uses, and the property is located in a designated Opportunity Zone. It is within walking distance to downtown dining, entertainment, and businesses.
Key Highlights
- 1,944 SF single‑story commercial building with an additional ~1,000 SF basement for storage or expansion
- Corner property at a lighted intersection with two separate entrances and large street‑facing showroom windows
- Two offices, two bathrooms, and an open showroom area with a flexible floor plan for reconfiguration
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $42.0k | $21.60 |
| − Vacancy | −$3.6k | −$1.84 |
| EGI | $38.4k | $19.76 |
| − OpEx | −$11.5k | −$5.93 |
| NOI | $26.9k | $13.83 |
1,944 SF · lease $21.60/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$384.2K
$336.2K – $448.3K
NOI $26,895 @ 7.0% cap · market cap 7.29%
Second Best
Office B
$339.9K
$297.4K – $396.6K
NOI $23,795 @ 7.0% cap · market cap 6.45%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Adams Atm's
Atm
Mother Earth Medicines
Bar & Pub
Similar For Sale Nearby
Similar Off Market Nearby
- Infinity Flower and gifts — 424 Boardman St, Medford, OR 97501
- Woolvies Florist — 612 crater lake ave, medford, or 97504
FAQs
What type of property is this?
Storefront property - Corner storefront building with two entrances, street-facing showroom windows, and a basement for storage or expansion.
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 SF single‑story commercial building with an additional ~1,000 SF basement for storage or expansion; Corner property at a lighted intersection with two separate entrances and large street‑facing showroom windows; Two offices, two bathrooms, and an open showroom area with a flexible floor plan for reconfiguration
